Markets

GoodWe plans to bring a range of building integrated photovoltaics (BIPV) products to Australia, announcing a partnership with specialist Umax Energy. The manufacturer this month released the details of its lightweight new panel, and plans to introduce an integrated solar roof tile to the Australian market.

Copenhagen Infrastructure Partners (CIP) has announced plans to develop an $30 billion (USD 19,95 billion) green hydrogen production hub on South Australia’s Eyre Peninsula, while a new research study shows the feasibility of gas-to-hydrogen pipeline conversion in Western Australia.

Enphase Energy’s latest IQ home battery energy storage system is set to land in Australia in July, making it the first region outside the company’s home US market to see the system. The batteries feature triple the peak power and double the continuous power of the previous model.

Victoria’s newly released state budget includes $1 billion (USD 670 million) for the resurrected government energy outfit, the State Electricity Commission, almost $200 million for clean energy education, as well as funding to streamline critical minerals projects and to install 100 new neighbourhood batteries.

Maxeon Solar Technologies, the producer of the Maxeon and SunPower solar module brands, is raising capital from a USD 157.4 million ($237 million) underwriting of shares and a separate USD 42 million ($63 million) private placement with TCL Zhonghuan.

The Energy Security Board has been scrapped with Australia’s federal, state and territory energy ministers opting to replace it with a new “fit-for-purpose” advisory panel that is better able to meet the challenges of the energy transformation taking place in the national electricity market.

As part of its long-term plan to transition from coal-fired power generation to clean energy New South Wales has launched another renewable energy tender seeking at least 950 MW of wind and solar capacity and 550 MW of long-duration storage.

Chinese researchers have developed a solar cell using CsSnI3 perovskite, known for its unique phase transitions and near-IR emissions. By simulating the device with various electron transport layers (ETLs) and hole transport layers (HTLs), they determined that the optimal cell could be created using a titanium oxide (TiO2) ETL and a nickel(II) oxide (NiOx) HTL.

The Vietnamese government has announced a USD 135 billion ($200 billion) energy strategy, with half of the country’s residential rooftops to be equipped with PV systems under a net-metering scheme. The nation also aims to become a power exporter by the end of the decade.

The Indian solar sector experienced major shifts in market share during 2022, driven by policy changes such as the implementation of basic customs duty on cells and modules and the introduction of an approved list of models and manufacturers, according to Mercom.