Another 5 GW of module capacity for the Longi juggernaut
The mono giant has announced the latest aspect of a strategy to massively increase production capacity which is currently set to cost around $3.32 billion. Longi last week issued $710 million of new convertible bonds for investors.
Kidston solar-pumped hydro project stalls as funding falls through
Genex Power has failed to lock in a previously announced offtake agreement with EnergyAustralia for its landmark Kidston hub in northern Queensland and requested a trading halt with the ASX on their securities.
Adani opens 65 MW Queensland solar farm, puts further investment on hold
While it seeks to build one of Australia’s biggest coal mines, Adani has grown more cautious on solar investment after suffering connection delays on its first renewables project in Australia.
Queensland’s grows its PV fleet as another solar farm gets connection go-ahead
One of Queensland’s largest solar developments near Miles has signed up to connect to the state’s publicly-owned electricity grid.
46,000 rooftop PV installs under Victoria’s Solar Homes program
New data on the Victorian government’s Solar Homes program show the demand for rebates for solar panels, solar hot water, solar batteries and no-interest loans has been well spread across the state.
The race has only just begun
The Australian utility-scale PV and wind industries have just gone through a record two years of construction and commissioning. More specifically, writes Rystad Energy’s David Dixon, utility-scale PV has transformed from a megawatt-scale market to one measured in gigawatts. The resultant boom in utility-scale PV in the country has attracted developers, EPCs and OEMs, from at home and across the globe.
South Australian government puts out tender for long-term, cleaner electricity supply
The state government is on a lookout for a new electricity supplier for 100% of its load. Its goal is to lock in a contract which would deliver more affordable, reliable and cleaner electricity in South Australia.
Lighsource BP secures finance for first Australian solar farm
Lightsource BP has signed financing agreements to develop its first utility-scale solar project in Australia. The 200 MW solar farm, near Wellington, New South Wales, is the largest single plant to be financed by the U.K. solar developer to date and one of the biggest projects in Australia to use bifacial PV.
Jinko launches Tiger module Down Under
The Chinese manufacturer has officially unveiled its high-efficiency product in Melbourne after celebrating a 13.6 MW panel order from the nascent Hungarian PV market.
AEMO brings up staged approach to energy transition
The Australian Energy Market Operator (AEMO) has undertaken a review on how Australia compares with other international power systems and suggested that the theoretical limits on wind and solar penetration may need to be defined with an eye on the power system stability.
