Markets

Advanced Ionics has developed an electrolyser that runs at temperatures below 650 C. It is reportedly able to produce hydrogen for US$0.85/kg (AU$1.2/kg) or less. CEO Chad Mason recently spoke with pv magazine to provide a closer look at the water vapour electrolysis tech.

Shell has signed an agreement to acquire Solenergi Power, an Actis company that owns 100% of Indian developer Sprng Energy. The transaction, valued at US$1.55 billion (AU$2.2 billion), is expected to close later this year.

Origin Energy’s ambition to accelerate the growth of its renewable energy portfolio saw progress this week with the acquisition of the pre-construction 900 MW Yarrabee Solar Farm. Origin’s new renewable expansion strategy took shape after conceding in 2021 that its fossil fuel business was haemorrhaging under the strain of low renewables prices.

Global solar supply chain issues and the Chinese energy crisis which hit in the second half of last year have, ironically, led to a “massive” oversupply of solar panels in Australia, according to major distributors. The tension between increased global panel costs and the glut of them within Australia has led to some messy pricing and strange market dynamics on the ground.

PV ICE uses the latest data from the solar industry to model the flow of PV materials over the next several decades, helping to predict the effects of different market trends, technological developments, and government policies.

A new report from IEEFA says green ammonia could help India significantly reduce its trillion-rupee fertiliser subsidy bill and cut dependence on liquefied natural gas (LNG) imports for fertiliser production.

Singapore-based Sun Cable has submitted its Environmental Impact Statement to the Northern Territory Environment Protection Authority. The document reveals the full extent of the project’s enormity, specifically a 17-20 GW solar farm tied to 36-42 GWh of battery energy storage, which is set to be transmitted by subsea cables to Singapore.

The floating facility will be built by Japan’s Shizen Energy and will sell power under unspecified conditions to local utility Syarikat Air Melaka Bhd (SAMB).

Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighbouring Indonesia.

Myanmar’s government has announced a plan to increase conventional and renewable energy generation to address electricity shortages. Reports from Burmese exiles, however, detail increasing issues for the construction of large scale solar projects tendered prior to the military coup in February 2021 and Chinese inverter manufacturer Sungrow said the project it secured in the country’s first tender has been canceled.