The South Australian Labor Party has increased its Renewable Energy Target (RET) to 75% by 2025. It also plans to introduce a target of meeting 25% of the state’s peak electricity demand with stored renewables – equating to 750 MW of storage capacity.
Germany’s innogy is set to acquire the Limondale and Hilston utility-scale solar projects in Australia’s New South Wales from developer Overland Sun Farming. The two projects have a combined capacity of over 460 MW.
South Australia could play host to the world’s largest deployment of residential solar+storage in the form of a virtual power plant. The scheme, announced by SA Premier Jay Weatherill on the election campaign trail, could see 250 MW of rooftop PV and 650 MWh of battery storage added to 50,000 homes over 4.5 years.
Chinese module maker and project developer Canadian Solar has acquired a 51% stake in project pipeline of five utility scale solar farms in New South Wales. The projects, which are at an early stage, were initiated by Netherlands-based Photon Energy NV.
Two weeks ago, the 8th World Future Energy Summit opened its doors in Abu Dhabi. The conference and trade show comprised six co-located events across the cleantech spectrum, and attracted over 33,000 visitors across four days. The rapid increase in the scale of activity within the solar sector in the region was on display throughout the show. Here are three key takeaways from WFES 2018.
All forms of renewable energy will be cost competitive with traditional generation sources by 2020. This was one of the key findings in the latest report from the International Renewable Energy Agency (IRENA). It was delivered yesterday at IRENA’s 8th annual Assembly in Abu Dhabi.
The rapid build out of a large pipeline of utility scale PV projects around Australia could stretch the experienced installation labour force, threatening quality. Solar industry veteran and the Managing Director of PI Berlin Lars Podlowski made the warning as the company expands into Australia through its acquisition of quality assurance provider SolarBuyer.
The Clean Energy Finance Corporation (CEFC) is continuing to foster utility scale PV growth in Queensland, providing $55 million in non-recourse project finance to the Oakey 2 Solar Farm. Canadian Solar will supply modules for the project and will also serve as EPC.
The 8th Quality Roundtable brought into sharp focus the challenges that Taiwan’s fast-growing solar market faces as it attempts to ramp up towards its 20 GW by 2025 PV goal. Typhoons, humidity and sea spray are just the beginning.