Report shows South Australia on path to 100% renewables
South Australia is closing fast on its target to be powered by 100% net renewables by the end of the decade with new data revealing a combination of wind and solar energy provided a daily average of almost 70% of the state’s electricity needs last financial year.
Solar power costs continued to fall in 2021, despite rising panel prices
The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.
Global electrolyser market to reach 8.5 GW by 2026
GlobalData has predicted that the global electrolyser market will hit 8.52 GW by 2026. BP and Thyssenkrupp have agreed to cooperate on the use of hydrogen in the steel sector, while electrolyser supplier Nel Hydrogen has secured orders in Australia and Denmark
The real value of energy storage
An international research team has developed a new way to evaluate the economic value of energy storage technologies. They went beyond pure cost assumptions to consider the benefits that such technologies could bring to energy systems.
Enel & Australian company mull lithium mining in Italy
Enel and Vulcan Energy are looking at the potential for lithium mining at a site near Rome.
There’s big money in recycling materials from solar panels
Recycling solar panels keeps them out of landfills, but also provides much-needed raw materials with Rystad Energy projecting a value approaching AU$118 billion (US$80 billion) by 2050.
Australia & US sign energy agreements to mitigate China over-reliance, ensure supply chains cannot be weaponised
Speaking at the Sydney Energy Forum, leaders from Australia and the US have highlighted the importance of not only transitioning to renewables, but of ensuring the supply chains used to make the technologies do not remain as concentrated as they are today.
GE turns to Australia for critical renewable materials
US giant General Electric (GE) has signed an agreement with Australia’s Arafura Resources, provisionally agreeing to offtake from the company’s flagship Nolans Project in the Northern Territory, which is aiming to become a major supplier of critical materials for wind turbines and electric vehicles.
Spanish giant plans $26 billion investment in Australian renewables following government change
Spanish energy and construction giant Acciona plans to massively expand its investment in Australian renewable projects over the next five years, following the new federal government’s pledge to upgrade national electricity transmission networks.
Vietnamese government fears legal action from solar investors
The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.
