WA to charge royalties on natural hydrogen projects
With the regulatory scaffolding around natural hydrogen starting to be erected across the country, the Western Australian government has confirmed it will charge a royalty on hydrogen extracted from underground geological formations, otherwise known as natural or gold hydrogen.
Heat pumps installs up 70% but large-scale forecasts downgraded with just 0.5 GW reaching FID in H1
A major jump in small-scale air source heat pump installations has been illustrated by the Clean Energy Regulator’s latest Carbon Market Report. Australia’s large-scale renewables segment, however, is languishing with the Regulator knocking its 2023 final investment decision (FID) forecasts down from 3.5 GW to 2.5 GW. Just a 0.5 GW has reach FID in 2023 so far.
Tesla proposes battery storage factory in India
Tesla has submitted a proposal to the Indian government to set up a Powerwall battery storage factory in India.
Solar module price falling, with no end in sight
Solar module prices have never fallen so sharply in such a short period of time. One reason for this is the “PV module glut” in warehouses in Europe, according to pvXchange’s Martin Schachinger.
Vanadium miners merge to make most of battery mineral
Vanadium explorers Technology Metals Australia and Australian Vanadium Limited will look to accelerate the development of the critical battery mineral in Western Australia after agreeing to a merger of their adjoining projects in the state’s mid-west.
BZE backs shared infrastructure to slash cost of clean energy shift
Economic modelling published by independent think tank Beyond Zero Emissions shows that establishing clean industry hubs and servicing them through shared infrastructure such as transmission lines could save Australian taxpayers millions.
Victoria rolls out bulk solar rebates as part of all-electric push
A new $10 million (USD 6.42 million) grants initiative that eliminates the need for Victorian companies that install solar panels, solar hot water systems and heat pumps at scale to apply for individual rebates is now open for expressions of interest.
Funding boost to progress Port Bonython green hydrogen plans
Plans to develop a large-scale green hydrogen production and export facility at Port Bonython in South Australia have received a significant boost with the state and federal governments investing $100 million (USD 64.4 million) to develop infrastructure that will support the proposed $593 million project.
H2EX’s Australia ‘natural hydrogen’ survey set for Q4
The International Energy Agency has warned that lagging policy support, rising costs, and supply chain disruptions threaten the profitability of low-emission hydrogen, meanwhile the Commonwealth Scientific and Industrial Research Organisation (CSIRO) has identified hydrogen seeps in South Australia.
China solar cell prices hit record lows
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
