Clean Energy Regulator says that Australia will meet its 2020 target on renewable energy

May 12, 2018 - By Adrian Mccoy

Clean Energy Regulator says that Australia will meet its 2020 target on renewable energy

Clean Energy Regulator says that Australia will meet its 2020 target on renewable energy

Clean Energy Regulator or CER confirms that there are more than enough projects that have been completed or will be completed in the nearest future to meet the goal of 2020 RET in Australia.

Industrial and commercial solar power systems are rising in numbers. They apply for accreditation. They claim they are from 100 kW to 1MW.

This year 130 MW of the projects apply for accreditation.

RET rose to the 150 MW and over. New energy projects offer 6 553 MW in capacity. They are in the active construction for now. Some of them are already built. This number exceeds required 6 400 MW that was planned to meet in 2020 RET.

Another 1 454 MW that is still have to pass agreement, will probably be financed by government and will be under construction at the end of the year or at the beginning of the next one.

Big sized energy storage batteries win more popularity in the country day after day. Battery made by Tesla is currently installing in the Solar Farm of Gannawarra, Victoria.

These systems are on the high demand right now. Analysts believe there will be another boom of these systems of solar power, and it will help RET to be achieved possible a year earlier.

Experts believe there will be new demand of the large-scale generation certificates. Solar plants are expected to create 24 million LGCs this year.

There are 2 600 MW which will have to be accredited in 2018.

 

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