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Markets & Policy

Spark accepts $5.2bn takeover bid from American consortium

Australian electricity network owner Spark Infrastructure has accepted a $5.2 billion takeover bid from a North American consortium led by private equity giant Kohlberg Kravis Roberts & Co.

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Two new hydrogen platforms launch to couple industry with customers

Two hydrogen platforms have launched in Australia to connect hydrogen producers with consumers, ultimately trying to catalyse projects and the industry more broadly. The first, NERA’s HyCapability, maps hydrogen capability across Australia, while the other focuses on New South Wales and the developments of its hydrogen hubs.

Energy storage appears to be fully charged for exponential growth

Lithium-based energy storage volumes in the U.S. are expected to grow by multiple orders of magnitude in the coming years, with a 1000% capacity increase by 2023.

How Australia could save almost $7 billion on its energy transition

The risks posed to renewable-energy projects by Australia’s uncertain climate change policies and hamstrung regulators, have become a concerning brake on investment. Adjusting settings to reduce those risks would revitalise investor sentiment and vastly reduce the cost of implementing the country’s switch to renewables, says the Clean Energy Investor Group.

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New net-zero-pursuing investors change Australia’s renewable-energy development game

Imperatives meet opportunity. Corporate and utility goals for sustainability are driving a new group of investors to pick up the Australian renewable-energy resource and run with it. A new PwC report outlines how the new investor-developer partnerships could work.

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US customs enforcement is jeopardising 2.1 GW of solar projects

Solar product detentions at U.S. ports of entry all stem from a June 24 “Withhold Release Order” issued by Customs and Border Protection.

Sunday read: China’s battery storage awakening

China’s efforts to shift electricity generation from a coal-dominated system to a greener mix of renewables is not only centred on wind, solar and other technologies – the country is also rapidly pursuing energy storage. Vincent Shaw reports from Shanghai.

Saturday read: Scaling up standalone power systems

As technology redefines the delivery of network services, grid operators in remote areas the world over are searching for more cost-effective and reliable alternatives to traditional poles and wires. Standalone power systems are the solar application that is at the forefront of the switch, and they’re ramping up fast.

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Perovskite-silicon tandems could rapidly scale solar

Halide perovskites combined with conventional silicon could help solar break the 26% efficiency barrier – disrupting the technology without disrupting business systems.

CEFC to pursue ‘priority areas’ after year of investment firsts

The Australian government’s green bank has reaffirmed its intent to evolve beyond investing in solar and wind, expanding its focus to include green hydrogen, energy storage and transmission projects after finalising a string of investment firsts in the past 12 months.

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