NSW home to 13 of the top 20 performing solar farms in November
New South Wales was home to 13 of the top 20 performing solar farms in November, with the state generating 682 GWh from utility-scale PV. Overall, Australia’s large-scale renewable generation was up 7% from the previous November, Rystad’s Senior Renewables Analyst Dave Dixon said.
Australia labelled world’s ‘most volatile’ electricity market
Australia’s power market is experiencing the most pricing fluctuations of anywhere in the world, according to research from Rystad Energy. This volatility is a result of unplanned coal plant outages, natural disasters impacting transmission lines, and high solar penetration pushing down midday prices.
Rystad forecasts 150 GW of new solar in 2023
Rystad Energy believes China could be on track for another record year in 2023, with expectations for more than 150 GW of new PV capacity. The Norwegian consultancy says the country could also potentially install 165 GW in 2024 and 170 GW in 2025.
Battery capacity overtakes pumped hydro in NEM
The energisation of two new battery projects totalling a combined 150 MW has seen the charging capacity from grid-scale battery energy storage systems surpass that of pumped hydro in Australia’s national grid.
European warehouses store 40 GW of unsold solar panels
Rystad Energy says that about €7 billion ($7.8 billion) of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
Solcast sheds light on utility PV performances across Australia
Observations shared by solar data and forecasting provider Solcast have shed new light on the impressive performances of New South Wales solar farms which dominated the utility PV generation performance rankings last month.
Global hydrogen pipeline projects to surge by 2035, says Rystad
Norwegian consultancy Rystad Energy says that hydrogen pipelines will be “far better” than vessels at moving hydrogen over short- and medium-range distances in the years ahead.
Utility-scale solar powered February, NSW crowned top renewable generator
Australia’s utility-scale solar sector had its third highest month on record in February, generating 1,463 GWh. New South Wales was the country’s top generator, showing the state’s colossal coal turnaround is well underway.
Australia posts near-record period for utility PV generation
Australia’s large-scale solar farms generated a near-record 1,463 GWh of clean energy during the month of January, just shy of the 1,509 GWh produced in December, according to the latest data from international consultancy firm Rystad Energy.
Merredin Solar Farm scores repeat in PV performance rankings
Indonesian PV developer SUN Energy’s 100 MW Merredin Solar Farm in Western Australia has topped international consultancy firm Rystad Energy’s list of Australia’s best performing large-scale solar assets for the second consecutive year.
