News

Allegro Energy, an Australian startup seeking to commercialise research into microemulsions to make non-toxic electrolytes that are cheaper “by factor of 100,” has commissioned a pilot-scale manufacturing line for supercapacitors in Newcastle, NSW.

A report from consultancy Climate Energy Finance finds that Australia and New Zealand have a more than $10 billion (USD 6.7 billion) pipeline of investment proposals in resource value-adding critical minerals, including in lithium, nickel, cobalt, vanadium, rare earths, hydrogen electrolysers, green ammonia, and value-added downstream battery developments.

Australia’s rooftop solar capacity has passed the 20 GW threshold, according to analysis from solar consultancy SunWiz. Solar will subsequently overtake coal-fired capacity in April, when a New South Wales coal power station closes – making PV the country’s largest power generator.

In recent years, global renewables developer BayWa re has been turning its attention to the Asia Pacific, expanding into Southeast Asia. Junrhey Castro, the company’s director of solar distribution in Southeast Asia, sat down with pv magazine Australia to discuss its experiences in the emerging markets of the Philippines, Thailand, Malaysia, and Vietnam.

Sono Motors, a solar electric-vehicle manufacturer in Germany, has terminated its Sion passenger car development program, as it has failed to secure enough funding to support pre-series production. It says it will now focus exclusively on retrofitting and integrating its patented solar technology into third-party vehicles.

Adani (1,755 MW), NTPC (1,618 MW), and Avaada (1,383 MW) were the top developers by projects commissioned in 2022, according to Bridge To India’s latest report.

After consistently raising the price of its Powerwall home battery system since 2018, Tesla has finally dropped its recommended retail price to $14,599 (USD 9,818), a substantial $1,631 reduction.

Only weeks after announcing its plan to build a lithium-ion battery gigafactory in Geelong, Australia-based startup Recharge Industries has bought collapsed battery maker Britishvolt – doubling its manufacturing ambitions. The takeover resuscitates Britishvolt’s gigafactory play in northern England, and means the little known startup now holds two significant battery making projects.

Global solar developer Lightsource bp is reportedly testing buyer interest in five Australian projects, hiring Macquarie Capital to run early-stage market soundings on the deal which could potentially be worth around $1 billion (USD 670 million).

Atlassian CEO Mike Cannon-Brookes’ family fund Grok Ventures is among the initial investors in Canberra-based Infradebt’s Energy Transition Fund. The fund will finance six to eight grid-scale battery projects with a total capacity of up to 2 GW.