Markets & Policy

Rising efficiencies and the plummeting cost of solar modules over the past few years, recent months notwithstanding, are leading innovators toward ideas that may look unusual in the current tracker-dominated world of large-scale solar parks. Advocates of the new approaches argue that they leave traditional models looking decidedly flat by comparison.

The Clean Energy Regulator has recommended major reforms for Australia’s rooftop solar PV industry, including that it be solely responsible for the enforcement of regulations in relation to accredited installers, retailers and component manufacturers.

Price increases, supply chain disruptions, and a series of trade risks are threatening the U.S.’s ability to decarbonise the grid, warned SEIA president and CEO Abigail Ross Hopper.

Global software as a service (SaaS) company, WePower, has today launched its new ‘Incite’ solution, allowing businesses to track and certify their operation’s sustainability through blockchain-enabled technology, ultimately combatting greenwashing. Australia is first cab off the rank for the Lithuanian-headquartered company’s new product suite.

Global hydrogen vehicle maker Hyzon Motors Inc. has confirmed five of its ultra-heavy-duty hydrogen trucks will be used by Korea Zinc’s subsidiary Ark Energy in its Queensland operations from as early as next year.

With pressure mounting on the world’s governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26 climate summit planned in Glasgow in November.

The US$1.28 billion (AU$1.7 billion) plan includes a 3.1 GW production capacity expansion in South Korea, where the company’s solar module capacity will reach 7.6 GW by 2025.

A roadmap to rapid carbon emission reduction has suggested the nation add 2.4 GW of generation capacity next year as part of a 15 GW new-solar target this decade. The claims of solar-plus-storage should be ignored for now, according to a new policy document, because batteries will make PV less competitive with coal.

A couple of years ago Central Queensland, at the heart of coal country and the nexus of manufacturing opportunity, became a beacon to energy advisory firm Energy Estate and international renewables developer RES. Moah Creek Renewable Energy Project, the first stage of their gigawatt-scale firmed renewable energy project is about to be introduced to the community.

The Clean Energy Regulator has issued its second Quarterly Carbon Market Report for the year. Despite Covid and justified investor caution on big renewable projects, indicators from small- and large-scale energy certificate accounting show steady growth.