The Indian states of Rajasthan, Gujarat and Karnataka now account for more than 50% of the nation’s cumulative installed solar capacity.
Australia’s national science agency, the CSIRO, estimates the country could require a 10 to 14-fold increase in its electricity storage capacity between 2025-2050. It has released its energy storage report, forecasting demand in different sectors and summarising storage technologies.
Australian super funds Hesta and Aware Super have become minority partners into a newly launched renewable energy platform, Intera Renewables. Orchestrated by infrastructure manager Palisade Investment Partners, the fund aims to provide investors with diversified assets in terms of location, technology and offtakers, targeting stable returns and funding for new projects.
South Korea has cut its 2030 renewable energy target from 30.2% to just 21.6%, as it seeks to reduce support for solar and other clean energy sources, while preparing the ground for more nuclear power and liquefied natural gas. A lobby group is now challenging the plan in the Seoul Administrative Court.
A $18.7 billion (USD 12.5 billion) takeover deal for Origin Energy has been struck with a consortium led by Canadian giant Brookfield. Brookfield’s vision for Origin involves spending “at least” $20 billion to build new renewables and storage, using Origin and its customer base as a vehicle for transition.
Household’s rooftop solar supplied a record 14% of Australia’s electricity this summer – contributing more than brown coal, and more than large-scale wind or solar farms.
The search for ever higher conversion efficiency has driven solar researchers to focus on back-contact cell approaches, and efforts to devise more cost-effective manufacturing are bringing technologies such as interdigitated back contact (IBC) solar into the mainstream, as Mark Hutchins reports.
Australia has been warned it must act swiftly to capture the economic and strategic opportunities of a booming battery industries sector that is predicted could provide $55.2 billion (USD 36.87 billion) in additional gross domestic product to the economy by the end of the decade.
Global renewable capacity increased by 295 GW last year, bringing the world to a cumulative installed capacity of 3,372 GW, according to the International Renewable Energy Agency (IRENA).
Bureau Veritas tells pv magazine that there is a great deal of interest in hydrogen certification schemes in Australia, Europe, the United States, and the Middle East.
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