Solar Credit Scheme Scraped

The Federal Government has today announced the scraping of the Solar Credits Multiplier from January 1, 2013.  The Solar Credits mechanism was introduced in 2009 to make solar more affordable for Australia’s homeowners and help build a fledgling industry.

Once again the Federal Government has fast tracked the reduction in the Solar Credit Multiplier by closing the scheme 6 months ahead of the already reduced schedule.  From January homeowners wishing to install Solar Power will have to find around $1000 extra to foot the bill for having solar installed.

The Solar Industry has to once again weather the storm of bad policy decisions made without industry consultation, companies ramping up employment & material purchases for the final push into 2013 have once again had the rug pulled out from under them.

More information can be found at The Clean Energy Regulator website

Big Solar is back in NSW

ARECA welcomes the announcement that AGL & First solar have secured a $129.7 million grant through the Federal Governments Solar Flagship Program to go towards their $450 million, 159MW solar farm at Nyngan & Broken Hill.  The NSW government has also committed to provide $64.9 million to the project.

When completed the project will generate enough electricity to power around 30,000 homes.

The Minister for Resources and Energy, Martin Ferguson AM MP, said the project represents excellent value for money and the opportunity to ensure Australia brings industrial-scale solar power to market.

“At the end of the day it all comes down to cost, and if large scale solar is going to succeed in Australia it has to be cost competitive.” Minister Ferguson said.

At half the cost of the original Solar Flagship proposal (Moree Solar Farm) this projects shows that Large Scale Solar is becoming cost competitive and will be the power of the future.

All short-listed PV projects applicants for the Solar Flagships funding, including Moree Solar Farm, TRUenergy and Infigen-Suntech, were assessed by the Solar Flagships Council and found to be of high merit. The projects will therefore be referred for funding consideration and decision by the new Australian Renewable Energy Agency (ARENA).

Tower Construction Completed on Worlds Largest Molten Salt Solar Tower Plant

SolarReserve, a U.S. developer of large-scale solar power projects, today announced completion of the 540 feet (164 metre) solar power tower for its 110 megawatt (MW) Crescent Dunes Solar Energy Plant located near Tonopah, Nevada. Utilizing the most advanced solar thermal technology worldwide, the Crescent Dunes Plant will be the nation’s first commercial-scale solar power facility with fully integrated energy storage and the largest power plant of its kind in the world.

“Completion of the solar power tower is a significant milestone not only for SolarReserve and our plant, but also for the solar energy industry as a whole. This project is on track to bring American innovation to fruition and is already creating jobs,” said Kevin Smith, CEO of SolarReserve. “Our U.S.-developed technology has the ability to store energy for 10-15 hours and solves the issue of intermittent power generation to the grid, the number one limitation to other solar and wind renewable energy technologies. We can deliver electricity ‘on demand’ the same way a coal, natural gas or nuclear fueled plant does – but without emitting any harmful pollution or hazardous materials – providing a genuine alternative to conventional power generation.”

Construction of the facility began in September of 2011 and currently has over 100 workers on site. More than 70 percent of the construction workers are local Nevadans and 80 percent of the subcontractors are Nevada-based, including union and non-union firms. Construction is expected to peak at more than 600 jobs on site during the 30-month construction period and is estimated to create more than 4,300 direct, indirect and induced jobs at companies throughout the U.S. that provide engineering, equipment supply and manufacturing, transportation and other value-added services. To date, orders for the project have been placed for equipment and services in more than 20 states.

The Crescent Dunes project will provide clean power to approximately 75,000 homes when complete.

Solar Flagships – a breath of air is still in their sails

ARECA welcomes the announcement today by The Minister for Resources and Energy, Martin Ferguson AM MP that the Solar Dawn solar thermal project in Queensland will be given until 30 June 2012 to reach financial close and will seek updated applications from the four shortlisted Round 1 Solar Flagship photovoltaic (PV) applicants, including from Moree Solar Farm after it, as the preferred Round 1 PV applicant, proposed major changes to its project.

Australia once again risks being left behind in the move to renewable energy as countries around the world install large scale solar, Solar Flagships is the start of Australia’s future into the large scale solar world, lets keep the wind in our sails and rise again to the forefront of solar as we once were.

Warning to flood victims on solar panels – NSW Fair Trading

NSW Fair Trading Commissioner Rod Stowe is warning flood victims with solar panel installations to stay well clear when returning to their premises.

Solar panels produce power during daylight hours even without the mains power from the street being turned on.  Power is available in the cables between the solar panels and the inverter during these times and Systems should be left turned off and inspected by suitably qualified personel prior to being turned back on.  If Solar main switches are operated after being water damaged there is the potential for arching and if left unchecked may lead to a fire.

Contact your system installer to get your system checked out.  If you can not contact the original installer you can contact ARECA at info@areca.org.au and we can locate a qualified system installer to complete your inspection.

Download NSW Fair Trading Media Release – Warning to Flood Victems on Solar Panels here

 

South Australian 2012 Determination of Solar Feed-in Tariff Premium

The Essential Services Commission of South Australia (ESCOSA) has released its Final Price Determination for the solar Feed-in Tariff (FiT) Premium to apply from 27 January 2012 – 30 June 2014.

The following mandatory minimum prices are effective immediately

Feed-in Tariff Premium (to paid on top of the feed-in tariff)
27 January 2012 to 30 June 2012 7.1c/kWh
1 July 2012 to 30 June 2013 9.8c/kWh
1 July 2013 to 30 June 2014 11.2c/kWh

This is different to what IPART are considering for NSW where the rates will not be mandatory

More Information can be found via the following links
Fact Sheet – South Australia’s Solar Feed-in Tariff Scheme
Determination of Solar Feed-in Tariff Premium 2012 – Final Price Determination
Solar Feed-in Tariff Supplementary Report – ACIL Tasman