Grids

Australia’s Clean Energy Council (CEC) has issued a stark warning over an apparent collapse in new investments into renewable energy projects.

The Goyder South project mixing wind (1.2GW), solar (600MW) and batteries (800MW) is the latest of a deluge of enormous solar-plus-storage schemes proposed in the sunny island state.

Acciona, Canadian Solar, Enel and Trina Solar among 27 firms competing for contracts under clean energy tender, scheduled in October after months of delay.

Scheme is part of global series by UK-headquartered firm, including Canadian-funded 700MW-plus pipeline worldwide and 1.9GW push in Brazil.

Less red tape could bring about revival of cost-competitive PV without government incentives, Italia Solare event hears days ahead of launch of new subsidy programme.

New review finds renewables capacity investment in 2018 outstripped funding to new fossil fuels three-fold, with solar dominating roll-out charts.

ADB: Competitive tariff for 100MW solar project northwest of Phnom Penh heralds "new era" of auctions for Southeast Asian renewables.

The new plants will contribute to Iberdrola's rapid expansion across the Iberian peninsula, after the firm secured 149MW of new Portuguese projects last month.

Calls for new rules coincide with news that Australia is guaranteed to meet its 2020 target for large-scale renewables generation thanks to progress in recent years.

According to local news reports, construction of the US$150 million, 40,000-panel project will start in 2021.