Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.
At the smarter E-Intersolar Europe trade show this week, awards have been given to the technologies driving the energy transition to a low carbon future. Prizes include the Intersolar Award, recognizing PV technology; the EES prize for storage innovation; and the smarter E awards – one of which was given to an off-grid agricultural project in Australia.
Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.
Australia is set to quadruple its utility-scale PV capacity with 2 GW pipeline. The effects are now beginning to show. So far just 0.1 MW are fully operational, but by July this is going to change.
ABB, ElectraNet and ARENA are coming together to deliver a microgrid and large scale battery storage solution to South Australia’s Yorke Peninsula. The commercial-deployment phase of the Energy Storage for Commercial Renewable Integration (ESCRI) project will strengthen the Electranet transmission system in the area, and will deliver increased resilience in the event of interstate connector failure.
Pioneering UNSW solar researcher Martin Green has received wide recognition for his achievement as being selected as one of the winners of 2018 Global Energy Prize. The prize has brought with it $820,000 towards Green’s research and teaching, and a congratulatory call from Prime Minister Malcolm Turnbull.
Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.
The Swiss investment manager and the Australian renewable energy developer stand ready to deliver a total of over 1.3 GW of solar, wind and battery projects across New South Wales within the next four years.
With 34 of the 38 key technologies needed to hit the Paris Agreement’s best-case scenario falling short, PV and electric vehicles are keeping hopes alive
The booming large scale and rooftop PV market in 2018 is providing reasons to be optimistic about the future of solar under the Australian sun. Reflecting on his six-year tenure as CEO at ARENA ahead of his departure in August, Ivor Frischknecht points to the role the agency played in bringing down the costs of large scale solar as ARENA’s greatest achievement.
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