Markets

Following a funding announcement from the Australian Renewable Energy Agency (ARENA), a $3 million feasibility study led by Port of Newcastle and Macquarie’s Green Investment Group is set to determine whether Newcastle, the world’s largest coal exporting port, has the potential for a green hydrogen hub.

After another year of record rooftop solar installations, and despite Covid-19 related lockdowns and federal political ineptitude on a level comparable to self-sabotage, Australia has soared past the three million mark and the numbers are only accelerating.

EleXsys Energy’s technology enables the controlled flow of excess energy from distributed rooftop-solar generators — think large C&I organisations and microgrid-united regional townships— to help stabilise global grids as they increasingly transition to renewables. The world could feel the positives of mass transition to solar within five years.

On September 7, the country that consumes more power than any other nation introduced green energy trading. Two regions in China, Beijing and Guangzhou, were selected for the initial introduction of what will become the national green power trading market. Although it is still a pilot program, the market is expected to have far-reaching impacts on China’s energy transition away from coal. What do you need to know about it? Vincent Shaw in Shangahi sets out the details.

The inverter and battery manufacturer said it has been sitting on a record order backlog for the current three month window and the opening quarter of the new year, which may in part be down to a long Covid shutdown at its Vietnamese production base.

The continuous rise in solar panel prices may affect PV projects of up to 1 MW tendered by the Korea Energy Agency and the domestic solar module industry may not be able to provide the necessary production capacity to respond to the recent supply bottleneck.

In the coming weeks, Western Australian mining-cum-materials recovery company Neometals will begin testing at its newly commissioned battery recycling demonstration plant in Hichenbach, Germany, the product of a joint venture with SMS Group. The Primobius facility, as it’s named, has already garnered considerable attention and is a finalist in 2022’s prestigious German Sustainability Award. “We want Primobius to be the preeminent recycler in the world,” the company’s managing director, Chris Reed, told pv magazine Australia.

Solar Philippines will tap stock market investors to back the first section of a solar project in Luzon it says will eventually be the largest in the region.

Australia broke solar installation records across all rooftop sectors in 2020, solidifying its “remarkable” position in the global solar market with the highest per capita capacity at over 810 watts per person.

The fallout from the Woodside and McGowan government’s greenwashing of the former’s ‘H2Perth’ hydrogen and ammonia project announced last week continues, with Fortescue Future Industries and Andrew “Twiggy” Forrest making a mockery of Woodside on Twitter before announcing a massive green hydrogen deal in the United Kingdom for COP26.