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Markets & Policy

China’s cumulative PV capacity tops 322 GW

In other news, Zhonghuan Semiconductor announced it will begin selling 210 mm n-type wafers and the local government in Zhejiang Province said it wants to deploy another 12.4 GW of new PV by 2024.

Albanese vows to transform Australia into clean energy ‘superpower’

Incoming Australian prime minister Anthony Albanese has promised to make the nation a “renewable energy superpower” in the wake of Labor’s federal election victory at the weekend.

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IEA report confirms Australia remains a solar PV stronghold

Australia remains among the solar capitals of the world with a new report from the International Energy Agency revealing the country leads the way in PV penetration and ranks No.1 in the world for installed solar PV per capita with 990W per person.

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IGO-Tianqi JV claims ‘Australian first’ lithium milestone

Australian miner IGO is claiming an Australian first in its joint venture with China’s Tianqi Lithium after producing battery grade lithium hydroxide, a key component in rechargeable battery technology, at its Kwinana refinery in Western Australia.

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Indian state of Madhya Pradesh to host 1.4 GW solar park

A new solar power plant will be developed on 2,800 hectares of land near a temple in the Indian state of Madhya Pradesh. It is expected to be operational within a year.

EU wants rooftop PV mandate for public, commercial buildings by 2027, residential by 2029

The president of the European Commission, Ursula von der Leyen, has announced a mandate for rooftop solar on commercial and public buildings by 2027, and for residential buildings by 2029. The EU target for renewable energy has been increased from 40% to 45%.

Cannon-Brooks cements stance ahead of AGL demerger vote

Australian energy major AGL’s plan to split the company in two are in jeopardy with software billionaire and climate activist Mike Cannon-Brookes’ Grok Ventures cementing a more than 11% stake in the power producer in a bid to stop the demerger.

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Consumer watchdog sounds warning for LG-branded home batteries

The Australian Competition and Consumer Commission has issued a call for homeowners to urgently check their residential energy storage systems amid a national recall of some LG-branded batteries which may overheat and ignite.

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Updated standard means change for rooftop solar installers

Australia’s rooftop solar industry has undergone a significant change with a new national standard that removes the requirement for rooftop PV installations to include a DC isolator now in effect.

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$150 million loan scheme delivers 20MW rooftop solar rollout

A $150 million loan scheme introduced by the Australian Capital Territory government has sparked an uptake of rooftop solar in Canberra with more than 20MW of new solar PV rolled out across roofs in the nation’s capital.

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