The Queensland government is adding a further $210 million in pursuit of establishing a battery production industry in the state. The sum brings the total committed to its Battery Industry Strategy to $570 million.
The accelerating deployment of large-scale energy storage is one factor behind the tailwinds forming for large scale solar. Rystad Energy senior analyst David Dixon said that with gigawatts of big batteries under construction, the flexible load will create demand for solar during peak PV production periods.
PV manufacturing analysis is revealing that module prices can not “sustainably” fall significantly in 2024, without producers selling below cost. UK-based analysts Exawatt delivered the development last week, in a trend being observed by Australian market participants.
Korean solar module maker Qcells informed its local team this week that its Australian subsidiary will be closed. The decision reflects on the highly competitive Australian solar marketplace and the company’s strategic decision to focus on the United States, Europe, and its home market of Korea.
The Miles government in Queensland introduced legislation to state parliament today to formalize its emissions reduction target. The move takes the form of the Clean Economy Jobs Bill, which the state’s energy minister says will help create 100,000 new jobs.
The QLD Battery Booster program opened today to applicants. The rebate program will provide grants of up to $4,000 for a residential battery system. The $24 million (USD15.75 million) program is limited and will accept applications until the funding is exhausted.
A little over one week ago, a collection of anti-renewable energy protesters rolled into Canberra, calling for a slowdown – if not halt – in renewable energy development. Attendees to the Rally Against Reckless Renewables also conveyed messages on vaccines and the World Health Organisation, the “Great Reset”, the United Nations, and other conspiracy minded themes.
The first report from the Clean Energy Regulator’s new solar module testing program have been released, revealing that most modules were “generally found to be of good quality.” Slightly over 10% of the modules tested failed electroluminescent (EL) testing as a result of either manufacturing or handling and transportation damage.
Climate Change and Energy Minister Chris Bowen has accused the Liberal and National parties of fomenting community opposition to renewable energy development, in a webinar hosted by Smart Energy Council today. Bowen warned the “fight isn’t over the and stakes are very high,” at the next election for Australia’s energy transition.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.