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Recharge Industries, which had hoped to begin construction on its Geelong lithium-ion gigafactory this year, is reportedly refocusing its manpower on British endeavours. Despite Australia’s growing rhetoric around capturing more of the battery value chain, companies in the space are turning attention overseas.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

PV manufacturing capacity is projected to more than double by 2024, led by China, but oversupply is also anticipated, according to the International Energy Agency (IEA).

Australia is set to electrify everything. Vibrant communities willing to trial the transition are the first in line to learn what to do and how to bring everyone along, reports pv magazine Australia’s Natalie Filatoff.

Australian green hydrogen proponent Fortescue Future Industries and French renewables major Total Eren are among five project developers provided with exclusivity over land in the Northern Territory government’s Middle Arm Sustainable Development Precinct on Darwin Harbour.

China’s deputy head of the National Development and Reform Commission is reported to have recently met with Andrew Forrest, founder and executive chairman of Fortescue.

With less than 60 days remaining until the next raft of clean energy incentives outlined in the United States’ Inflation Reduction Act take effect, former Reserve Bank of Australia deputy governor Guy Debelle has warned the legislation poses a “material threat” to Australia’s push to become a green hydrogen superpower.

The government of the Philippines is set to hold the country’s second renewables auction on June 19.

Cambodia’s Ministry of Mines and Energy has published a document outlining principles to permit the use of rooftop PV. The new policy replaces a monthly capacity fee for rooftop systems, with a tariff calculated based on an intricate formula.

The Brookfield consortium looking to acquire Origin Energy has lodged its merger application with the ACCC, arguing the takeover is in the national interest since it will accelerate Australia’s decarbonisation. The application also flags investment figures as high as $30 billion (USD 20 billion), up from the $20 billion previously flagged.