Rystad forecasts 150 GW of new solar in 2023
Rystad Energy believes China could be on track for another record year in 2023, with expectations for more than 150 GW of new PV capacity. The Norwegian consultancy says the country could also potentially install 165 GW in 2024 and 170 GW in 2025.
AEMC proposes raising price caps to ensure market reliability over energy transition
The Australian Energy Market Commission (AEMC) has proposed increasing price caps on the country’s main electricity market. This is meant to allow investors to respond to fill gaps created by ageing coal generation.
Substantial increase in solar fires caused by DC isolators recorded in state data
Data shows a sharp increase in the number of fires caused by the DC isolators that separate the grid from solar panels. ABC News gathered state-by-state data revealing a dramatic increase in fire incidents in the last 12 months.
1 GW North Queensland hydrogen project gains a new international partner
Japanese company IHI Corporation, which specialises in green ammonia technology to decarbonise industry, has joined the consortium of companies developing the green hydrogen hub HyNQ – North Queensland Clean Energy Project.
Australia’s large-scale segment stagnates
The figures for large-scale certificates registrations across most of Australia this year are dismal, despite the nation adopting a far brighter policy landscape. “There’s a very large discrepancy between rhetoric and what’s actually occurring,” Sunwiz managing director Warwick Johnston tells pv magazine.
Philippines to build new 100 MW floating solar power farm
Zonal Renewables plans to construct a new 100 MW floating solar project on a 90-hectare fishpond in the Philippines, in Cadiz, Negros Occidental province.
Adding rooftop solar to social housing tenants brings equality, savings
Modelling from UNSW and the Australian PV Institute has found governments investing in rooftop solar for state-owned and NGO-owned social housing would save low-income tenants money, deliver returns within just a handful of years, and support the grid with new generation.
Malaysian oil-backed company targets up to 8 GW in Australia, latest international player to invest multi-billions
Gentari, a subsidiary of Malaysian state-owned oil company Petronas, plans to build between 5 GW to 8 GW of solar, wind and battery projects in Australia by 2030. The ambition follows its acquisition and rebranding of Wirsol Energy, which marked the Malaysian company’s entry into the Australian renewable energy market.
REC launches 470 W heterojunction solar panel with 22.6% efficiency
REC has developed a new series of heterojunction solar panels with efficiencies up to 22.6% and an operating temperature coefficient of -0.24% per degree Celsius.
Thermal storage company approved to build renewable and agriculture precinct in central NSW
Australian thermal storage company, Graphite Energy, has received development approval for a $29 million (USD 18.6 million) sustainable energy precinct in Lake Cargelligo, in the mid-west of New South Wales.
