Markets

Global solar supply chain issues and the Chinese energy crisis which hit in the second half of last year have, ironically, led to a “massive” oversupply of solar panels in Australia, according to major distributors. The tension between increased global panel costs and the glut of them within Australia has led to some messy pricing and strange market dynamics on the ground.

PV ICE uses the latest data from the solar industry to model the flow of PV materials over the next several decades, helping to predict the effects of different market trends, technological developments, and government policies.

A new report from IEEFA says green ammonia could help India significantly reduce its trillion-rupee fertiliser subsidy bill and cut dependence on liquefied natural gas (LNG) imports for fertiliser production.

Singapore-based Sun Cable has submitted its Environmental Impact Statement to the Northern Territory Environment Protection Authority. The document reveals the full extent of the project’s enormity, specifically a 17-20 GW solar farm tied to 36-42 GWh of battery energy storage, which is set to be transmitted by subsea cables to Singapore.

The floating facility will be built by Japan’s Shizen Energy and will sell power under unspecified conditions to local utility Syarikat Air Melaka Bhd (SAMB).

Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighbouring Indonesia.

Myanmar’s government has announced a plan to increase conventional and renewable energy generation to address electricity shortages. Reports from Burmese exiles, however, detail increasing issues for the construction of large scale solar projects tendered prior to the military coup in February 2021 and Chinese inverter manufacturer Sungrow said the project it secured in the country’s first tender has been canceled.

Developers are moving fast to meet Singapore’s clean energy needs by establishing overseas solar-plus-storage plants, with a strong focus on facilities in neighbouring Indonesia.

Over 90% of Australia’s fuel is imported – something recent geopolitical events have illustrated is a serious vulnerability. This issue was the focus of an emergency fuel security summit held yesterday in Sydney. The event was attended by a number of industry leaders and independent members and candidates who put forward solutions to tackle the devolving situation.

In a big week for solar in the land of the long white cloud, Lightsource bp has announced a 50/50 partnership with New Zealand’s Contact Energy to pursue a large-scale solar portfolio in the country, generation which Contact Energy will purchase through a power purchase agreement.