Hybridization of power supply, through the inclusion of renewables, offers Australian mining companies the opportunity to score a significant “triple win” in the form of reduced cash operating costs, reduced fuel prices and reduced exposure to carbon risk.
The first Senec battery to be installed in an Australian home has helped the household reduce its summer power bill by 90%. The system, a 10 kWp Senec.Home battery, has helped the Spilsbury family in Perth’s western suburbs reduce its power consumption from the grid through maximizing self consumption for its 5 kW rooftop solar and by adapting consumption patterns.
Australia is set to quadruple its utility-scale PV capacity in 2018, with a 2 GW pipeline. The effects of the expansion are now beginning to show, as projects come online. So far just 0.1 MW of the 2018 pipeline are fully operational, but as of July this is going to change.
Through the deal SunPower gets US$25 million and stock; however the bigger deal may be Enphase’s right to be the company’s exclusive residential inverter supplier.
Data published by the United States Geological Survey show that, in 2017, lithium production in Australia reached 18,700 tons, compared to 14,100 tons in Chile. The market share of Chile has declined from 37.6% in 2016 to 32.8% in 2017; and risen Australia, from 36.8% to 43.5% in the same period.
The plant is the second-largest planned in the Western Hemisphere, and will triple the thin film module maker’s manufacturing capacity in the United States.
ABB, ElectraNet and ARENA are coming together to deliver a microgrid and large scale battery storage solution to South Australia’s Yorke Peninsula. The commercial-deployment phase of the Energy Storage for Commercial Renewable Integration (ESCRI) project will strengthen the Electranet transmission system in the area, and will deliver increased resilience in the event of interstate connector failure.
Arizona’s largest power user has approved a 20-year power contract with a 30 MW solar project at US$2.49¢/kWh (AUD3.27c/kWh), the lowest price for a public solar power contract to date. The deal also involves shutting down a coal plant.
Pioneering UNSW solar researcher Martin Green has received wide recognition for his achievement as being selected as one of the winners of 2018 Global Energy Prize. The prize means Green will split $820,000 in prize money with the co-winner, to go towards his research and teaching, and resulted in a congratulatory call from Prime Minister Malcolm Turnbull.
The market research company expects the Chinese market will decline by 15 GW this. Part of this slow-down, however, will be off-set by lower module prices and accelerated demand across markets with pent-up demand.
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