According to a new report from NPD Solarbuzz, solar PV projects ranging in size from 250 kilowatts (kW) to 5 megawatts (MW) now account for almost half of the 4,300 projects currently under construction across leading PV countries. The latest NPD Solarbuzz Global Deal Tracker report details the collective downstream project activity … [continued]
Originally published on RenewEconomy. One of the most misunderstood aspects of the solar PV phenomenon over the past 5 years is the idea that it has been that it has been driven entirely by surplus capacity from China, and little else. Defenders of fossil fuel generation will tell you that … [continued]
Originally published on RenewEconomy. By Sophie Vorrath. As Australia’s political leaders shift firmly into reverse on climate change, China and the US have jointly reaffirmed their commitment to contribute significantly to global efforts to meet the climate challenge. “In light of the overwhelming scientific consensus on climate change and its … [continued]
Originally published on RenewEconomy. By Sophie Vorrath. The South Australian government has given approval for the development of a $1.5 billion, 197 turbine wind farm on the Yorke Peninsula in the state’s west. Managed by Senvion Australia for the Suzlon Group, the 600MW Ceres Project – which would be the … [continued]
Originally published on RenewEconomy. A year or two before its demise, Holden was offered the opportunity to throw in a small amount of money to try and help the development of an electric Commodore. The sum requested was minor, but refused. In retrospect, the request was possibly a little like … [continued]
Originally published on RenewEconomy. Leading investment bank Citigroup says Australian utilities will be impacted by the ‘energy Darwinism” that is currently sweeping the global electricity industries. And despite the opportunities that the transformation offers, incumbency is not likely to be an advantage and Australian utilities have a high risk that they … [continued]
Originally published on RenewEconomy. Macquarie Group, Australia’s biggest investment bank, has entered the solar financing market in Australia, in what is likely to be a significant lift for the rooftop and commercial solar industry. The interest in solar finance was revealed by Macquarie CEO Nicholas Moore in the group’s operational … [continued]
Originally published on RenewEconomy. The Australian solar industry is preparing for what it calls a “David and Goliath” battle against the country’s biggest generators and network operators. The outcome will likely decide the immediate fate of rooftop solar in Australia, and the pace of the so-called “democratisation of energy” – … [continued]
Originally published on RenewEconomy. Here’s another interesting graph showing the growing impact of rooftop solar PV in Australia. In South Australia, the state with the highest penetration of rooftop solar in the country, rooftop solar PV probably contributed more than 20 per cent of the state’s demand between the hours … [continued]
Originally published on RenewEconomy. Australia’s energy utilities have added a new element to their push for solar incentive schemes to be removed, arguing that gas networks now face the same threat as the nation’s network of poles and wires – a “death spiral” scenario where rising costs push consumers to … [continued]
