Rooftop solar PV installation rates in Australia are breaking all previous records. March saw the highest number of rooftop systems ever installed in the country, worth a capacity of some 127 MW.
Analysis from Rystad Energy has revealed that sub-AU$60/MWh utility-scale solar projects could be viable in sunny parts of Australia today. The highly competitive EPC landscape has been identified as the major driver of the improving PV power plant economics although, as always, cost of capital remains key.
Testing from TÜV Rheinland has revealed that PV inverters and battery storage systems are vulnerable to hacking. By changing system parameters, a hacker could potentially cause a battery system to corrode, “making it like a ‘bomb’.”
5,056 MW of large scale solar and wind are currently being built in Australia. The latest figures from Green Energy Markets shows that the total passed the 5 GW milestone for the first time in February.
German energy storage provider Younicos is introducing C&I battery storage systems on a rental basis. The company says service is ideal for offgrid industries such as the mining sector.
Oil and gas giants Total and BP are entering the Australian large-scale solar segment. Rystad SERA made the observation in its latest report.
February rooftop solar installations exceeded 115 MW, well above the less-than 80 MW installed in the same month 2017 – itself a record-breaking solar year in Australia. Green Energy Markets’ latest STC figures reveal the “extraordinary” installation rates.
It’s official: 2017 was a record year for rooftop PV in Australia. The Clean Energy Regulator announced today that over 1070 MW of small-scale solar was installed by Australian homeowners and businesses in 2017 – representing 41% growth over 2016.
The Australian unit of New-Zealand based Meridian Energy is dropping the rates 5% for its customers in the Australian state of Victoria, as it adds “a diverse set of renewable generation” to its portfolio.
Singapore-based solar developer Sunseap will develop 60 MW of rooftop PV across “hundreds of rooftops” on the island-state, to supply Microsoft with solar energy. The companies claim the project will be the largest cumulative solar project in Singapore, alongside being the largest of its kind to supply clean energy to a datacentre in the country.