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Australia

SA Water to install 100 kW floating array, announces $10 million solar, storage tender

South Australia’s water utility will install a trial floating PV array on its Happy Valley Reservoir. The 100 kW system will be installed in 2018 and is a part of the utility’s plans, announced today, to reduce its net electricity costs to zero by 2020.

AMP Capital provides Neoen €245 million for French, Australian renewable projects

The French independent power producer will use the funds for the development of 1.6 GW of wind and solar in France and Australia.

Victorian reverse auction community engagement criteria asks developers to go extra mile

The Victorian Renewable Energy Auction Scheme (VREAS) makes community engagement an eligibility and evaluation criteria for funding, with a benefit-sharing program a first in State Government regulation of renewable energy projects.

Australian Greens call for RET expansion as AEMC finds wholesale price increases will be “reversed” by renewables

The Australian Greens are continuing their advocacy for a RET extension and expansion beyond 2020, on the back of the Australian Energy Market Commission (AEMC) finding that renewables are driving down electricity prices. In its latest report on electricity prices, AEMC has found that much of 2017’s 11% residential price increases will be “reversed” as around 4 GW of renewables come online – driven by the RET.

Australia Post installs 2.1 MW at Sydney parcel facility

In what it claims is Australia’s largest single rootop PV array, Australia Post has added 2.1 MW of PV to its Sydney Parcel Facility in Chullora.

CEFC hits 1 GW milestone, provides $207 million debt finance to Wirsol projects

After agreeing to provide debt finance to two Wirsol projects with a combined capacity of 200 MW, the Clean Energy Finance Corporation (CEFC) has achieved the milestone of having funded 1 GW of large scale solar projects. The two loans to Wirsol allow construction of the projects to get underway before PPAs have been signed.

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Maoneng signs PPA for 300 MW in New South Wales

Chinese/Australian developer Maoneng has signed a 15-year PPA to provide energy company AGL with 300 MW of PV projects, to provide up to 800,000 MWh of electricity per year. The projects form part of AGL’s plan to replace the coal-fired Liddell Power Station, set to close in 2022.

ARENA awards $29.2 million to 20 solar R&D projects

The Australian Renewable Energy Agency (ARENA) has announced that it will award multiple Australian universities and research institutes with a total of $29.2 million to support early-stage research into new solar innovations.

Construction begins on Australia’s first hybrid solar+wind+storage plant in Queensland

Ground was broken on the 60 MW project in a ceremony held on Monday. Developer Windlab limited says it expects the $160 million project to be completed in late 2018.

CRC-P awards $8.34 million for three green projects

Under the Cooperative Research Center Program 4th Selection Round, the Australian Federal Government will extend a grant for a smart home energy management system. Other awarded green projects involve an energy storage technology alternative for lithium-ion batteries and innovative generation of low cost, zero-emission, reliable electricity.

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