Markets & Policy

Solar manufacturer Maxeon Solar Technologies has teamed with Adelaide-headquartered solar panel collection and recycling company Reclaim PV Recycling to recover and recycle SunPower branded solar panels in Australia.

Australia is setting out to become a global hydrogen superpower – but the standards we’re applying to classify ‘green’ renewable hydrogen are falling well behind our global peers and the expectations of future customers. The heart of the problem is “we’ve separated the characteristics of energy from the energy itself,” Steve Hoy, founder and CEO of power tracing technology company Enosi, tells pv magazine Australia.

Melbourne’s Monash University will conduct a $1.18 million study into alternative market designs which better support energy storage technologies and drive clearer investment signals.

Energy efficient homes, like those with solar panels, fetch, on average, a premium of over 17% in Australia – though that figure grows to 28.9% in Queensland and 24% in Victoria, according to a report from real estate company Domain.

Rooftop solar installations may now be conducted by multiple installers, the Clean Energy Regulator (CER) announced today. The rule change will afford companies more flexibility as CER continues tightening its surveillance of the rooftop industry.

While curtailing solar and wind energy production can be viewed as a lost opportunity, NREL argues that it may be an important feature in the future energy grid dominated by low-cost renewable energy.

Australian renewable energy and storage developer Genex Power has confirmed it is the target of a takeover bid having received an unsolicited offer of more than $300 million from a consortium of private equity firms led by Australian technology billionaire Scott Farquhar’s Skip Capital.

The Australian Capital Territory government has firmed its commitment to deliver one of the largest battery storage systems in the Southern Hemisphere to support Canberra’s energy grid and the continued uptake of renewables with funding allocated in the upcoming budget to progress the Big Canberra Battery project.

Italian utilities giant Enel Group is reportedly looking to sell a substantial share in its Australian renewable energy platform, Enel Green Power, to help fund an estimated 3.6 GW development pipeline in the country.

India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.