India and Australia sign letter of intent on solar, ‘clean’ hydrogen
India and Australia have signed a letter of intent to cooperate on scaling up the manufacture and deployment of ultra-low-cost solar and “clean” hydrogen.
100MW of modules detained in the US under Hoshine WRO released
Shipping containers storing roughly 100MW of LONGi solar modules have been released, reports ROTH Capital Partners in an industry note, while Trina has had the vast majority of its detained product released, if not all of it entirely.
The battle for AGL heralds a new dawn for Australian electricity
Two events in the past week mark a watershed for Australia’s electricity industry.
Major installer’s home battery sales surge by 400%
Australian company Natural Solar has seen a 400% increase in battery installs across Australia within two years. The company’s CEO Chris Williams told pv magazine Australia that Victoria has led demand, growing 350% in the second half of 2021 alone. Williams believes the surge has been driven by several compounding factors.
Australian solar thermal company shortlisted as global ‘pioneer’
Australian concentrated solar thermal power company Vast Solar has been shortlisted as a finalist for BNEF’s Pioneers 2022 program.
Panel recovery plants using European tech to open in Queensland ahead of national rollout
Queensland will soon be home to two solar recycling and materials recovery plants after Solar Recovery Corporation announced its partnership with La Mia Energia, an Italian consortium which has developed a panel recycling process it claims can recover up to 99% of raw materials. The partnering companies are planning to expand across Australia in the next two years.
Climate-driven billionaire to pursue AGL takeover despite board rejection
AGL has this morning rejected an “unsolicited” $8 billion takeover bid from software billionaire Mike Cannon-Brookes’ Grok Ventures and Canadian fund manager Brookfield. Cannon-Brookes described the consortium as “disappointed” by AGL’s decision, saying it will continue to “move forward” with the bid which would dramatically accelerate coal retirements in Australia.
ARENA opens $128m funding round for fleets to switch to electric & hydrogen vehicles
ARENA has opened round two of its Future Fuels Program, allocating $127.9 million in funding to support fleets to shift to new zero emissions vehicles over the next four years, be that electric, hydrogen, or biofuels.
India introduces green hydrogen policy
The Green Hydrogen Policy is designed to promote green hydrogen and green ammonia projects with provisions like a 25-year waiver of inter-state transmission system (ISTS) charges and ISTS connectivity priority for renewable energy capacity set up for the purpose.
Eraring early closure sparks calls for co-ordinated approach
Origin Energy’s announcement that it is accelerating the closure of Australia’s largest coal-fired power station has triggered calls for the Federal Government to develop a nationally co-ordinated approach to manage the retirement of fossil fuel generation as well as support investment in new clean energy generation.
