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.
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.
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.
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.
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.
Solar product detentions at U.S. ports of entry all stem from a June 24 “Withhold Release Order” issued by Customs and Border Protection.
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.
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.
Halide perovskites combined with conventional silicon could help solar break the 26% efficiency barrier – disrupting the technology without disrupting business systems.
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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