‘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.
Stark warning from watchdog AEMC piles new spotlight on dangers posed by country’s embattled grid, with major investor groups lobbying against revenue-crippling power loss calculations.
Distribution networks and awareness campaigns help spur US$259m-a-year market of off-grid PV lighting, making a leader of a country where only 13% enjoy grid access.
Victoria government urged to lift monthly cap on solar rebates after reports that August’s 3,000-plus quota became fully subscribed two hours after release.
Edify Energy, First Solar among firms chosen by ‘Renewables 400’ scheme, with plans now for government-owned corporation CleanCo to process bids as they come forward.
