Opinion & Analysis

Renewables are the lowest cost, sustainable solution for Australia’s energy policy crisis and potentially one of Australia’s largest export industries of the future.

Let me be clear: as a developer of utility-scale projects, we are very bullish on bifacial. We see bifacial as the next major evolution in solar module technology. Even if bifacial modules trade at a slight premium for the time being, many manufacturers tell us they intend to make even their monofacial panels with bifacial cells. Once they move their production lines over to bifacial, there won’t be a huge marginal cost difference and the prices will equilibrate – as a result, the module market norm will increasingly evolve to bifacial cell and module technology.

More than 11 million PV inverters will be shipped in 2019 alone, and most of these will be connected to a software platform and controlled by the inverter companies. This creates an opportunity for suppliers to create new models and revenue sources, writes Cormac Gilligan, research and analysis manager at IHS Markit. And indeed, in recent years inverter suppliers have been rapidly developing ‘Internet of things’ software platforms to take advantage of this.

Maximilian Schurade, Director of Technical Marketing Support at Hanwha Q Cells shares his thoughts on the solar industries current trends and challenges ahead of speaking at this year’s Smart Energy Conference and Exhibition in Sydney.

It’s no secret that global energy demand continues to rise, with some estimating an increase of a third by 2040. Meanwhile, writes David Green, Research & Analysis Manager for Smart Utilities Infrastructure at IHS Markit, the energy industry is on the cusp of a 100 year change away from oil and coal hydrocarbons towards renewables and natural gas. Every stakeholder in the industry has a role to play in the energy transition, including within the industrial sector which accounts for 50% of global energy consumption.

Purchasing solar is complex and confusing for customers. They need help in determining which retailers meet higher standards of service and will provide a comprehensive whole-of-system warranty, whose marketing claims can be trusted and whose directors haven’t run other dodgy solar companies that avoid their obligations and rip people off.

As data drifts in, 2018 is shaping up to have been a record-breaking year for battery energy storage, writes IHS Markit senior analyst Julian Jansen. Especially for front-of-the-meter projects, which experienced rapid growth. This growth was led by significant activity in South Korea, the United Kingdom, the United States, Australia, and China, which together accounted for 78% of battery energy storage projects commissioned in 2018, according to the Q4 2018 edition of the IHS Markit “Energy Storage Company and Project Database.”

IEEFA supports new bill prohibiting the opening up of thermal coal mining in Queensland’s Galilee Basin

Climate change means more storms, bushfires and extreme weather events. Our energy system must adapt to this changing climate. Victoria is well on the way to meeting its renewable energy targets thanks to a range of policy measures.

As 2018 draws to a close, it is worth reflecting on another extraordinary year for the Australian renewable energy industry.