Redback Technologies compliant for flexible exports to Queensland grid
Redback Technologies has announced inverters certified as compliant with Queensland’s dynamic connections for energy exports. This enables homeowners to export energy back into the grid at a flexible rate so that energy output is only limited in roughly 2% of the time when excess power from PV installations would overwhelm the grid.
Rooftop solar is crushing* the returns for large-scale VRE
* rooftop PV is a dominant factor, though there are others… such as the ongoing need for ‘Keeping the Lights on Services’ (which large-scale VRE largely does not supply).
What drives solar adoption not equal across income levels
Lawrence Berkeley researchers studied how solar buying decisions are influenced across varying income levels and offer rationale for policy changes and incentives to spur adoption among low- to middle-income households.
Australian lithium, critical minerals, with Chinese ties unlikely to cash in on US IRA subsidies
A number of Australian critical minerals, including lithium, miners and refiners will likely be ineligible for IRA subsidies after the US government published its draft rules forbidding access to enterprises with over a 25% stake held by Chinese companies or “cumulatively” by Chinese investors.
Origin deal collapse ends Australia’s corporate climate-takeover era
Origin shareholders have voted down the Brookfield-led takeover bid, likely ending what would have been one of Australia’s largest corporate buyouts. The failure of the deal concludes 18-months of bids by private capital to accelerate the sluggish transition of Australia’s two biggest ‘gentailers.’
Australia’s biggest solar farm to supply renewable energy to Coles
The Queensland government has announced that state-owned CleanCo is now providing Coles stores with renewable energy for 95% of its electricity needs in Queensland.
Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
CATL: Staying on top of the battery game
For the seventh year in the row, China-based Contemporary Amperex Technology Co. (CATL) looks set to claim the title of the world’s biggest battery maker. There are a number of reasons why it continues to maintain its lead in the electric vehicle (EV) and battery energy storage system (BESS) markets.
Hanwha Qcells shuts down 3.5 GW solar factory in South Korea
Hanwha Qcells has closed its 3.5 GW solar factory in South Korea as part of plans to optimise its PV module production capabilities amid a stagnant domestic solar market.
BP to take full control of Lightsource BP
Energy giant BP announced today it would take full ownership of solar and wind energy developer Lightsource BP once a deal – pertaining to the purchase of the remaining renewables company’s shares BP does not own – goes through next year.
