Oceania

In a briefing looking into the renewable energy investment boom, BIS Oxford Economics estimates solar and wind will attract $20 billion of private investment in FY18 and FY19, spread over more than 70 projects. The consultants warn investment will slow beyond 2020 pointing to the upcoming Federal election as critically important for the future of Australia’s renewables pipeline.

Following the decision to require retailers taking part in the Solar Homes program to be signatories to the Clean Energy Council’s Solar Retailer Code of Conduct, the Victorian government has set specific requirements for inverters that will be installed under the program.

The solar households which choose to participate in the trial will receive direct cash payments of up to $135 per year, depending on the size of their battery system.

A new major aspect of Labor’s climate policy announcement on Monday was a national electric vehicle (EV) target with half of the cars on the Australian roads to be electric by 2030, and fuel emissions standards for all vehicles.

A recent Australian National University study shows that newly developed geographic information system algorithms can identify prospective sites for off-river pumped hydro projects throughout the world. The researchers, who identified around 530,000 potential sites, said pumped-hydro installations could enable large-scale energy time-shifting, as well as a range of ancillary services such as frequency regulation, which could help to integrate high levels of PV and wind into electricity systems.

One of the two largest managers of Australian retail property, Vicinity Centres, has invested $73 million in a solar program set to provide 31 MW of clean energy to 22 shopping centres and their retailers by end 2019. An early-stage trial of Trina bifacial panels will see Vicinity increase its solar yield mid-rollout.

Having observed early adopters negotiate renewable energy contracts for financial and sustainability gains, the next wave of Australia’s commercial and industrial energy consumers is ready for offtake. A raft of flexible new solar PV contract models and services is rising to meet their ambitions.

With solar panels already installed on dozens of its buildings, the City of Sydney has upped the ante with the goal to source 100% of its electricity needs from solar PV and wind. The commitment has been endorsed by Council this week, and a new 100% renewable electricity contract will be negotiated in the coming months.

The Norwegian solar panel manufacturer says Hanwha Q Cells did not provide full particulars of its allegations despite REC Group’s requests and went ahead to commence proceedings in the Federal Court of Australia.

Solar has grown so much that its output exceeded brown coal and gas over the summer months, between 9am to 5pm. New analysis by Green Energy Markets shows that across the whole of summer, renewable energy produced 128% more megawatt-hours of electricity than gas and 23% more than brown coal.