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Homes with solar sell for $125,000 more on average

Energy efficient homes, like those with solar panels, fetch, on average, a premium of over 17% in Australia – though that figure grows to 28.9% in Queensland and 24% in Victoria, according to a report from real estate company Domain.

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Can renewables curtailment be rethought as a good thing?

While curtailing solar and wind energy production can be viewed as a lost opportunity, NREL argues that it may be an important feature in the future energy grid dominated by low-cost renewable energy.

India will have 125 GWh of lithium batteries ready for recycling by 2030

India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.

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Weekend read: Global module demand to hit 240 GW in 2022

Despite polysilicon shortage-induced high module prices, the market saw strong demand in the usually slower summer season this year, due to the global race to net-zero emissions. Corrine Lin, chief analyst at PV InfoLink, expects demand to reach 240 GW, with China and Europe set to contribute more than 80 GW and 50 GW, respectively. Together with the United States, which has paused the introduction of new solar tariffs, the three largest markets will dominate nearly 70% of global demand.

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NSW announces tender round for large-scale wind, solar and storage

New South Wales has reached another milestone in its transition from coal-fired power generation to renewables-based electricity with the state government announcing the start date for a tender process expected to deliver at least 2,500 GWh of new annual generation and 600 MW of long-duration storage.

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128.5 MW solar hybrid plant reaches financial close in South Australia

Vena Energy Australia has reached financial close on the second stage of its Tailem Bend 2 Hybrid Project thanks to a PPA with Zen Energy and green financial support from DBS, ING, and Siemens. The 128.5 MW project will comprise 87 MW of solar with 41.5 MW of battery energy storage.

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Indian state of Gujarat tenders 1.5 GW of solar

Solar developers have until Aug. 23 to bid for the rights to build up to 1.5 GW of grid-connected solar projects under 25-year power purchase agreements.

Fears skill shortages may delay Australia’s renewable progress

Concerns Australia’s skills shortage will impact the new federal government’s hallmark $20 billion Rewiring the Nation program, as well as the clean energy transition more generally, have been raised at the Australian Clean Energy Summit in Sydney.

Octopus announces $10 billion renewable investment funds, acquires Australia’s largest solar project

Octopus Investments Australia, a subsidiary of the major global Octopus Group, today launched two renewable energy investment vehicles totalling $10 billion. The Octopus funds’ first joint acquisition is Australia’s largest operational solar farm, the 333 MW Darlington Point Solar Farm in New South Wales.

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Tesla reveals surging Powerwall numbers as it gears up to double EV sales

Tesla chair Robyn Denholm expects the company to double its EV sales in Australia by the year’s end, hoping to see its flagship product catch up to its Powerwall sales. Denholm also said Australia needs to expand its lithium refining and processing capacity at “sprinting pace” to properly capture the global battery opportunity.

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