Malaysia opens its renewable energy market to PPAs, cross-border trade
The Malaysian government is developing a new strategy to expand renewable energy use in the country and also boost the domestic renewable energy industry.
Australia to invest $2 billion in hydrogen
The Australian government has presented its 2023-2024 budget, with $2 billion (USD 1.35 billion) to be invested in hydrogen, while Austria, Germany, and Italy said they have started moving forward on a southern hydrogen corridor from North Africa to Northern Europe.
Influx of new companies and products enter Australia’s battery market
Battery companies hoping to get a foothold in Australia’s rapidly growing storage market were the main exhibitors at the Smart Energy Conference held in Sydney last week, outnumbering solar companies almost two-to-one. Pv magazine Australia looked at what is on offer and who the new hopefuls in the battery space are.
New entrants to Australia’s utility-scale and commercial battery market
While Australia’s home battery market seems to have attracted most of the interest from newcomers, there has been some significant new developments in the commercial and utility-scale space. Pv magazine Australia examined the new products and companies in the commercial and utility battery storage space on display at the Smart Energy Conference.
WA backs big batteries to support energy transition
The West Australian government will plough almost $3 billion (USD 2.03 billion) into renewable energy generation, storage and transmission projects with modelling revealing more than 50 GW of new generation and storage capacity will be required in the state’s main electricity grid within the next 20 years.
India’s green hydrogen demand to reach 2.85 MMT/year by 2030, says USAID
A new report from the South Asia Regional Energy Partnership (SAREP) of the United States Agency for International Development, better known as USAID, says India’s green hydrogen demand will reach 2.85 million metric tonnes (MMT) per year by 2030.
US solar installers list Qcells, Enphase as top brands
An industry survey led by SolarReviews and NABCEP found two-thirds of solar installers expect high electricity prices to drive demand.
Construction completed on NSW’s biggest battery to date
Construction has been completed on what is, for now, New South Wales’ largest battery system. The 150 MW / 300 MWh Riverina and Darlington Point energy storage systems are made up of three co-located units and owned by private equity fund manager Federation Asset Management and Edify Energy.
Clean energy takes centre stage in federal budget, industry reactions
The Albanese Labor government has delivered its 2023 – 2024 budget, placing energy front and centre. The budget takes the government’s total spend on making Australia a renewable superpower to $40 billion (USD 27 billion). While many in the industry have applauded the budget, there are some glaring contradictions.
Key takeaways as big batteries in Australia hit 1 GW
Australia recently hit it first gigawatt of big battery storage, with another 40 GW in the projected pipeline. During the Smart Energy Conference, Marija Petkovic, founder and managing director of Energy Synapse, looked at what we’ve learned so far.
