WA backs big batteries to support energy transition
The West Australian government will plough almost $3 billion (USD 2.03 billion) into renewable energy generation, storage and transmission projects with modelling revealing more than 50 GW of new generation and storage capacity will be required in the state’s main electricity grid within the next 20 years.
India’s green hydrogen demand to reach 2.85 MMT/year by 2030, says USAID
A new report from the South Asia Regional Energy Partnership (SAREP) of the United States Agency for International Development, better known as USAID, says India’s green hydrogen demand will reach 2.85 million metric tonnes (MMT) per year by 2030.
US solar installers list Qcells, Enphase as top brands
An industry survey led by SolarReviews and NABCEP found two-thirds of solar installers expect high electricity prices to drive demand.
Clean energy takes centre stage in federal budget, industry reactions
The Albanese Labor government has delivered its 2023 – 2024 budget, placing energy front and centre. The budget takes the government’s total spend on making Australia a renewable superpower to $40 billion (USD 27 billion). While many in the industry have applauded the budget, there are some glaring contradictions.
Key takeaways as big batteries in Australia hit 1 GW
Australia recently hit it first gigawatt of big battery storage, with another 40 GW in the projected pipeline. During the Smart Energy Conference, Marija Petkovic, founder and managing director of Energy Synapse, looked at what we’ve learned so far.
‘At least’ 500 MWh of DC-coupled batteries coming to east coast under new partnership
Chinese inverter and storage company Sungrow and Australian developer Green Gold Energy have signed an agreement to collaborate on “at least” 500 MWh of battery storage projects within the next three years – most to all of which will be DC-coupled. Relatively new to Australia’s grid-connected battery landscape, DC-coupled batteries will soon be able to trade on lucrative FCAS markets thanks to imminent rule changes, providing a firmer foothold for the technology in Australia.
Swiss team sets record solar-to-hydrogen rate
Researchers from Switzerland’s École Polytechnique Fédérale de Lausanne have unveiled a new solar dish plant design, while Plug Power has delivered its first electrolyser system to Europe.
Sungrow steps up supply agreements in Australian market
Chinese solar and storage technology manufacturer Sungrow has strengthened its commitment in Australia, inking new distribution agreements that will deliver at least 550 MWh of the company’s energy storage system solutions and 250 MW of its inverters into the Australian market.
Strong revenue growth for biggest Chinese solar panel makers in Q1
JinkoSolar, Long, JA Solar, and Trina Solar have all reported impressive growth figures for the first quarter of this year.
Australia edged by China with cost of capital for utility scale PV
The International Renewable Energy Agency has released new data on the cost of capital for solar PV, onshore and offshore wind in the period between 2020 and 2021. Results show that Australia has the second lowest cost of capital in the Asia Pacific region at 4.6%, beaten out by China at 3.9%.
