Markets

Australia has hit a historic milestone, reaching 25GW of installed solar. As the Australian PV Institute noted on Monday, that’s more solar per capita than anywhere else in the world.

U.S. company Verdagy has secured a US$25 million (AU$35 million) investment for its new electrolyser technology, which provides hydrogen fuel for heavy industrial applications. The membrane-based technology uses large active area cells, high current densities, and broad operating ranges to deliver hydrogen at scale.

Renewable energy production reached record highs in Australia in 2021 with new data from the Climate Council revealing clean technologies including rooftop solar and utility scale PV supplied five times more power into the nation’s largest electricity grid than gas.

The past 12 months have been a turbulent time for PV manufacturing. Rapid and impressive developments in technology have been accompanied by price increases up and down the supply chain, and energy shortages weighed on production in the second half of the year. Chinese n-type module manufacturer Jolywood is now pressing ahead with ambitious expansion plans despite the disruption. pv magazine publisher Eckhart K. Gouras and editor Mark Hutchins recently caught up with Cathy Huang, European sales director at Jolywood, to discuss the company’s plans to bring n-type TOPCon technology into mainstream production.

Australian energy major AGL has fast-tracked the closures of its two biggest coal-fired power plants by several years as it pushes ahead with plans to demerge in response to the ongoing market shift towards renewable sources of electricity.

Australia’s electricity retailers have been ranked from best to worst in terms of green credentials, igniting calls for retailers to make emissions information public and transparent.

After the deluge of announcements last year, 2022 will see the trickle of big batteries actually operating in Australia turn to a flood. According to Rystad Energy, the country’s battery capacity is set to double before the year is out.

Green hydrogen is being proposed for an ever-wider variety of uses. While some of these are still a way off, others make little sense. But there are sectors where demand for green hydrogen is a reality today, writes Christian Roselund.

India’s Union Budget, presented this week by Finance Minister Nirmala Sitharaman, allocates an extra INR 19,500 crore ($3.6 billion) to the production-linked incentive scheme for solar from April.

Australia’s largest petroleum company Ampol has revealed its ambition to expand into the nation’s energy market by submitting an application to the industry regulator for licences to retail electricity and gas in Australia.