CER: Development pipeline grows with RET at hand
With enough large-scale projects under construction or already built to meet the 2020 Renewable Energy Target, the Clean Energy Regulator keeps tracking the progress across the market, as the development pipeline nears the 9 GW threshold.
Another Facebook data center goes solar
The company data center in Singapore will be provided with solar power by Sembcorp Industries under a 20-year PPA. The required electricity will be generated across 900 rooftop PV systems totaling 50 MW.
Marubeni to double global renewables portfolio in shift from coal
Marubeni has revealed plans to halve its 3 GW global coal-fired power portfolio by 2030, and double its holdings of renewable energy within the next five years.
US: 25% tariffs on Chinese inverters to start on January 1
The final order from the U.S. Trade Representative includes an interim tariff rate of 10% set to start on September 24.
Renewable generation continues record-breaking streak, putting pressure on power prices – report
Renewable energy set a new record level in August with 25.6% of electricity supplied across the NEM, according to a new report by a progressive think-tank, The Australia Institute. This volume of new generation is likely to significantly increase competition in the wholesale market, thereby putting downward pressure on prices, the report finds.
juwi to develop PV hybrid project for University of Queensland
German-headquartered project developer juwi Renewable Energy has inked an agreement with the University of Queensland to deliver a solar+storage hybrid power solution at its research station located in the Great Barrier Reef.
Deloitte: The case for renewables has never been stronger
Renewable energy sources, notably solar and wind, are reaching price and performance parity on and off the grid, shows a new Deloitte Global report, highlighting seven trends that are driving this transformation.
Victorians invited to apply for rooftop solar rebates
Applications have officially opened for 50% rebates on rooftop solar installations under the Victorian government’s Solar Homes program, announced just weeks ago. The subsidies will be available until 30 June next year.
AEMO gets green light to set up distributed solar+storage register
Australia’s policy maker for the energy markets has approved the establishment a national register of small-scale distributed energy resources, which will give AEMO and distribution network businesses more data to help in planning and operating the power system as it transforms.
Victorian auction winners outline construction plans
The developers that emerged as winners in the Victorian government’s first renewable energy auction have confirmed receiving support agreements from the state to ensure revenue certainty for the projects. The companies have also outlined their construction plans, some of which even include batteries.
