Policy

Polysilicon capacity is unable to catch up with rapid capacity expansion in the mid and downstream segments, writes Corrine Lin, chief analyst for PV InfoLink. New polysilicon capacity requires big capex investment and a lead time of more than two years to complete construction and reach full operation. With unbalanced capacity between the upstream and downstream segments, polysilicon prices have been rising since the second half of 2020, with prices for mono-grade polysilicon surpassing CNY 200/kg (US$27.40) in June 2021, up more than 250% year on year.

The highly polarised debate regarding renewable energy and action on climate change that has too long been a feature of the Australian political landscape could change, and change quickly, says Saul Griffith. The entrepreneur, scientist, and energy analyst is adding author to his job description next month with the release of his book “Electrify”, and he’s betting on a rapid transformation of the discussion within Australia as the advantages of “electrifying everything” become clear.

The Australian Renewable Energy Agency has responded to the federal government’s decision to expand its mandate to include ‘low-emission technologies’, unveiling a new investment plan that provides for the financing of a broader range of technologies including some using fossil fuels.

The Ramahyuck District Aboriginal Corporation has won over $1 million in funding from the Victorian Government for the development of a 4.9 MW solar farm, as well as several other community arrays. This is a win for Indigenous self-determination and a proven long-term income and employment stream which will help to “enable a healthy, strong and vibrant Aboriginal community”.

The Queensland government will pour more than $580 million into increasing electricity network capacity and replacing ageing assets as part of a $52.2 billion infrastructure program designed to transform the state into a renewables, advanced hydrogen and manufacturing superpower.

Europe plans to introduce a Carbon Border Adjustment Mechanism in two years, requiring importers to pay a carbon price on steel, iron, aluminium, cement, electricity and fertiliser initially. Experts explain what the changes will mean for Australia’s export future, and just how little the legality debate matters.

As part of the Western Australian government’s 2021-22 Budget, Premier Mark McGowan announced a new $50 million fund to stimulate the growth of the state’s green hydrogen industry for domestic use and exports. The fund comes on top of several ongoing initiatives and includes funding for private industry feasibility studies, including one which will see bp repurpose its Kwinana Oil Refinery into a green fuels hub.

Australia is currently staring down a suite of reforms which could stifle our rapid and sensible transition to clean energy.

Hive Energy, Ethical Power Group and Solar South West have set up a joint venture they hope will lead to 350 MW of utility scale installations in a country which does not suffer from grid congestion and which appears to have an energy transition-friendly administration.

The European Union’s proposed carbon border tax on imports of energy-intensive goods could push up prices of steel, aluminium and raw materials, which could add costs to the supply chain for solar PV installations. In the longer run, however, the border tax could also offer solar PV manufacturers new opportunities to source materials with a lower carbon footprint.