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Australia’s critical minerals strategy released, includes no major policy schemes nor onshoring action plan

Australia’s federal government has released its anticipated Critical Minerals Strategy, and while the document decisively flags industry imperatives and challenges, the plan of action and policy solutions are far more hazy.

Neoen wins WA’s Collie big battery tender, moves into long-duration storage market

French renewables developer Neoen has won a 197 MW / 4-hour duration storage contract with AEMO. The contract pertains to the Collie big battery in WA’s south west, with Stage 1 to be operating commercially by October 2024.

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AGL unveils three new big batteries as part of 12 GW decarbonisation strategy

Energy generating and retailing giant AGL has added three new grid-scale batteries and a 200 MW solar farm to its development pipeline as it looks to accelerate the transition of its energy portfolio from high-emission coal-fired power generation to backed-up renewables.

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China polysilicon prices in freefall

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

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Weekend read: Solar recycling’s glass ceiling and other problems

The insolvency of a major Australian solar recycler has highlighted the complexity of remodelling a linear-thinking industry and society into a circular one, reports pv magazine Australia’s Bella Peacock.

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CIP buys stake in CWP Global green hydrogen project pipeline

Danish investment group Copenhagen Infrastructure Partners has ramped up its green hydrogen ambitions, acquiring a strategic stake in Europe-headquartered renewables developer CWP Global’s development portfolio of ultra-large-scale green hydrogen hubs, including projects in Australia.

Private investors pump $1.9 billion into WA’s decarbonisation plan

The West Australian government has utilised investor hunger for green bonds to help secure funding for major state government projects geared towards decarbonisation or environmentally sustainable outcomes as it transitions from coal-fired power to renewables.

US green hydrogen market set to surge to $2 trillion by 2050, says Deloitte

By 2050, the practice of using renewable energy to electrolyse water and create hydrogen fuel could become a global market of well over USD 1 trillion ($1.47 trillion), according to a new report by Deloitte.

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Southeast Asia solar markets set for growth this year

New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.

South Korea launches hydrogen bidding market, Queensland gov assesses water requirement for Gladstone hub

South Korea is opening what it claims is the world’s first hydrogen power generation bidding market, while the Queensland government has approved funding to assess water use in Gladstone’s hydrogen industry.

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