Markets & Policy

The new StorEnergy centre – supported with a $4.4 million Federal Government grant – will produce battery materials on a commercial scale and seek to increase knowledge and develop innovative solutions for Australia’s energy needs.

Described as “historic”, the draft outlines the future climate protection course of the European Union. Overall, the EU should become climate neutral by 2050, and trigger €1 trillion in investment. €1 billion is expected to be made available for the transition. This is to be formalized in a climate law in the coming months. Although solar was noticeably absent in the draft, plans have been detailed by SolarPower Europe as to how it could be included.

The PV manufacturer announced the development of the new solar panels, which feature new M12 series monocrystalline wafers, at a conference on Thursday in the Chinese city of Ningbo. The 50-cell modules are actually slightly bigger than 72-cell designs with 156.75 mm wafers, it said.

To fill the gap left by retiring coal-fired plants, the Australian Energy Market Operator forecasts that Australia should invest in a further 30-47 GW of new large-scale wind and solar projects by 2040. At the end of the outlook period, AEMO projects that distributed energy resources could provide up to 13% to 22% of total underlying annual NEM energy consumption.

Queensland gets its first 100% electric delivery vehicle as Ikea’s newest form of transport hit the road.

The Australian Renewable Energy Agency (ARENA) is set to aid small businesses become more sustainable with the announcement of expanded funding for the Sustainable Australia Fund (SAF). The funding will help to provide more access to renewable energies and other low-cost energy-efficient upgrades for local businesses.

Tasmania has approached international investors to present its unique potential for the production of hydrogen from renewable sources as it seeks to emerge at the forefront of the nation’s green hydrogen push.

New South Wales (NSW) Energy & Environment Minister Matt Kean’s address at the Smart Energy Council’s (SEC) National Smart Energy Summit was full of sharp statements and strong solar support.

The Australian Renewable Energy Agency has announced $15 million in research funding to investigate the end-of-life issues for solar PV panels. Ultimately it is hoped the research increases solar PV efficiency and lowers the cost.

Trade body SolarPower Europe’s preliminary statistics suggest this could be the continent’s best year for PV since 2010, with capacity additions set to soar 104% year on year. Spain is leading the way with an expected 4.7 GW of new solar, followed by Germany, with 4 GW.