Markets

Sydney-based solar pioneer 5B has launched a $33.4 million tech innovation program, including a $14 million grant from the Australian Renewable Energy Agency, designed to accelerate the delivery of ultra low cost solar. While a majority of the investment is portioned off for an advanced manufacturing pilot line, approximately a third of the available funds will be used to deliver GPS-guided solar deployment robots.

Transport accounts for approximately 20% of the Victoria’s emissions while also being one of the more hard to decarbonise sectors. Due to its commitment to halve its emissions by 2030, the Victorian government has announced over $7 million in grands for a number of projects seeking to commercialise real world applications in the transport sector powered by renewable hydrogen.

Fortescue Future Industries has taken another step toward its global green hydrogen ambitions with the signing of a Memorandum of Understanding with Germany polymer company Covestro for the equivalent of 100,000 tonnes of solar-sourced green hydrogen and its derivatives annually, starting as early as 2024.

The supply of indium, both for layers in silicon solar cells and some thin-film PV technologies, is increasingly seen as a future potential bottleneck that solar and other industries relying on the material will have to manage. Resolving indium supply concerns may be a case of rethinking mining waste and recycling, reports Ian Morse.

Sunman Energy claims the new factory, located in Yangzhong City in China’s Jiangsu province, is the world’s largest production facility for lightweight photovoltaics.

Current price signals to distributed battery owners “do not align with grid value,” says a study from the Lawrence Berkeley Laboratory.

Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.

The completed acquisition of ClipperCreek launches Enphase Energy into the fast-growing market for electric vehicle charging systems.

Korea Zinc, non-ferrous metal smelting company, has agreed to invest $50 million in Energy Vault, a Switzerland-based gravity storage specialist, in order to use its tech to decarbonise its refining and smelting operations in Australia.

Deployment in the building integrated PV segment is accelerating, and so too are the number of solar products available to architects and developers. And while BIPV had long been the segment in which an array of thin-film technologies could shine, they are now in increasingly stiff competition with crystalline silicon rivals.