A consortium led by tech billionaire Mike Cannon-Brookes’ Grok Ventures and including green energy investment manager Quinbrook Infrastructure Partners has been successful in acquiring the giant $35 billion Sun Cable renewable energy project.
Australia’s largest grid-connected urban microgrid has been officially commissioned with a new rooftop solar-powered system atop Swedish homewares giant Ikea’s Adelaide store already delivering more than 70% of the store’s energy needs and providing grid support for the South Australian network.
Solar has been described as the “star performer” by the International Energy Agency which has forecast that global investment in clean energy is on course to rise to $2.61 trillion (USD 1.7 trillion) in 2023, with spending on solar set to eclipse outlays on oil for the first time.
Australia’s push to become a green hydrogen superpower has gained new momentum with the federal and Queensland governments teaming with consortium partners to deliver $117 million (USD 76 million) to progress a 3 GW renewable hydrogen project being developed near Gladstone on the central Queensland coast.
The rise of rooftop solar in Victoria will see all new inverters installed under the state government’s solar and battery rebate programs soon required to be technically capable of remotely updating and enacting dynamic export limits to allow network companies to manage the export of rooftop solar back in to the grid.
The new series comes in seven versions, with power outputs between 560 W and 590 W. The power conversion efficiency ranges between 21.7% and 22.8%
China exported 154 GW of PV modules, 24 GW of solar cells, and 41 GW of wafers in 2022. In 2026, annual cell and wafer exports could hit 230 GW and module shipments could reach 149 GW, according to Wood Mackenzie.
The numbers behind headlines of billion dollar cost blowouts and delays to New South Wales’ energy transformation appear foggy at best, with unexamined sources seemingly leading to widespread misreporting.
US space agency NASA has discovered that perovskite solar cells tested in space exhibit less degradation than reference devices tested on Earth. The agency acknowledged that it is uncertain about the specific factors in the space environment that contributed to the superior performance of the perovskite absorber film.
Sungrow’s new power optimiser has a rated input power of 600 W, a maximum efficiency rating of 99.4%, and a weighted efficiency of 98.8%. It can accommodate up to 30 modules per string.
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