Chinese tracker supplier Arctech Solar has topped the rankings in the Asia Pacific region and risen to fourth in global PV market share among tracker suppliers in 2018 – on the back of its Australian project wins. Arctech noted the achievement today, pointing to Wood Mackenzie Power and Renewables’ 2019 tracker market report.
Solar could meet approximately 68% of global energy demand with other renewables making up the rest, according to a new report. A 100% renewable energy system could also create 22 million solar jobs by 2050, the study claims. Keeping global warming below 1.5 degrees C, though, would require FITs for projects up to 40 MW in capacity, auctions for bigger systems, removing fossil fuel and nuclear subsidies and providing more education and R&D and less red tape.
Significant progress has been reported on the feasibility study which aims to progress the establishment of a 15 GWh lithium-ion battery factory in Townsville. The study is conducted by the Imperium3 Townsville consortium.
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
The U.S.-based tracker manufacturer has been chosen to supply its DuraTrack HZ v3 solar trackers to one of Australia’s largest PV projects – the 333 MW DC (275 MW AC) solar farm at Darlington Point, NSW.
The federal government has launched a strategy seeking investment to unlock Australia’s potential in lithium-ion battery manufacturing. Noting that the nation’s mineral reserves cover 90% of the elements required in li-ion battery chemistry, the new Austrade report underlines that Australia is well-positioned to become a world leader in this fast growing market.
The German energy storage provider has begun assembling batteries at the former Holden site at Elizabeth in Adelaide’s north. The company has already hired 50 full-time employees.
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