A team of Australian researchers have developed a way to use rooftop solar PV to run air conditioners to pre-cool residential and commercial buildings. They have identified several factors that could help reduce a building’s energy costs.
Construction has commenced on a $45 million grid-scale battery storage system that will support further uptake of solar PV among households and businesses in the Northern Territory and help the government achieve 50% penetration of renewables into its energy supply by 2030.
Ravi Verma, senior executive vice president of Avaada, told pv magazine the group will invest US$5 billion (AU$7.18 billion) in an integrated green hydrogen and ammonia plant with 6 GW of captive renewables capacity. The green ammonia facility will have a production capacity of 1 million tonnes per year.
The electrification of transportation is set to boost the need for solar energy buildout.
Unprecedented volatility in global commodity markets, disruption to logistics and supply chains, and unrelenting growth has driven up the cost of Li-ion batteries since the middle of 2021. Sam Wilkinson and Oliver Forsyth of IHS Markit expect to see rapid manufacturing expansion that will still struggle to keep up with demand, and ultimately lead to the establishment of a smaller group of battery-makers specialized in supplying stationary energy storage systems.
Tasmania is on track to reach its renewable energy target after a registration of interest process revealed 25,000 GWh of new large-scale renewable generators and energy storage projects are currently seeking approval for development in the island state.
The University of Technology Sydney has outlined details of a solar PV project it says demonstrates the potential of commercial and industrial rooftop space for use as solar farms with benefits beyond satisfying the host building’s energy needs.
New modelling has found Australia will require about 40 times the total generation capacity of today’s national electricity market, including an estimated 1,900 GW of solar PV, to deliver on its net-zero ambitions by 2050.
The two will study the scaling and integration of fuel cell systems for stationary power generation.
State-owned NHPC and Bharat Electronics Ltd will leverage their complementary strengths to set up a gigawatt-scale vertically integrated solar manufacturing unit.
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