Sunshot gets state backing to deliver Queensland renewable energy zone
The Ross Garnaut-led Sunshot Industries will develop and deliver a renewable energy industrial precinct in central western Queensland which will be linked to large-scale wind and solar projects and provide manufacturing tenants with competitive low-carbon electricity.
CIP buys stake in CWP Global green hydrogen project pipeline
Danish investment group Copenhagen Infrastructure Partners has ramped up its green hydrogen ambitions, acquiring a strategic stake in Europe-headquartered renewables developer CWP Global’s development portfolio of ultra-large-scale green hydrogen hubs, including projects in Australia.
Private investors pump $1.9 billion into WA’s decarbonisation plan
The West Australian government has utilised investor hunger for green bonds to help secure funding for major state government projects geared towards decarbonisation or environmentally sustainable outcomes as it transitions from coal-fired power to renewables.
First Solar showcases pre-commercial bifacial thin-film PV modules
First Solar has announced a limited production run of the “world’s first” bifacial solar panel with a cadmium telluride (CdTe) semiconductor. The pre-commercial Series 6 Plus Bifacial module is making its debut this week at Intersolar Europe in Munich, Germany.
US green hydrogen market set to surge to $2 trillion by 2050, says Deloitte
By 2050, the practice of using renewable energy to electrolyse water and create hydrogen fuel could become a global market of well over USD 1 trillion ($1.47 trillion), according to a new report by Deloitte.
Many First Nations communities swelter without power. Why isn’t there solar on every rooftop?
Over 3.4 million Australian houses now have rooftop solar, often subsidised by government incentives. But in remote First Nations communities in the Northern Territory, you don’t see solar on any rooftops. That’s a real problem.
Australian battery tech start-up targets U.S. market after $22 million funding round
Australian battery material start-up Sicona Battery Technologies will accelerate commercial development plans both here and in the United States after securing financial support from a group of international investing heavyweights for its silicon-composite anode technology designed to improve the performance of lithium-ion batteries.
Israeli developer joins WA green hydrogen project
Western Australian clean energy developer Infinite Green Energy has welcomed Israeli renewables giant Doral Group as an equity partner to develop and build a commercial-scale green hydrogen project that will leverage the existing 11 MW Northam Solar Farm east of Perth.
Mytilineos secures long-term PPA for Queensland solar farm
Greek industrial and energy giant Mytilineos expects the 40 MW Kingaroy Solar Farm being built in southeast Queensland will be operational before the end of the year following the formal execution of a long-term offtake agreement with SmartestEnergy Australia.
Southeast Asia solar markets set for growth this year
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
