AEMO: System dominated by flagship renewable duo is technically possible within five years if country acts to redesign energy market along principles of flexibility and security.
Rystad predicts 1GWac-plus of solar could struggle to hit financial close as US$-AU$ gap widens, while RepuTex consultants say larger green energy ventures will weather era of low power prices.
Green energy reps hail Northern Territory's new renewable grants and feed-in tariffs and Western Australia's roll-out of community batteries set to store solar for entire neighbourhoods.
‘Market has evaporated’, says CEO of construction giant Downer after announcing group behind some of the country’s largest PV projects will no longer take on new solar contracts.
Construction is already underway for 120MW project near Wandoan, marking utility-scale global debut for oil and gas major already active in the country after M&A flurry last year.
Mining giant Fortescue will mix solar (150MW), gas (150MW) with “large-scale” storage battery at hub in Western Australia, adding to 60MW first solar stage announced last year.
Current pipeline lies at such advanced stages that 3.6GWac of PV and wind could be commissioned nation-wide after 2019’s market lows, say Rystad Energy consultants.
SunWiz’s findings of a ‘boom’ 2019 for sub-100kW PV bring rare piece of good green news to country, reeling after weeks of deadly blazes and bitter rows over climate policies.
The acquisition follows Shell's purchase of Aussie electricity retailer ERM Power in late November and is part of the oil major's drive to establish a "one-stop energy shop" down under.
