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Markets

China polysilicon prices in freefall

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.

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Weekend read: Solar recycling’s glass ceiling and other problems

The insolvency of a major Australian solar recycler has highlighted the complexity of remodelling a linear-thinking industry and society into a circular one, reports pv magazine Australia’s Bella Peacock.

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CIP buys stake in CWP Global green hydrogen project pipeline

Danish investment group Copenhagen Infrastructure Partners has ramped up its green hydrogen ambitions, acquiring a strategic stake in Europe-headquartered renewables developer CWP Global’s development portfolio of ultra-large-scale green hydrogen hubs, including projects in Australia.

Private investors pump $1.9 billion into WA’s decarbonisation plan

The West Australian government has utilised investor hunger for green bonds to help secure funding for major state government projects geared towards decarbonisation or environmentally sustainable outcomes as it transitions from coal-fired power to renewables.

US green hydrogen market set to surge to $2 trillion by 2050, says Deloitte

By 2050, the practice of using renewable energy to electrolyse water and create hydrogen fuel could become a global market of well over USD 1 trillion ($1.47 trillion), according to a new report by Deloitte.

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Southeast Asia solar markets set for growth this year

New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.

South Korea launches hydrogen bidding market, Queensland gov assesses water requirement for Gladstone hub

South Korea is opening what it claims is the world’s first hydrogen power generation bidding market, while the Queensland government has approved funding to assess water use in Gladstone’s hydrogen industry.

Critical mineral stocks overtake gold in value

The value of critical minerals companies listed on the ASX has hit $86.2 billion (USD 58.3bn), just scraping above the value of companies within the All Ordinaries Gold Index. Australia risen to the booming demand for these minerals, but experts have urged caution.

60 new renewable energy EISs slated for NSW in next 12 to 18 months

As many as 60 renewable energy projects are expected to lodge environmental impact statements in New South Wales over the next 12 to 18 months. As the transition accelerates, the state’s new Energy Minister has told renewable proponents they must substantiate what’s in it for hosting communities.

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Global rooftop PV additions soar by 50% to 118 GW in 2022

The world installed 239 GW of new solar capacity in 2022, according to SolarPower Europe. The rooftop PV segment accounted for 49.5% of additions – the highest share in the past three years. The rooftop sectors in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.

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