The Australian Energy Market Operator plans to launch a world-first ‘connections simulator’ this year after completing pilot testing of the online tool that is designed to help fast-track the evaluation and approval process for new clean energy grid connections.
West Australian smart solar glass developer ClearVue has made the move into the residential housing market, securing its first order to supply its power-generating solar PV windows for a luxury residence being constructed in the Australian Capital Territory.
University of New South Wales researchers have teamed up with Tindo Solar to develop a line of semi-transparent modules, specialised for agrivoltaic cropping, which will use nanoparticles tuned to capture different parts of the light spectrum. “There is evidence you don’t need the full spectrum and some plants will work even better if you provide them with only part of the spectrum,” project lead and UNSW Associate Professor Ziv Hameiri tells pv magazine Australia. Crucially, he says, the project will also open a line between farmers, solar researchers and industry, creating the potential for mutual benefits.
In a big week for Shell, the oil major has announced two joint ventures: the first of which involves the development of one of Australia’s largest batteries at 500 MW / 1,000 MWh alongside partner Ampyr Australia. The second involves the acquisition of a hybrid wind, solar and battery project in Western Australia with the UK’s Foresight Group.
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
World-beating Australian solar technology company SunDrive has completed a new $21 million (USD 13 million) funding round which will help commercialise its revolutionary solar cell technology that replaces silver with copper to improve solar panel efficiency and reduce costs.
Australia-based energy investment manager Quinbrook Infrastructure Partners has sold a 49% stake in a massive $1.9 million (USD 1.2 billion) solar PV and battery energy storage project being developed in the United States to a Dutch pension asset manager.
A German startup backed by major European entrepreneurs and brands this week began the first of many strategic acquisitions in Australia, seeking to create a cross-country network and become a ‘one stop shop’ for renewable technologies with a major marketshare. Chris Williams, the founder of Natural Solar and now the CEO of 1komma5’s APAC arm, told pv magazine Australia the goal is to become the “Apple store of energy” – an opportunity he believes is well within reach given the institutional capital and scale behind the German outfit.
On the back of recent capital investment from a Canadian pension fund, NovaSource Power Services has made its first big move in the Australian market with the acquisition of First Solar’s 500 MW of operations and maintenance assets.
Australian company Vast Solar’s plans to expand into the rapidly growing North American renewable energy market have received a multi-million dollar boost after the United States government announced more than $38 million (USD 24 million) in grants to advance the development of concentrated solar thermal power technologies.
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