Highlights

Global solar developer Lightsource bp is reportedly testing buyer interest in five Australian projects, hiring Macquarie Capital to run early-stage market soundings on the deal which could potentially be worth around $1 billion (USD 670 million).

The Brookfield-led North American consortium courting Origin Energy has finally come back with a revised bid for the company, valued at roughly $18.2 billion (USD 12.5 billion). The offer is only fractionally lower than the initial bid, which came as a relief for the market, and has been endorsed by Origin’s board.

UNSW Sydney researchers have developed an algorithm to enhance images of PEM fuel cells, meanwhile South Korean researchers have revealed a scalable production method for platinum-based fuel cell catalysts. Germany has moved forward on its hydrogen strategy by signing agreements with Australia, Belgium, and the Netherlands.

China’s Longi claims that its new ALK Hi1 electrolyser can produce hydrogen with an energy content of 4.3 kWh per normal cubic meter. It says the levelised cost of hydrogen could be up to 2.2% lower than other electrolysers on the market.

The European Commission has presented the final version of its new rules for green hydrogen, with looser requirements to qualify hydrogen as “green.”

Australia’s large-scale solar farms generated a near-record 1,463 GWh of clean energy during the month of January, just shy of the 1,509 GWh produced in December, according to the latest data from international consultancy firm Rystad Energy.

The prestigious Queen Elizabeth Prize for Engineering has this year been awarded to the University of New South Wales’ Professor Martin Green, Dr Aihua Wang and Dr Jianhua Zhao, as well as the Australian National University’s Professor Andrew Blakers, for their research work and development of PERC solar technology.

Large-scale wind and solar farm investment commitments grew nearly 50% in 2022, according to new data published by the Clean Energy Regulator.

CleanPeak Energy, who have until now specialised in the C&I segment, have acquired the 13 MW Mugga Lane Solar Park in Canberra. CleanPeak reportedly bought the solar farm for between $30 million (USD 21 million) and $40 million, after it was placed into voluntary administration following a loan dispute.

Last year was a tricky one for solar, with each segment from residential to commercial to utility behaving quite differently. The industry trends have been laid out in Sunwiz’s latest Australian PV Report and pv magazine Australia takes a dive into what happened and what there is to learn.