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Finance

Polysilicon price relief in 2023 as industry scales to 500 GW

Clean Energy Associates says solar wafer pricing will fall by 23% by the end of 2023, while BloombergNEF sees 500 GW of manufacturing capacity online by the end of next year.

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Wollongong university green hydrogen breakthrough team awarded grant for cell extracting hydrogen in methane

The University of Wollongong professor behind the capillary-fed electrolyser breakthrough now being commercialised by Hysata has received grant funding to develop a cell for extracting pure hydrogen from methane mixtures.

Polysilicon price reaches new high at $66/kg, government takes action

Average polysilicon prices hit CNY 312 (AU$65.8)/kg this week, according to an industry association in China. The nation’s Ministry of Industry and Information Technology, the State Administration for Market Regulation, and the National Energy Administration have also asked regional authorities to take action to deal with the price increase.

CEFC points to ‘critical’ infrastructure as part of investment strategy

Australia’s Clean Energy Finance Corporation has identified transmission and grid infrastructure as a key focus as it looks to build upon more than $10 billion of clean energy commitments in its first decade of investments.

New Zealand hydrogen R&D blossoms with German backing

New Zealand and Germany have partnered up to provide NZ$2 million (AU$1.8m) each to three green hydrogen research projects, including one to develop more efficient anion exchange membrane electrolysers which promise to be cheaper and more sustainable to manufacture.

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New Energy Solar to wind up after sale of US assets

Australian solar energy investor New Energy Solar is to be wound up after the company reached an agreement to sell its entire portfolio of 14 solar farms in the United States in a deal worth $352 million.

Solar Philippines to build 4 GW solar farm in Nueva Ecija, Bulacan provinces

Solar Philippines, a Manila-based PV module manufacturer and project developer, is looking to secure at least 2,500 hectares of land to expand its 500 MW flagship solar project to 4 GW.

ACEN’s $100 million funding deal boosts 20 GW portfolio plans

The Australian arm of Philippines-based energy company AC Energy has secured a $100 million loan facility which will be used to accelerate the development of clean energy projects in Australia with the company seeking to grow its renewables capacity to 20 GW by 2030.

Ratch ups Asia Pacific renewables ambitions with 2.7 GW purchase

Thailand’s Ratch Group has boosted its renewable energy ambitions in Australia and south-east Asia with the purchase of Singapore-based renewable energy company Nexif Energy’s pipeline of nearly 2.7 GW of wind, solar and storage assets in a deal valued at more than $870 million ($US605 million).

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Record solar investment keeping Chinese economy afloat

Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF.

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