News

Latest Global Solar Demand Monitor from GTM Research forecasts 6% annual increase in PV installation growth although current largest markets will register 7% contraction while geographic diversification poised to grow.

In anticipation of a more detailed presentation of the scheme, Energy Minister Josh Frydenberg used the opportunity of the speech to the National Press Club to present the National Energy Guarantee as the best possible option to ensure reliability of supply, describing it as “technology neutral”. Amid mounting criticism leveled by retailers, analysts and leading developers of battery storage, few signs of a national consensus on the proposed NEG are emerging.

The Spanish tracker manufacturer has announced its first deal in Australia just months after opening a subsidiary in Sydney.

Inaugural global energy storage report by GTM Research finds that Australia’s behind-the-meter storage market tripled in 2017, while the U.S. remains the world’s leading market with an installed energy capacity of 431 MWh. China poised to rise to second place globally in 2019.

Western Australia energy provider Synergy has named RCR Tomlinson as EPC contractor for the expansion of the Greenough River solar farm from 10MW to 40MW.   

South32 has announced a remote, off-grid renewable energy project at its Cannington mine, which will involve a 3MW solar farm.

Scientists at European solar research organization, Solliance have announced the achievement of 14.5% conversion efficiency on a perovskite module. The module uses a glass substrate, and the efficiency was measured on an aperture area of 144 cm².

Global solar PV inverter shipment are expected to increase just 2% this year, to just over 100 GWac, GTM Research’s Scott Moskowitz tells pv magazine. He further reveals that Huawei knocked SMA off the top revenue spot in 2017, for the first time.

Construction and building industry superannuation fund Cbus Super has stepped forward, alongside the Dutch Infrastructure Fund (DIF) as the majority investors in Synergy’s solar and wind portfolio. The newly formed Bright Energy Investments vehicle will clear the way for Synergy to develop a pipeline of large scale solar and wind projects in WA.

A new report drafted by Bloomberg New Energy Finance (BNEF), the United Nations Environment Programme (UNEP), and the Frankfurt School-UNEP Collaborating Centre shows that global solar energy investments overshadowed all other forms of electricity generation in 2017. China is leading the pack of the world’s largest renewables investors, followed by Australia, Mexico and Sweden.