Company developing neighbourhood battery portfolio looks to reform tariffs, connection criteria
Australian developer ACEnergy is building an initial portfolio of 10 neighbourhood batteries totalling 50 MW/100 MWh across Victoria and New South Wales. The company is also engaging networks to lobby for reforms to the connection process and tariff structure in light of grid support the technology can offer.
Energy transition is off-track, says IRENA
The global transition to carbon-free energy has fallen behind pace to limit global warming to 1.5 degrees Celsius, a key threshold set forth by the Paris Agreement.
‘Battery prices are super volatile’
George Hilton, research manager at S&P Global, spoke to pv magazine at the recent Intersolar 2023 trade show about the latest energy storage trends. He said the industry needs easy-to-install products and more efficient supply chains, and noted that battery prices are highly volatile because they fluctuate in response to changes in the dynamic Chinese electric vehicle market.
‘Renewables will eat itself’: analysts’ megatrend prediction
Over the next five to 15 years, batteries will undercut the business case for major transmission and interconnector projects. These assets will nonetheless likely be built, decreasing price spreads and eating into the revenues of batteries, solar and storage analyst Warwick Johnston predicts.
Queensland cuts exploration fees, funds zone design and waste streams in decisive critical minerals strategy
The Queensland government has unveiled its own Critical Mineral Strategy, with a decidedly more focussed policy approach than its recent federal counterpart.
SEG Solar leases land for 5 GW cell, 3 GW module production in Indonesia
SEG Solar (SEG), a Texas-based module manufacturer, will lease land in Indonesia for 5 GW of solar cell and 3 GW of PV module capacity.
How much will Australia realistically achieve with its critical minerals?
A panel of experts debated how plausible it is for Australia to enter the battery manufacturing space, and acting-CEO of one of the only companies to produce lithium hydroxide in Australia, IGO, discussed the acute challenges of setting up a refinery onshore during the WA Renewables and Critical Minerals Superpower Summit on Monday.
‘Really serious’ problems cybersecurity breaches pose in Australia’s DER near future
In two to three years, the number of DER control devices plugged into Australia’s national grid are predicted to hit critical mass, bringing with it the potential for wide-scale ramifications in the event of a successful cyberattack. The second in a two part series, pv magazine Australia outlines what the consequences could involve.
China solar module prices keep diving
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.
‘Oversupply is a natural challenge to our industry,’ says Trina Solar official
Helena Li, president of Trina Solar’s global cell and module business, spoke to pv magazine at the recent SNEC trade show in Shanghai about the PV industry’s oversupply challenge. Li said the company is considering opening a factory in Europe and expressed optimism about future cost and price declines.
