Markets

U.S.-owned business intelligence firm Wood Mackenzie has attempted to evaluate the market opportunities offered by the repowering of solar projects around the world which feature inverters which are 10 years old – as well as those which will expire ahead of time.

The Minerals Council of Australia has released its long-awaited Climate Action Plan. The plan has been widely criticised for its empty posturing and at least one group of major investors are demanding the Council articulate some of its conspicuously vague plans.

Scientists in Morocco have designed a new bifacial module with a cooling system, based on bifacial parabolic solar cells that are connected to each other via tubes for panel cooling. They are now patenting the tech, but have yet to manufacture an initial prototype.

The European Commission has sent the European Green Deal on its way and a preliminary version of its anticipated hydrogen strategy has been leaked. The plan does not lack ambition, as the EU seeks to assert tech leadership in green hydrogen through coordinated efforts across the value chain.

Under a new plan to stabilize its grid, the South Australian State Government is providing $10 million to upgrade its voltage management and giving the green light to the Australian Energy Market Operator to stop its rooftop solar from feeding in when needed. The plan also highlights the importance “smart” PV and stronger network interconnection, primarily the new SA-NSW line a.k.a. Project EnergyConnect.

Nationwide analysis from Natural Solar’s live monitoring systems shows a 105% increase in Aussie household electricity in Q1 2020 as compared to 2019, a spike resulting from the lockdown implications of the Covid-19 pandemic. However, many Australians, like the 100% of Mulpha’s ‘Smart City’ buyers in Sydney’s North-West, will be buffeted from bill spikes thanks to home solar and energy storage systems.

Sendle and Bonds Couriers have teamed up to deliver Australia’s first solar-powered fleet of delivery vans. As the boom of eCommerce has continued through Covid-19, the ethical import of sustainable shipping and delivery has become evermore salient.

According to new research from Wood Mackenzie, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019.

The Queensland Government’s “Unite and Recover” phase of its response to the economic impact of Covid-19 includes $17 million in funding for a Renewable Energy Training Facility in Brisbane. The Sunshine State seems to be realising its solar future.

A new Battery Performance Standard for residential and small-scale commercial applications has finally been submitted to Standards Australia. If adopted, the standard could clarify consumer confusion around which energy storage system is right for them.