Rooftop solar supplied a record 60% of total generation in the New South Wales market on Sunday, when new low points were also set for demand for electricity from the grid.
Newcastle based clean-tech company Allegro Energy has secured $1.85 million in federal government funding to help bring its redox flow battery technology to mass production.
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
Radovan Kopecek, an expert on back-contacted (BC) solar cell and module technologies, spoke with pv magazine about BC manufacturing costs, efficiency and technical challenges. He believes that global BC solar module manufacturing capacity could reach 1 TW by 2030, potentially making BC products the industry’s mainstream technology. Kopecek added that 2028 will be a crucial year for its development, as most of the critical patents associated with this module tech will expire.
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
South Australian solar solutions company Venergy Solar has completed a multi-rooftop solar installation in eight weeks, in partnership with the City of Playford on seven of its council-owned buildings.
Utility-scale solar installations reached 182 GW (AC) in 2024, with the top 33 countries now accounting for 765 GW, or roughly 93% of the global total, according to Wiki-Solar.
Energy storage solutions company Energy Vault will supply the Victorian government with 100 MW / 200 MWh battery energy storage system for its state electricity commission renewable energy park development.
The Clean Energy Q4 2024 report finds solar generation reaching financial commitment or commencing construction totalled 1,139 MW, and overall clean energy investment was at a record high.
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
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