SunPower (SPWRA) has announced it has put the finishing touches on what is the first solar tracking system in Australia. The 505kW installation for government owned Horizon Power provides power to remote and regional area in Western Australia. The solar system uses SunPower ground mounted solar tracking technology increasing efficiency by following the movement of the sun. The hybrid solar-diesel power stations will produce up to 90% of the daily electricity needs.
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Trina Solar (TSL) will be the supplier of solar modules for a 1.2MW solar system at the University of Queensland in Brisbane, Australia. The roof top systems will be developed by Ingenero and mounted across four buildings at the University. The local government is contributing AUD1.5 million to the project.
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Ocean Power Technologies (OPTT) has just released big news yet again and the stock is soaring another 30%. The company has a received a $66.5 million grant from the Australian government to build a 19MW wave energy project off the coast of Victoria. Over 30 applications were submitted to the government and just four were approved, including the OPTT project. It’s the only wave energy project approved so big news for Ocean Power. They will … Read the rest
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