Markets & Policy

Australian maritime hydrogen company Poseidon Marine H2 says it expects to have a hydrogen-powered boat in Australian waters within the next 18 months after bringing on board the principal engineers from Dynamic Efficiency.

China’s largest state-owned grid operator and power utility plans to deploy the world’s biggest battery fleet and almost quadruple its pumped hydro storage by 2030, thus supporting the nation’s switch to renewable energy sources.

A new report by JMK Research and IEEFA says Indian solar manufacturers need to create a strong foundation for sustainable development overall by integrating raw materials and impetus to R&D in their plans, rather than focusing solely on output.

The potential early retirement of Eraring has been the talk of the market the past week. Many of our customers have been asking what the impacts of the retirement might be on the acceleration or development of new renewable capacity in NSW and potential storage projects. In this Chart of the week, we look at the effect of the lost generation from Eraring and how that capacity might be filled.

Two industry experts have provided analyses of the current polysilicon price scenario in a chat with pv magazine and both agreed that polysilicon demand is still growing faster than supply. The price may decrease starting from the second quarter and reach more reasonable levels by the end of the year.

Fortescue Future Industries’ plans to establish a 2GW renewable energy infrastructure-manufacturing facility and a separate 50,000 tonne green hydrogen production facility in Queensland have reached a major milestone with state-owned network operator Powerlink agreeing to connect the project sites to its transmission network.

The deployment of standalone power systems in the National Electricity Market is expected to accelerate after the Australian Energy Market Commission this week published new rules allowing distributors to install the renewables-based technology in the five market jurisdictions.

More than 3 million Australian households and small businesses have voluntarily installed rooftop solar systems but a local council in New South Wales is looking to mandate the continued rollout, investigating the potential for all new homes built in its region to be required to have solar PV panels on the roof.

Adani Group and the Canada-based PEM fuel cell producer will examine various options to cooperate, including potential collaboration for hydrogen fuel cell manufacturing in India.

A cohort of 25 New South Wales councils has signed a renewable energy supply deal worth an estimated $180 million that will see the local government associations supplied with electricity sourced from three of the state’s large-scale solar farms.