News

Retail super fund Future Super is backing peer-to-peer (P2P) solar loans to the tune of $200,000. While only small change, the move is claimed to be the first investment of a retail super fund in P2P clean technology lending.

Toyota has announced plans to begin public road trials this month on a new Prius PHV demo car modified to include integrated solar panels. The announcement follows similar recent solar innovations in the EV industry which could accelerate the emerging form of transport.

Western Australia utility Horizon Power’s Carnarvon Distributed Energy Resource (DER) PV trails have received the silver award in the Energy Smart Communities Initiatives (ESCI) Best Practice Awards in the category of Smart Grids. The award recognises the necessity of DER trailing in order to find better ways to integrate solar PV into regional locations. 

The Cambodian government has decided to approve four new solar projects, ranging in size from 20 MW to 60 MW, in response to rising energy demand. It further announced that the 60 MW project that it tendered at the beginning of the year is planned to start commercial operations in August.

Following similar calls from other industry bodies, the Clean Energy Council has urged the Victorian government to review its landmark Solar Homes Program and warned about the serious effects its dynamics has on the industry.

The 5 MW Mobilong Solar Farm will run on a fully merchant offtake arrangement over its 30-year lifetime.

An international research collaboration led by Curtin University is set to help decarbonise mining and other off-grid industry with concentrating solar power that delivers clean energy night and day.

Research on bifacial solar panel performance has moved performance analysis closer to a standardized practice than ever before. More field tests are underway across the United States, and the first waves of data are expected this year. These tests will help standardize a predictive model for bifacial projects that is bankable.

China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.

New research released this week by The Australia Institute shows that ‘time of use pricing’ (ToU) facilitated by smart meters is likely to drive up household energy costs by $429 a year on top of already high prices. Analysis of national electricity market data suggests that demand for electricity in Australia is very inelastic, which makes ToU more likely to increase the profits of electricity companies than to assist consumers. Households with solar PV and batteries, however, are best suited to cope with this type of pricing.