A German startup led by European heavyweights and backed by major institutional capital continues its aggressive acquisitions strategy in Australia, taking a majority stake in Solaray Energy – its second major APAC buy following Natural Solar. Company 1Komma5 is seeking to consolidate Australia’s residential solar sector to become the largest provider of home renewable technologies, devoting $100 million (USD 70m) to “strategically” acquire a number of businesses here within the year.
An international consortium led by Italy’s Eurac Research launched the Symbiosyst project to adapt PV modules, mounting structures, and maintenance technologies to the needs of various crops in agrivoltaic installations in different climates.
Hanwha Qcells has launched the latest generation of its Q.MAXX solar panel series for the Australian residential market, stating the power class has been increased by up to 15 Wp compared to previous iterations.
Two of Australia’s richest people are expected to be rivals in the bidding process for Sun Cable, the developer of what would be the world’s biggest intercontinental solar and energy storage project, with administrators indicating the sale process could be completed within three months.
Indonesian PV developer SUN Energy’s 100 MW Merredin Solar Farm in Western Australia has topped international consultancy firm Rystad Energy’s list of Australia’s best performing large-scale solar assets for the second consecutive year.
Amp Energy has agreed to set up a 200 MW wind-solar plant on a build-own-operate basis. It will sell the generated electricity to Solar Energy Corp. of India.
In the last years, warranties on solar panels have ballooned up to 40 years, but far from inspiring trust, these documents can end up eroding it. Described as a “hand grenade,” some installers claim manufacturers’ unrealistic installation manuals and poor claiming processes leave them in the lurch when equipment breaks. “I think its the biggest threat to the longevity of my business,” Mark Cavanagh, owner of Queensland-based MC Electrical tells pv magazine Australia.
French energy giant TotalEnergies studied the impact of solar panels on crops in order to develop a repository of agronomic benefits. The initial results show an increase in agricultural yields on field crops and a reduction in water stress.
India installed 13,956 MW of solar between January and December 2022. This included 11.3 GW of utility-scale PV, about 1.9 GW of rooftop solar, and nearly 700 MW of off-grid/distributed capacity.
Energy management software company SwitchDin will share lessons learned during Australia’s ongoing transition to a two-way power grid with counterparts in the United States after teaming with a coalition of companies to scale up the use of virtual power plants.
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