Solar and storage analyst Sunwiz is forecasting 2023 set a new record for small-scale solar in Australia. Despite installations this year lagging Australia’s biggest year to date, 2021, Sunwiz Managing Director, Warwick Johnston, tells pv magazine Australia that multiple signs point to a strong Q4.
If demand picks up again toward the end of the year due to the current price situation, the downward trend for PV module prices could be stopped, according to pvXchange’s Martin Schachinger.
Australian superannuation giant Aware Super has made a large-scale entry into the distributed renewable energy market, teaming with Melbourne-based Birdwood Energy in a venture specialising in smaller-scale solar and battery installations.
Rooftop solar generation continues to achieve record levels across the National Electricity Market but the Australian Energy Regulator has warned of a “pressing need for new investment” in large-scale renewable energy assets to keep pace with the energy transition.
The US Department of Energy has allocated USD 7 billion ($11 billion) for seven Regional Clean Hydrogen Hubs (H2Hubs) to deploy commercial-scale clean hydrogen, while the Mission Possible Partnership, RMI, Systemiq, Power2X, and industry leaders have set up the Transatlantic Clean Hydrogen Trade Coalition (H2TC) to ship US clean hydrogen to Europe by 2026.
RMIT University in Australia has developed new software that integrates product, regulation, technical, economic, and construction data. It helps architects and engineers to estimate the cost of building-integrated photovoltaics (BIPV) during the conceptual design phase.
US giant Albemarle Corp. has withdrawn its $6.6 billion takeover bid for Australian lithium developer Liontown Resources after Gina Rinehart, via her company Hancock Prospecting, reportedly spent $1.3 billion raising its stake in Liontown to a commanding 19.9%.
The Clean Energy Finance Corporation has made its first investment via the Australian government’s $20 billion (USD 12.67 billion) Rewiring the Nation Fund, committing $100 million to support the build-out of renewable generation, long-duration storage and grid infrastructure in New South Wales.
Through the first nine months of 2023, $45.56 billion (USD 28.9 billion) of venture capital, public market, and debt financing was injected into solar, says a report from Mercom Capital Group.
Queensland state-owned CleanCo has opened an expression of interest process to add 3 GW of wind and solar generation to its portfolio “to support our customers to achieve their sustainability goals, and to advance Queensland’s energy transformation”.
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