Australian solar module manufacturing at scale is close to reality after SunDrive achieved an above 99% copper plating production yield in the same week as signing an MoU with Capral Aluminium, driving certainty into Australia’s manufacturing capability.
For the seventh year in a row, a CSIRO report has found renewables have the lowest cost range of any new-build electricity generation technology, with solar and wind coupled with firming technologies like batteries remaining the standouts.
The Australian government has provided up to $475 million in additional finance to Perth-headquartered Iluka Resources to meet revised capital costs of building its $1.7 billion Eneabba Rare Earths Refinery project in Western Australia.
Smaller solar manufacturers have been shuttering production lines, but not at a pace fast enough to return profit margins to healthy territory. InfoLink’s Amy Fang considers what lies ahead for PV companies in the near term.
Tokyo-headquartered renewable energy company Bison Energy Australia has won an engineering, procurement and construction tender for two solar farm projects through a Victorian government tender for utility Goulburn Valley Water.
Deployment of solar panels, battery systems, heat pumps and electric vehicle chargers is driving a $25 million commitment by the Clean Energy Finance Corporation to ensure multi-tenant buildings aren’t left behind in the clean energy transition.
France-headquartered renewables developer Neoen has sold its Victorian assets in operation or under development for $950 million to Sydney-based asset manager HMC Capital, which includes the 128 MW Numerkah solar farm and 300 MW Victorian Big Battery.
Western Australia-headquartered renewable energy developer Yindjibarndi Energy Corporation has received development application approval for the proposed 150 MW Jinbi solar farm in the Pilbara region.
The pacific island nation of Tuvalu is on track to achieving its goal of 100% renewables by 2030, with the recent commissioning of a 500 kW rooftop solar project and 2 MWh battery energy storage system in it’s capital Funafuti.
The Australian Energy Market Operator’s new and first national electricity market transition to renewables system security plan is future proofing the grid well ahead of a time when rooftop solar could potentially meet 100% of NEM demand.
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