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Markets & Policy

Contract awarded for New Zealand’s first big battery

New Zealand is set to have its first big battery by 2024, after Meridian Energy awarded a contract to build the 100 MW / 200 MWh Ruakākā Battery Energy Storage System to Saft, a subsidiary of TotalEnergies.

Independent review finds Australia’s criticised carbon credit scheme ‘sound’

The independent review into Australia’s carbon credit scheme has concluded that the scheme is not fundamentally flawed, but could be improved by greater transparency and changes to its governance.

Labor outlines reform package for Australia’s ‘biggest climate policy’

Proposed changes to one of Australia’s most consequential emissions reductions policies, the Safeguard Mechanism, have been announced by Federal Energy Minister Chris Bowen. “This is the biggest climate policy that they nation will be debating this year so it’s very important it’s done right,” Glenn Walker, head of advocacy and strategy at Greenpeace Australia Pacific, told pv magazine Australia.

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Commercial landlord begins battery foray following major solar rollout

Major shopping centre landlord, Vicinity Centres, has teamed up with Enel X to potentially deploy up to 50 MWh of cumulative energy storage capacity. The partnership kicks off with two battery fit outs in Victoria and New South Wales, and follows a $73.2 million (USD 50 million) solar rollout across Vicinity’s shopping centres.

Four global trends in solar and storage in 2023

A review of recent solar and storage related trends as seen by IHS Markit.

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WA land allocation advances plans for 26 GW renewable energy hub

British energy giant BP’s plans to build one of the world’s largest renewable energy and green hydrogen hubs in remote Western Australia has received a significant boost with the state government allocating land that supports the development of the proposed 26 GW project.

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First ore shipment sails from NT lithium mine to China

Australian miner Core Lithium has made the transition to lithium producer with 15,000 tonnes of unprocessed ore from its Finniss mine in the Northern Territory now heading to China where it will be converted into materials for the global renewable energy storage and electric vehicle markets.

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UNSW researchers say solar needs to slim down on silver

New research from the University of New South Wales outlines the need for solar cell and module makers to reduce or eliminate the use of silver in their products. Based on expected PV growth, in line with climate change commitments, solar manufacturers would require at least 85% of global silver reserves, according to the new study.

Weekend read: Puerto Rican resilience

Before Puerto Rico had a chance to recover from Hurricane Maria, in 2017, it was rocked by earthquakes and then, in September 2022, the island was struck again – this time by Hurricane Fiona. These disasters severely impacted Puerto Rico’s infamously fragile power grid, but have emboldened local communities to take power into their own hands through solar and battery storage, and increasingly in the form of microgrids. Compelled by catastrophic circumstances, Puerto Rico must now push toward energy resilience and in the process may see itself become a model not just for other islands, but mainland grids as well.

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Pioneering solar researcher hails funding ‘turnaround’

World-leading solar researcher UNSW Scientia Professor Martin Green says that PV research activities in Australia right across the value chain will be accelerated by the recent $41.5 million (USD 28.5 million) funding awards from the Australian Renewable Energy Agency. The funding will foster the development of ultra-low-cost solar by extending and expanding nine UNSW solar research programs.

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