Markets & Policy

The United Arab Emirates is treating Abu Dhabi Sustainability Week, which includes the World Future Energy Summit, as a trial run before the nation hosts the COP28 climate talks in November.

India installed 13,956 MW of solar between January and December 2022. This included 11.3 GW of utility-scale PV, about 1.9 GW of rooftop solar, and nearly 700 MW of off-grid/distributed capacity.

The Australian government has unveiled a $70 million (USD 49 million) investment to aid the development of a green hydrogen hub in the north Queensland city of Townsville as it looks unlock the benefits of an industry which it says could inject an additional $50 billion (USD 35 billion) into the economy by 2050.

Energy management software company SwitchDin will share lessons learned during Australia’s ongoing transition to a two-way power grid with counterparts in the United States after teaming with a coalition of companies to scale up the use of virtual power plants.

Following Risen Energy’s January announcement that the company is starting to mass-produce its n-type heterojunction technology (HJT) hyper-ion solar modules, it has revealed plans to increase production capacity to 15 GW by the end of 2023. Archie Chen, CEO of Risen Energy Australia, says n-type HJT panels will prove the favoured technology over the coming years, facilitating higher performing solar solutions.

The benefits of microgrid technologies will be explored by the Queensland government as it seeks to improve the resilience and reliability of electricity supply for remote and regional communities with an initial $10 million (USD 6.8 million) allocated to support the development of a pipeline of microgrid projects across the state.

Federal Energy Minister Chris Bowen has used the official launch of Australian PV panel maker Tindo Solar’s $11 million production and innovation facility in South Australia as an opportunity to highlight the importance of developing a domestic solar panel manufacturing industry.

Q Cells plans to manufacture 3.3 GW of solar ingots, wafers, cells, and finished modules in a new facility in the US state of Georgia.

The Northern Territory government remains upbeat about the future of the $30 billion-plus (USD 20.7 billion) Australia-Asia PowerLink project despite the company behind what would be the world’s biggest solar and energy storage project having abruptly entered voluntary administration.

Philippines-based energy company ACEN Corporation plans to capitalise on Australia’s “unparalleled renewables potential” after securing a $277 million (USD 191 million) loan facility which it says will be accelerate the delivery of an 8 GW clean energy portfolio that includes solar, wind, battery storage and pumped hydro.