Markets & Policy

In other news, DAH Solar announced a 5 GW TOPCon solar module factory in Anhui province and Tongwei further raised the prices of its solar cells.

ARENA today announced 12 projects with a combined capacity of 3 GW are on the shortlist for its $100 million Large Scale Battery Storage Round which aims to support to rollout of storage fitted with grid forming capacities.

Rooftop solar systems are cheaper then centralised ground mounted systems for remote Indigenous communities in the Northern Territory, a new report funded by ARENA and APVI has found. The report, however, did not examine the question of community benefit in its scope – something Alan Langworthy, who has long worked in energy in the NT, told pv magazine Australia is absolutely vital.

A group of 35 French agricultural entrepreneurs decided to change their agricultural practices to adapt to the low quality of their groundwater and chose agrivoltaics as a way to compensate for crop yield losses.

Australia’s largest EV charging network, Chargefox, has been fully acquired by Australia’s motoring clubs via their company Australian Motoring Services.

Australian company AspiraDAC, which uses solar powered Direct Air Capture (DAC) technology to remove carbon from the atmosphere, has been selected to be part of the first round of purchases from Frontier, a program backed by Facebook and Google’s parent companies, Meta and Alphabet.

Macquarie Capital, Moelis and MA Financial Group have been appointed as joint financial advisers to the world’s largest solar farm, battery and undersea electricity cable project, the $30 billion plus Australia-Asia PowerLink Sun Cable project in the Northern Territory.

Indonesian remote islands are increasingly resorting to solar-plus-storage to cover most of their electricity demand. According to new research from LUT University, combining PV with batteries may help islands to cover around 60% of demand with renewable energy.

Global efforts to build energy and transport systems based on lower-emission sources are expected to drive Australia’s mining and energy export revenues to record highs of more than $400 billion for a second consecutive year.

The Victorian government has published its Gas Substitution Roadmap detailing regulatory and policy reform designed to help Australia’s biggest gas-consuming state fast-track its transition towards a renewable energy future and navigate the path to net-zero emissions.