Wrapping up the year in which it established its wholly-owned manufacturing facility in Thailand, the Brisbane-based battery supplier says it is negotiating contracts with a number of customers, sharpening its focus on key target markets in Australasia, Asia Pacific and South Africa.
The new control room located in Bangkok will help the German renewable energy developer to keep tabs on its growing APAC portfolio.
The addition of 7,200 MW of large-scale renewable energy supply since the closure of coal-fired power plants in 2016 in expected to almost halve wholesale electricity price over the next four years, shows the latest analysis from Green Energy Markets.
The new federal Energy Minister has revealed his thinking, although few details, as to the measures the government will take in pursuit of its new “laser like” focus on electricity price reduction. While denying that he is a climate sceptic, emissions reduction clearly has no place in proposed policy measures.
The delayed establishment of state-owned renewable energy corporation CleanCo has kicked off. The new generator is expected to save households approximately $70 annually.
Australia’s first commercial installation of printed solar cells, made using specialised semiconducting inks and printed using a conventional reel-to-reel printer, has been installed on a factory roof in Newcastle.
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.
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.
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.
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.
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