UK developer seeks EPBC approval for 2.5 GWh Victorian battery
Plans to develop a 2.5 GWh battery energy storage system in Victoria’s southwest have joined the queue for assessment under the federal government’s Environment Protection and Biodiversity Conservation Act.
Soltec enters pre-insolvency as Spanish regulator halts trading of shares
Spanish PV company Soltec has entered pre-insolvency proceedings to negotiate with creditors, and Spain’s National Securities Market Commission has suspended trading of its shares until it releases its first-half 2024 financial results.
The shifting sands of PV module supply
Chinese solar manufacturing capacity faces a downturn that is unlikely to translate into growth in other regions, writes S&P’s Edurne Zoco.
Tasmania’s major renewables approval pathway streamlined by fresh approach
The Tasmanian government is chasing major investment in renewable energy projects through an upgraded renewable energy approvals pathway program focussed on unified multi-agency supports for developers.
US solar industry on track to install 250 GW in five years
According to the United States Solar Market Insight Q3 2024 report, in the two years since passage of the Inflation Reduction Act the solar industry has added 75 GW of new capacity to the grid, representing more than 36% of all solar capacity built in nation’s history.
Battery-electric locomotive and mining vehicles fast track Fortescue’s 2030 goals
Perth-based mining giant Fortescue has fast tracked its zero emission goals through a $4 billion dollar battery-electric vehicle deal with Swiss company Liebherr and a joint venture to build a battery-electric locomotive, with Sydney-based engineering company Downer.
New added renewables capacity tipped to exceed 7 GW in 2024
New data from the Clean Energy Regulator shows Australia is on course to add more than 7 GW of renewable energy generation capacity this year, almost double what was previously anticipated.
Perth miner lands $243 million US government grant
Australian manganese miner Element 25 has been granted $243 million by the United States government to support the development of a refining facility that will transform the metal into a battery-grade product.
$50 million funding to boost clean energy supply chain
The Australian government will in November open applications for a $50 million funding program that is to support the development of more diverse solar PV, hydrogen electrolyser and battery supply chains in the Indo-Pacific region.
Most home battery storage systems meet warranty claims, new research finds
It took eight years of field measurements for researchers at the RWTH Aachen University in Germany to estimate the usable capacity of home battery energy storage systems and develop a dataset covering 106 system years and 14 billion datapoints. Their key finding was that home battery systems lose about two to three percentage points of usable capacity per year on average, meaning good news for the industry as most warranties in the market can be met with the implementation of capacity reserves.
