Markets & Policy

pv magazine Australia’s Natalie Filatoff reports on the benefits of planning vast solar project pipelines, and the barriers faced by those who dare to dream big.

South Australia has become the first jurisdiction in Australia to approve network connection of vehicle-to-grid technology in a residential setting, providing electric vehicle owners with the opportunity to send energy stored in their car’s on-board battery back into their own homes or the electricity grid.

Singapore-based electronics giant Flex announced that its subsidiary, Nextracker, has publicly filed a registration statement for an initial public offering.

The U.S. Patent Trial and Appeal Board has issued a favourable decision for Hanwha Q Cells over REC Solar’s patent claims. The court has ruled that the contested claims of REC’s U.S. patent were not patentable. The decision is similar to those in courts in China and Europe, according to Q Cells.

With global demand for new energy storage soaring and nations and companies racing to secure battery metals supply chains, a series of major investments in Australia and Australian lithium mining companies is expected to accelerate the nation’s transformation into a critical minerals powerhouse.

Longi Solar said it will invest CNY 42.5 billion ($9.4 billion) in 100 GW of wafer capacity and 50 GW of solar cell capacity in Shaanxi province, China.

In the last years, warranties on solar panels have ballooned up to 40 years, but far from inspiring trust, these documents can end up eroding it. Described as a “hand grenade,” some installers claim manufacturers’ unrealistic installation manuals and poor claiming processes leave them in the lurch when equipment breaks. “I think its the biggest threat to the longevity of my business,” Mark Cavanagh, owner of Queensland-based MC Electrical tells pv magazine Australia.

Queensland-based ReNu Energy will acquire up to a 20% stake in fellow Brisbane company, startup Vaulta, which has developed battery casings designed for reuse and recycling. Vaulta will use the eventual $1 million (USD 700,000) investment from ReNu to scale its manufacturing capability and expand domestic and offshore sales.

“Gentailer” Origin Energy has granted the consortium behind its $18.4 billion (USD 12.8b) takeover bid, led by Brookfield Asset Management and US private equity firm EIG Partners, an extra week of exclusive due diligence. Neither reason nor timeline were offered by Origin’s brief ASX statement, fuelling concerns about the highly-priced deal.

Geelong is set to become home to a $300 million (USD 210 million) lithium-ion battery gigafactory. Recharge Industries, part of a portfolio from US fund Scale Facilitation, is aiming to start construction by the end of the year, targeting 2 GWh of production annually in 2024 and 6 GWh by 2026. The company is reportedly aiming to produce batteries without using Chinese materials, and appears to be part of a deepening supply chain play between Australia and the US.