Markets

Creditors of Brisbane-based solar and storage developer Lyon Group have announced that three of Lyon Solar’s companies are now in liquidation after their directors failed to meet a deadline. Deloitte is now looking for buyers for the Companies’ projects.

Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.

Almost a year after the opening of its assembly and manufacturing facility at the site of the old Holden factory, German battery manufacturer Sonnen can now officially say its products are made in the land of kangaroos.

Telsa CEO Elon Musk has continued to tease the upcoming November release of the company’s all-electric ute. In a tweet Musk suggested the design resembled an “armored personnel carrier”.

Pacific Hydro’s Haughton Solar Farm in Queensland has signed an innovative network support agreement with Stanwell Corporation (Stanwell), a QLD government-owned corporation and the largest electricity generator in the state.

The joint venture company targets the construction of over 1 GW portfolio in the next few years, with an initial focus on India, South Korea and Taiwan.

The building-sized trucks run on diesel and prompt logistical complications as large amounts of diesel must be shipped to remote mining sites. Attempts to decarbonize the mining sector will have to consider the heavy-duty vehicles.

The Norwegian solar manufacturer is planning to debut its Alpha Series heterojunction (HJT) modules at next week’s All-Energy event in Melbourne. Touted as the world’s highest power 60-cell solar panels, the new series promises over 20% more energy production than other modules with the same footprint and added value for home owners.

The Australian Energy Market Commission (AEMC) has released a discussion paper toward a blueprint for the coordination of generation and transmission investment. The draft proposal seeks to overhaul wholesale pricing and transmission access toward lowering electricity costs and the ever-increasing risks inherent in getting new renewable energy generation into the network.

Solar infrastructure developer Lyon Group has strengthened its ties in the Asian markets through a significant joint-venture with two of Asia’s largest energy generators. The agreement will see integrated battery storage systems utilised to reduce the risk of curtailment and increase the flexibility of renewable energy plants.