SunEdison/Terraform Power Complete Wind Acquisition
SunEdison, Inc. (NYSE: SUNE), and TerraForm Power, Inc. (NASDAQ: TERP), have announced completion of the acquisition of Atlantic Power’s 521-megawatt portfolio of operating wind farms. The wind farms, located in Idaho and Oklahoma, are contracted under long term power purchase agreements (PPAs) with a weighted-average remaining life of approximately 18 years. Along with the closing […]
$100 A Kilowatt Hour Lithium Battery Soon?
Cambridge, Massachusetts company 24M has declared its semi-solid lithium battery technology is the most significant change to Li-ion in two decades. The company says its battery cell design combined with manufacturing innovations will slash today’s lithium-ion costs by half while providing enhanced battery performance. “The lithium-ion battery is a brilliant, enabling technology, but its economics […]
AEMO On Australian Residential Battery Storage
The Australian Energy Market Operator’s (AEMO) Emerging Technologies Information Paper forecasts battery storage uptake in Australia to 2035. While acknowledging it had limited data to work with, the AEMO sees battery storage to be particularly popular in New South Wales and Victoria. “Victoria currently has a time-of-use tariff structure that incentivises the uptake of battery […]
SA Solar Charges Rejected By Australian Energy Regulator
Current and future solar households in South Australia will be rejoicing after a move by SA Power Networks to penalise solar owners was rejected by the Australian Energy Regulator (AER). Last month, SA Power Networks submitted a proposal for the South Australian electricity distribution network that included a “Solar Tariff”. The company had sought to […]
A Solar Powered Internet Of Things
A new highly-efficient microchip capable of converting 80 per cent of the energy it receives from a tiny solar cell could have dramatic effects on the future of interconnected wireless technology. The so-called Internet of Things (IoT) will be powered by tiny embedded sensors streaming information from machinery, automobiles and household appliances to networked servers. […]
SunEdison & Green Charge Networks Partner On Solar + Storage
SunEdison, Inc. (NYSE: SUNE) has announced a partnership with Green Charge Networks to deliver solar plus energy storage systems to Silicon Valley Power and other commercial and municipal customers throughout California. Electricity bills for commercial and municipal customers in California often have energy and demand charges – with demand charges accounting for as much as […]
37GW Small Scale PV, 33GW Battery Storage For Australia By 2040
A report from Bloomberg New Energy Finance forecasts a $2.2 trillion global boom in small-scale solar to 2040 – and in Australia, a massive amount of battery storage will be installed. According to the New Energy Outlook 2015, ongoing reductions in solar PV costs will see a USD $3.7 trillion surge in investment in large […]
Incorporating Energy Storage In Solar Cells
University of California, Los Angeles (UCLA) chemists are redesigning the atomic building blocks of organic solar cells to mimic nature – or more specifically, the way plants produce and store energy through photosynthesis. According to the UCLA team, the materials used in current rooftop solar systems can only store energy from the sun for microseconds, […]
Australia’s First Battery Energy Storage Incentive Launched
Adelaide City businesses, residents, schools and community groups have been offered up to $5,000 for installing battery energy storage and up to $5,000 to install solar panels; plus other energy related incentives. Part of an expanded Sustainable City Incentives Scheme endorsed by Adelaide City Council, the initiative aims to boost investment in solar PV with […]
Revised Renewable Energy Target Legislation Passes
Legislation for a watered-down Renewable Energy Target (RET) was passed last night, ending nearly one and a half years of uncertainty for the Australian renewables sector. The RET has now been officially slashed from 41,000 GWh to 33,000 GWh by 2020. However, Australia’s Clean Energy Council says major renewable projects would now pick up pace; […]
