RCR Tomlinson suffers $57 million write-down on two solar farms
Speculations that delayed financial results spelled troubles have proved remarkably accurate – one of Australia’s leading EPC contractors has taken a huge write-down on two Queensland solar projects, and reported $16 million net loss.
Solar with battery back-up tops Aussie farmer wish list
A new report from Commonwealth Bank shows that 76% of Australian farmers would like to invest in solar with battery storage, and more than nine in ten farmers surveyed said they had some level of interest in energy efficiency investment.
Victorian government invests in Melbourne microgrid project
As part of its state-wide microgrid funding promise, the Labor Government has allocated a total of $980,000 for the Ovida Community Energy Hub project, which will install shared solar PV and battery systems in three multi-tenanted buildings in Melbourne.
Is China about to add 10 GW of unsubsidized solar?
Rumor has it industry lobbying has persuaded the government to agree to 300-500 MW of distributed PV in each of the populous nation’s 34 local government areas, with a reduction in “non-technical costs” making up for a lack of guaranteed payment.
Elon Musk scraps plan to take Tesla private
The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.
Energetica to establish gigawatt module fab in Austria
Production of high-efficiency solar PV modules in the Austrian region of Carinthia should commence as early as December 2018. Using a fully automated production line, Energetica Industries says it is well equipped for competition with Asian manufacturers.
No cheers for solar from new energy minister
It is unclear whether Angus Taylor is a climate sceptic, but with new PM Scott Morrison having immediately separated the energy and environment ministries – and having in the past professed a curious affection for coal – life could be about to get a whole lot tougher for the Australian PV industry.
Arctech Solar breaks into Australian market
Contracts have been inked for the Chinese manufacturer to supply a combined 377.6 MWp of tracking systems for two Australian projects. To ensure its presence in the market, the company is setting up a subsidiary Down Under.
Fronius Symo Hydrid now in sync with LG Chem RESU battery
The trademark all-in-one product of the Austrian inverter specialist is now compatible with the LG Chem storage solutions.
Pro-coal MP to open off-grid solar+storage project
In yet another bizarre demonstration of the muddled thinking of coalition parliamentarians and solar, climate skeptic and pro-coal LNP MP, George Christensen, will be launching a major off-grid renewable energy project – executed by local business Linked Group Services in Northern Queensland.
