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.
Australia’s first coordinated renewable energy zone is a step closer to realisation with the environmental impact statement for the transmission infrastructure required to connect at least 3 GW of new clean energy generation capacity to the national grid now open for public scrutiny.
Solar industry veteran Jigar Shah, the director of the US Department of Energy’s (DoE) Loan Programs Office, says that virtual power plants are the path to success, as solar net metering now faces an uncertain future.
Australian communications giant Telstra has signed a power purchase agreement that will support the development of the 120 MW Munna Solar Farm being built near Gympie in southeast Queensland.
Queensland network operator Powerlink has released 40 works packages for suppliers to express their interest in working on the CopperString transmission link that is to stretch across the state’s north, helping to unlock large-scale solar and wind investment along with large deposits of minerals key to the energy transition.
Australia’s solar market and pricing has been shaken up in recent months with the entrance of Tongwei Solar. Compounding this is the global free fall in panel pricing, which solar analyst Warwick Johnston says is yet to properly hit Australia. “There’s super cheap panels that are coming through and everyone will have to adjust their prices accordingly,” he says.
Queensland’s CleanCo has opened expressions of interest to renewables projects wanting to participate in the transformation of its former coal-fired Swanbank power precinct to a clean energy hub.
A major jump in small-scale air source heat pump installations has been illustrated by the Clean Energy Regulator’s latest Carbon Market Report. Australia’s large-scale renewables segment, however, is languishing with the Regulator knocking its 2023 final investment decision (FID) forecasts down from 3.5 GW to 2.5 GW. Just a 0.5 GW has reach FID in 2023 so far.
Tesla has submitted a proposal to the Indian government to set up a Powerwall battery storage factory in India.
Solar module prices have never fallen so sharply in such a short period of time. One reason for this is the “PV module glut” in warehouses in Europe, according to pvXchange’s Martin Schachinger.
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