Oceania

As the business case grows for corporates to take out power purchase agreements for renewable energy, and Australia’s renewable-projects pipeline expands, the country’s first ever marketplace has opened for buyers and developers to form perfect power couples.

Energy is in the news as elections in NSW and at a Federal level edge closer. Today six Queensland National MPs called for the return of Angus Taylor’s Big Stick policy to scare down energy prices, three NSW independents wrote to the state’s Premier and Opposition leader demanding action on climate change, and a curious proposal for a new coal-fired power plant in the Hunter Valley emerged from Hong Kong.

Western Australia’s government-owned regional utility Horizon Power is readying to roll out 13 solar and battery technology units at 14 far-flung farms in the Esperance region.

U.S.-based high efficiency module maker SunPower is introducing its new Maxeon 3 module series to the Australian marketplace. At 370W, 390 and 400 W, the modules lead the field for power output. U.S. customers will, however, be the first to see the company’s larger format A-Series modules.

Following a sod-turning ceremony that took place without much fanfare in south-east Queensland two weeks ago, Sunshine Energy Australia CEO Anthony John Youssef provides some detail on a 1.5 GW solar PV and 500 MWh energy storage project. While light on details about the financing structure, Youssef sets out the proposed construction timeline that, he hopes, will not be thwarted by two appeals lodged against the development.

Under the new planning mechanism adopted by the Victorian government, permits will be required for the power lines that connect new large-scale wind and solar generators to the grid. The public will be involved in the process of deciding power line routes.

While it managed to gain past financial backing from the state government despite uncertainty surrounding its landmark wave energy project, the troubled WA-based renewable energy developer has suffered another blow last week. Trading of Carnegie shares has been suspended from the Australian Securities Exchange (ASX).

Summer is notionally over and analysts at Rystad Energy have coolly assessed the coming year into 2020; in Sydney the Rystad team convened an experienced panel of market participants to give their take on what solar developers, EPCs, investors, equipment suppliers and skill seekers can expect in months to come.

According to the 2018 data from the Clean Energy Regulator, the LGCs surrender shortfall stood at 13.9% of total liability as 17 entities failed to meet more or equal to 10% of their renewable energy target obligations, including major electricity retailers – Alinta, Lumo Energy, Simply Energy and EnergyAustralia.

At the Commercial and Large Scale Solar Conference, Epho, an EPC and operations-and-maintenance provider in the C&I space, announced it has developed a model for industrial rooftops to be blanketed in solar PV for the benefit of tenants, landlords and the grid — it involves operating both behind and in front of the meter.