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Markets & Policy

Elon Musk wins SolarCity lawsuit, avoids $2.8 billion judgment

Business magnate Elon Musk has avoided what would have been the largest judgment in US history on an individual executive.

US body cuts PV forecast 46% due to anti-circumvention investigation

The latest update to the Solar Energy Industries Association’s (SEIA) survey for solar workers and companies shows drastic outcomes for the industry if tariffs are imposed on countries under investigation.

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Origin Energy buys up 900 MW Yarrabee Solar Farm

Origin Energy’s ambition to accelerate the growth of its renewable energy portfolio saw progress this week with the acquisition of the pre-construction 900 MW Yarrabee Solar Farm. Origin’s new renewable expansion strategy took shape after conceding in 2021 that its fossil fuel business was haemorrhaging under the strain of low renewables prices.

Queensland critical battery minerals project receives $5.2 million federal grant

The Commonwealth government’s Critical Minerals Accelerator Initiative has awarded a $5.2 million grant to Canberra and Brisbane-based Lava Blue, a company seeking to improve the processes of valuable minerals from vanadium pentoxide processing waste, particularly high purity alumina.

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Solar panel glut causing messy ‘false economy’

Global solar supply chain issues and the Chinese energy crisis which hit in the second half of last year have, ironically, led to a “massive” oversupply of solar panels in Australia, according to major distributors. The tension between increased global panel costs and the glut of them within Australia has led to some messy pricing and strange market dynamics on the ground.

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Battery fire at Salt River Project in the US

Fire crews in Chandler, Arizona, sent robots into a building at the Salt River Project where a 10 MW battery was smouldering.

PV in the circular economy: modelling tool helps predict flow of solar materials

PV ICE uses the latest data from the solar industry to model the flow of PV materials over the next several decades, helping to predict the effects of different market trends, technological developments, and government policies.

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Green ammonia low-hanging fruit for India’s hydrogen economy

A new report from IEEFA says green ammonia could help India significantly reduce its trillion-rupee fertiliser subsidy bill and cut dependence on liquefied natural gas (LNG) imports for fertiliser production.

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Megafund acquires three east coast solar farms in takeover of Elliot Green Power

Global investment manager Igneo Infrastructure Partners will acquire Elliot Green Power, along with its solar and storage portfolio, via its Australian business, Atmos Renewables.

Over half of Australian solar installers move into storage as top industry brands named

The amount of solar installers offering storage solutions grew considerably in 2021 and promises to surge again this year, according to an annual survey by EUPD Research. The research centre has also released the top three 2021 brands for solar modules, inverters and storage in the Australian market, offering insights into where companies are buying equipment and which segments are seeing the most growth.

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