Markets & Policy

On September 7, the country that consumes more power than any other nation introduced green energy trading. Two regions in China, Beijing and Guangzhou, were selected for the initial introduction of what will become the national green power trading market. Although it is still a pilot program, the market is expected to have far-reaching impacts on China’s energy transition away from coal. What do you need to know about it? Vincent Shaw in Shangahi sets out the details.

The Australian Government has set a goal of producing solar electricity for a third of today’s costs, declaring that “ultra low-cost solar” will be critical to achieving its long-term emissions reduction plan.

The inverter and battery manufacturer said it has been sitting on a record order backlog for the current three month window and the opening quarter of the new year, which may in part be down to a long Covid shutdown at its Vietnamese production base.

Brett Redman, the former CEO of Australian energy utility AGL has been named as the new chief executive officer at electricity network operator Transgrid.

The continuous rise in solar panel prices may affect PV projects of up to 1 MW tendered by the Korea Energy Agency and the domestic solar module industry may not be able to provide the necessary production capacity to respond to the recent supply bottleneck.

Patriot Hydrogen has become the latest company to partner with the fast growing Singapore-based hydrogen-via-gasification outfit, CAC-H2.

In the coming weeks, Western Australian mining-cum-materials recovery company Neometals will begin testing at its newly commissioned battery recycling demonstration plant in Hichenbach, Germany, the product of a joint venture with SMS Group. The Primobius facility, as it’s named, has already garnered considerable attention and is a finalist in 2022’s prestigious German Sustainability Award. “We want Primobius to be the preeminent recycler in the world,” the company’s managing director, Chris Reed, told pv magazine Australia.

Solar Philippines will tap stock market investors to back the first section of a solar project in Luzon it says will eventually be the largest in the region.

Less than a year ago and energy market analysts Cornwall Insight Australia projected a battery energy storage pipeline of 7 GW. This week the firm has updated its outlook and puts Australia’s current pipeline of proposed projects at over 26 GW. What is more, the technical lifetime of these assets is increasing too.

Australia broke solar installation records across all rooftop sectors in 2020, solidifying its “remarkable” position in the global solar market with the highest per capita capacity at over 810 watts per person.