Having acquired its first Australian projects earlier this year, UK based Foresight is raising funds for future acquisitions. The Foresight Solar Fund has announced plans for more than GBP 75 million (US$99 million) in investments through the placement of new shares.
‘Solar Air-BnB’ model emerges from 2017 Melbourne Energy Hack. Consumers that do not have access to rooftop for a PV installation can be connected to roofs that are currently free of PV in the innovative solution.
Taiwanese module maker Winaico is set to launch its heterojunction (HJT) PV modules in Q2 2018. The high powered PV panels feature a favourable temperature co-efficient, offering a high powered module for high temperature rooftop applications.
The Singapore-based renewable energy developer has agreed to be sold to investment fund Global Infrastructure Partners. China Investment Corp, Canada’s PSP Investments and other co-investors are also involved in the deal, which is the largest yet seen for the renewable energy industry.
Dr. Brett Hallam of the University of New South Wales’ (UNSW) School of Photovoltaic and Renewable Energy engineering has been awarded a prestigious State Premier’s Prize for Science and Engineering.
As part of the $2 billion affordable energy plan, the Queensland Government has announced it will invest $40 million in schemes to improve access to both solar energy and storage systems.
RES Australia has announced financial close on the Emerald Solar Park, a 68 MW PV project to be located in the Central Highlands region of Queensland. The project is the first in Australia to be supported by a PPA with a corporate off-taker.
Germany’s Fraunhofer ISE CalLab has confirmed that China’s Longi Green Energy Technology has achieved a record 22.71% conversion efficiency with its monocrystalline passivated emitter rear contact (PERC) solar cells.
Chinese PV component suppliers and project developers are continuing to push strongly in to international markets and are eyeing up new opportunities in Australia. Tenders, hybrid arrays and agri-PV all represent opportunities.
The Victorian Andrews Labor Government’s Renewable Energy Target (RET) has passed into law. The move mandates 25% of the state’s electricity is to be sourced from renewables by 2020 and 40% by 2025.
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