Markets & Policy

Australian technology start-up Infravision will team with New South Wales network operator Transgrid in a trial of a “next generation” line-monitoring system designed to optimise the performance of existing electrical transmission infrastructure and support the roll out of more renewable energy.

New South Wales network operator Ausgrid has signed an agreement with Simply Energy which will see the Melbourne-based energy retailer operate the electricity distribution company’s three community batteries in the National Energy Market.

Adani Solar revealed a monocrystalline silicon ingot this week at the Intersolar India 2022 expo. It produced the ingot at its Mundra facility in the Indian state of Gujarat.

While the efficiency of solar cells will always be important, scaling innovation in sustainable cell technology and solar deployment, is the new game in town. With hydrogen exports and production of green metals in its sights, Australia has some breakthrough tech coming down the pike, as pv magazine Australia’s Natalie Filatoff reports.

Australia’s national science agency has urged the government to develop a domestic solar manufacturing industry with a new report warning that the current highly concentrated international silicon and PV cell supply chains pose real risks to the nation’s energy security and independence.

Australia’s energy ministers have unanimously agreed to establish a capacity investment mechanism that they anticipate will unleash at least $10 billion (USD 6.7 billion) worth of investment and at least 6 GW of renewable energy generation and storage to stabilise the grid as the nation’s ageing coal-fired power plants exit the energy market.

The renewable energy sector (solar and wind) recorded project finance deals worth INR 33,893 crore ($6,832 million) in 2021. No new project finance for coal was reported.

South Korean steel producer Posco Group will invest $60 billion (USD 40b) in Australia by 2040 across the green steel supply chain, including in renewable generation, electrolysis and steel making processes.

A poll of more than 2,000 Australians has found 78% agree the federal government should expand the national rooftop solar subsidy to include household battery storage. The concept has floated around for the last years, most notably in the form of a federal bill tabled by independent MP Helen Haines, but may have an uptick of support amid spiralling energy prices.


Squadron Energy, part of the Forrest’s family’s Tattarang Group, has acquired one of Australia’s biggest renewables players, CWP Renewables. The deal, reportedly worth more than $4 billion (USD 2.7b), came as something of a surprise with Squadron’s bid undetected beside highly publicised offers from Iberdrola, Tilt Renewables and Origin.