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Markets & Policy

Territory targets more solar as work begins on $45 million big battery

Construction has commenced on a $45 million grid-scale battery storage system that will support further uptake of solar PV among households and businesses in the Northern Territory and help the government achieve 50% penetration of renewables into its energy supply by 2030.

$7.2 billion investment in green hydrogen, ammonia plant in India from Avaada

Ravi Verma, senior executive vice president of Avaada, told pv magazine the group will invest US$5 billion (AU$7.18 billion) in an integrated green hydrogen and ammonia plant with 6 GW of captive renewables capacity. The green ammonia facility will have a production capacity of 1 million tonnes per year.

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California to ban petrol car sales by 2035

The electrification of transportation is set to boost the need for solar energy buildout.

Weekend read: Strong case for energy storage, despite rising costs

Unprecedented volatility in global commodity markets, disruption to logistics and supply chains, and unrelenting growth has driven up the cost of Li-ion batteries since the middle of 2021. Sam Wilkinson and Oliver Forsyth of IHS Markit expect to see rapid manufacturing expansion that will still struggle to keep up with demand, and ultimately lead to the establishment of a smaller group of battery-makers specialized in supplying stationary energy storage systems.

Tasmania reveals 25,000 GWh pipeline of renewable energy projects

Tasmania is on track to reach its renewable energy target after a registration of interest process revealed 25,000 GWh of new large-scale renewable generators and energy storage projects are currently seeking approval for development in the island state.

UTS seeks to unlock urban roof space for solar farms

The University of Technology Sydney has outlined details of a solar PV project it says demonstrates the potential of commercial and industrial rooftop space for use as solar farms with benefits beyond satisfying the host building’s energy needs.

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Report reveals massive renewable energy expansion needed to hit net zero target

New modelling has found Australia will require about 40 times the total generation capacity of today’s national electricity market, including an estimated 1,900 GW of solar PV, to deliver on its net-zero ambitions by 2050.

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Polysilicon-to-solar module gigafab in planning for India

State-owned NHPC and Bharat Electronics Ltd will leverage their complementary strengths to set up a gigawatt-scale vertically integrated solar manufacturing unit.

NSW releases new guidelines for large-scale solar

The New South Wales government has moved to smooth the way for the development of large-scale solar farms in the state as the energy sector continues to transition from fossil-fuel generation towards renewables-based electricity.

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CEFC points to ‘critical’ infrastructure as part of investment strategy

Australia’s Clean Energy Finance Corporation has identified transmission and grid infrastructure as a key focus as it looks to build upon more than $10 billion of clean energy commitments in its first decade of investments.

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