Australia aims to become world li-ion battery manufacturing powerhouse

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.

CSIRO-hosted Global Carbon Project points to crucial PV role

The growth in global energy demand is surging ahead of decarbonisation, concludes a new report released Thursday, but the opportunity is promising for solar PV to grow into the space and help reduce the emissions burden.

Rooftop PV passes two million mark

The number of Australian homes with solar PV systems installed on their rooftops has passed a two million milestone, show Clean Energy Regulator data. With an average of six panels installed a minute, the uptake shows no signs of subsiding.

PV Info Link expects solar demand to reach 112 GW in 2019

That would mean a market increase of around 25% on this year. Demand is predicted to become particularly strong in the second half of the year. Australia is forecast to see lower demand than usual in the first quarter, but also be among 16 nations worldwide that will add over 1 GW of solar capacity in 2019.

50% RE target by 2030 is not too ambitious, but too low

If maintained, Australia’s current rate of installs would deliver 78% renewables by 2030, find Green Energy Markets in its latest edition of RE Index. The 50% renewables target proposed by the the Federal Labor Party and several state Labor governments would thus deliver a sharp market decline, with installations falling to a third of recent rates and workforce shrinking by three quarters.

sonnen begins battery production in South Australia

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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Solar, wind cheapest source of new generation in major economies – BNEF

Solar and/or wind are said to be the cheapest source of new energy generation in all major economies, apart from Japan, finds BloombergNEF. It adds that China’s utility-scale PV market has contracted by over a third this year; and that battery costs are set to drop a further 66% by 2030, driven by EV adoption.

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AEMO well-prepared for summer, renewables to help manage peak periods

As 2.1 GW of new capacity – mostly wind, solar and storage – has come online in the previous year, AEMO has sourced much less additional reserves than last year to manage potential high risk scenarios that typically occur in summer. Over the next two years, the market operator expects 6 GW of new wind and solar capacity to be connected to the grid, which will alleviate the short-term risk of involuntary load shedding during summer peak periods.

IEEFA Australia: Thermal coal export sunset looming closer

Coal miner Glencore is failing investors in its latest forecasts.

AEMO: Record quarter for renewables as large-scale solar floods electricity market

The amount of large-scale solar capacity that commenced generation during the third quarter of 2018 was higher than the NEM’s entire large-scale solar capacity at the start of the year, reports the Australian Energy Market Operator (AEMO). In other news, Western Australia has pass the 1 GW solar milestone, while South Australia has seen record levels of curtailment.

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