Markets

Melbourne-based public transport company Kinetic has been awarded a $2.3 billion contract by the Victorian government to replace more than half the city’s fleet with low or zero-emissions vehicles by 2031.

Closed-loop pumped-hydro storage offers more chances to minimise environmental effects on water sources and overcomes the problem of finding suitable sites. According to an Australian research team, closed-loop systems could prevail on open-loop systems in the future and this trend is confirmed by another group of scientists from the United States.

Rose Amal arrived in Australia from Indonesia 38 years ago to study at UNSW. Now her leadership and research are contributing to a new sustainable economy for Australia and clean fuels for energy-hungry industries.

Beyond curtailment of abundant solar and wind output lies a giant sponge of industrial need. Engie Impact is determined to connect the dots.

First Solar has announced plans to establish a new 3.3 GW manufacturing facility in India. Representing an investment of US$684 million (AU$950 million), the move demonstrates the thin-film PV manufacturer’s confidence in India’s solar growth and the increasingly favourable policy environment for domestic solar PV production.

Australia’s module supply landscape could experience a supply shock as legislation looms to stamp out the use of forced labor. Chris O’Brien, Maxeon Solar Technologies VP for the APAC region says that the measures that have left modules stranded at the U.S. border could very well occur in Australia soon.

Australia’s clean energy transition is predicted to accelerate in the coming years with a new report suggesting most Australian homes and businesses will have switched to solar PV modules paired with batteries by 2030 while the nation will have the highest penetration of renewable energy per capita in the world.

Multiple factors affect lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.

New South Wales, Australia’s most populace state and largest economy, has upped the green ante, today setting a new target which will see it rival clean energy powerhouse South Australia. The state government is seeking to spur more than $37 billion in private investment from its policies, hoping to double the state’s economy.

Adani, Reliance New Energy, Jindal India Solar and Shirdi Sai Electricals have been put on a shortlist for India’s production-linked incentive scheme for high-efficiency PV module manufacturing. The list includes 14 other companies vying for the incentives.