IEA: changing policy, lack of competition failing Australian energy transition
The International Energy Agency (IEA) has delivered its latest detailed energy policy review to the Australian Federal Government. It points to changing policy at the Federal level as having failed Australia’s energy transition and consumers, and argues for the need for a framework to be put in place for 2030.
Global storage growth of 4.6% in 2017 reflects patchy state of sector, finds BNEF
Despite hitting a record 1.17 GW of new grid-scale storage capacity in 2017, growth was a mere 4.6% on 2016 having surged 61% the year prior. Industry’s reliance on policy support means foundations for growth remain uneven, report finds. Average costs, however, fell by 24% last year.
innogy to acquire two NSW projects worth 460 MW, open Australian subsidiary
Germany’s innogy is set to acquire the Limondale and Hilston utility scale solar projects in New South Wales from developer Overland Sun Farming. The two projects have a combined capacity of over 460 MW.
Sunseap to partner with InfraCo Asia to develop 168 MW solar plant in Vietnam
The Singapore-headquartered renewable energy developer signs agreement to jointly develop large-scale solar farm in Vietnam’s Ninh Thuan province with InfraCo Asia Development Pte.
Equis Energy signs 22 year PPA for 127 MW Tailem Bend
South Australia’s Tailem Bend Solar Project has reached financial close, having signed a PPA for 100% of its output with Snowy Hydro. Construction on the project, located 100km south-east of Adelaide, will begin in February 2018.
MLPE steps out from the shade
Gavin Merchant from SolarEdge Australia and New Zealand speaks to pv magazine Australia about the growing acceptance of module-level power electronics across all solar market segments. The rise of storage is also bringing new opportunities.
China to achieve grid parity for solar in 2023, slow development of storage hinders RE adoption, survey shows
Examining the outlook for renewables, grid and infrastructure, and energy storage for the next five years and beyond, the Lloyd’s Register 2018 Technology Radar study asks the question: when will renewables become the dominant source of energy?
ENcome reports rapid expansion in Australian market as O&M provider
Austrian headquartered ENcome is reporting rapid growth as an independent operations and maintenance (O&M) provider to the Australian utility scale solar market.
Carnegie to negotiate lease for 100 MW/20 MWh WA Goldfields solar+storage project
Carnegie Clean Energy has received approval to negotiate the lease for a 250ha site in the WA’s Eastern Goldfields, on which it hopes to develop a 100 MW solar and 20 MWh battery storage array. The Mungari Solar Farm would supply power to a region currently suffering from electricity supply constraints.
REC Group selects Meyer Burger’s SmartWire technology for Singapore fab
Switzerland’s Meyer Burger to deliver and install its SmartWire Connection Technology at REC Group’s production facility in Singapore at the start of Q2, company confirms.
