RateSetter to deliver South Australia’s Home Battery Scheme
Peer-to-peer lender RateSetter has been named the exclusive administrator of the South Australian government’s Home Battery Scheme. Based on a funding deal with the Clean Energy Finance Corporation, RateSetter will offer $100 million in loans in cases when the upfront costs of the home battery system installations are not met by the South Australia government subsidies.
2035: The renewable energy tipping point
The tipping point, where the world shifts from oil and gas to renewables, will be the year 2035, says Wood Mackenzie. This is when renewables and electric-based technologies converge, with around 20% of global power needs being met by solar or wind, and roughly 20% of miles traveled by cars, trucks, buses and bikes using electricity. Will the transition come soon enough, however?
Prices for monocrystalline solar modules are picking up
Analysts at Taiwan-based EnergyTrend and China’s PV Infolink have reported a further increase in demand for monocrystalline solar cells and modules in recent days. Their respective analyses on multi-crystalline products, however, do not match.
CER: Record high number of projects accredited in September, development pipeline surpasses 10 GW
With a combined capacity of 667 MW, September has set a new record high for the number of accredited projects in a single month, show the latest data released by the Clean Energy Regulator. Almost all of the new capacity comes from large scale solar.
Downer to build Australia’s largest solar farm
Belectric has awarded a contract to Downer to build the 349 MWp Limondale Solar Park located in New South Wales.
Renew Estate gets regulatory nod for 100 MW solar farm
The $164 million Bomen Solar Farm near Wagga Wagga has been approved by the New South Wales Department of Planning and Environment. Construction is scheduled to begin shortly.
EVs could become key to renewables uptake and world’s largest source of battery storage
For renewables to claim a more sizable share of the global energy mix, the adoption of energy storage would need to pick up pace and the rapidly increasing size of the EV fleet will offer a scalable way to ramp up such access, says Fitch Solutions.
Community Tesla battery trial launched in Mandurah suburb
Australia’s first community battery trial will see a bulk Tesla battery integrated into existing grid and owned and operated by Western Power and Synergy.
Total Eren seeks to expand Victoria’s biggest solar farm to 450 MWp
After addressing grid connection challenges, the French renewables giant has launched construction on the 256.5 MWp Kiamal Solar Farm. It is now looking to add a second stage of up to 194 MWp, and is exploring commercial options for the approved 380 MWh of energy storage.
Eguana Technologies recruits new executives
Mercedes Benz execs join Eguana Technologies to help drive Calgary-based business’ global expansion plans.
