Markets

The past 12 months have proved profitable for polysilicon manufacturers, as selling prices have soared to levels not seen since 2011. However, with major new capacity expansions on the horizon from most of the leading manufacturers, and new players planning to enter the scene, the market balance looks set to shift. Exawatt’s Alex Barrows rounds up where the industry stands and what might happen next.

Sujoy Ghosh, First Solar’s vice president for India and the Asia-Pacific region, speaks to pv magazine India’s Uma Gupta about the company’s plans to set up a 3.3 GW module fab in India to service the local market.

A number of Australian battery material recovery projects got off the ground this week, including the completion of Western Australian outfit Neometal’s battery recycling demonstration plant, a Queensland-Japanese joint venture studying the extraction of cobalt from copper tailings as well as the funding of Sydney-based startup Novalith.

Compressed hydrogen ship maker Global Energy Ventures will develop a 2.8 GW green hydrogen export project on the Tiwi Islands, off the coast of the Northern Territory. It says the project will demonstrate the simplicity and efficiency of compressed hydrogen for Asia-Pacific supply chains, and will of course use a fleet of its own hydrogen-powered and hydrogen carrying 430-tonne ships.

The lack of detail surrounding oil and gas giant Woodside’s hydrogen and ammonia facility in Kwinana announced yesterday has raised suspicions, with groups pointing out the news coincides with the company’s recently approved Scarborough gas project off the Western Australian coast.

Over recent years, the energy industry has been working hard to provide the structure and a regulatory framework for a market that recognises the value of coordinated demand response. Today marked the second wave — after the opening of the FCAS market in 2017 — of opportunity for organisations to trade their flexible electricity loads on the wholesale electricity market. The resulting efficiency gains are an important piece of the energy transition puzzle.

The 145 MW Cirata floating PV project achieved financial close in August. The developers claim that the array, which covers 200 hectares of the water’s surface, is an example of transferring new technology that will pave the way for Indonesia’s solar industry and enable the setting of new policies.

One year on from its spinoff from SunPower, cell and module maker Maxeon Solar Technologies is looking to supply both “across and through” the solar market segments in the Asia-Pacific region. Chris O’Brien, the vice president of APAC for Maxeon, says that the region is set to grow in importance among PV marketplaces, with opportunities on the home, business and free field.

The continued rollout of rooftop solar PV and large-scale wind and solar farms continues to reshape Australia’s electricity market with new data released by the Australian Energy Market Operator revealing that the penetration of renewable energy continues to drive new records in the National Electricity Market.

Construction has begun on a manufacturing pilot project to see battery-grade nickel, cobalt and manganese for precursor battery cathode materials (PCAM) in Perth. The facility is expected to be completed in early 2022 and is one of a number of developments that will look to establish Western Australia (WA) as a materials supplier to the growing battery manufacturing industry.