Longi, Aiko Solar, TCL Zhonghuan, Tongwei to post H1 losses
Longi says it expects a net loss of CNY 4.8 billion ($980 million) for the first half of 2024, while Tongwei is bracing for a CNY 3 billion loss. Aiko Solar and TCL Zhonghuan, meanwhile, are predicting losses of CNY 2.9 billion and CNY 1.4 billion, respectively.
Queensland gas-fired ammonia plant to switch to $28 million of renewables
A $28 million hybrid renewable energy system comprising solar and battery energy storage is to replace gas-fired generation at the Incitec Pivot Fertilisers plant in Queensland aided by the Australian government’s Powering the Regions Fund.
South Australian solar and BESS development gets green light to proceed
South Australian-headquartered solar farm developer Green Gold Energy has received development approval for its Morgan 110 MW solar and 91.7 MWh battery energy storage system, northeast of Adelaide.
Bifacial PV, single-axis tracking produces cheapest electricity, says IEA-PVPS
The IEA Photovoltaic Power Systems Programme’s (IEA-PVPS) latest factsheet covers bifacial PV modules and advanced tracking systems. It says a combination of bifacial modules with single-axis tracking could increase energy output by up to 35%.
GoodWe unveils double-glass TOPCon bifacial solar modules
GoodWe has developed new double-glass tunnel oxide passivated contact (TOPCon) bifacial solar modules for its Polaris series, available in 530 W and 580 W variants.
Renewables deal inked to unlock 1.4 GW of projects and storage in South Australia
The Australian government will underwrite developers to build a minimum of 1.4 GW of new solar and wind projects and storage capacity in South Australia, as part of a new deal signed with the state.
Queensland breaks ground on $5bn CopperString project
The Queensland government has broken ground on the $5 billion CopperString transmission line project that is to stretch across the state’s north, connecting the region to the national grid and helping to unlock an estimated 6 GW of renewable energy resources.
Beon secures EPC contract for solar and battery project
Beon Energy Solutions has been appointed the engineering, procurement, and construction contractor for the $190 million Quorn Park solar and battery hybrid project being developed by Enel Green Power near Parkes in western New South Wales.
WoodMac predicts 3.8 TW of new solar by 2033
Wood Mackenzie says that solar will account for 59% of new renewables between 2024 and 2033. China is expected to drive the growth, accounting for half of new solar deployment over the projected time period.
Horizon report reveals learnings from solar and hydrogen microgrid project
The development of a custom control program that allows for the autonomous management of the sub-systems that make up a hybrid solar and green hydrogen microgrid helping to power the Western Australian town of Denham is among the key lessons outlined in a new report released by the state government.
