News

Scientists in Russia have developed a new wide-band optical absorber called ‘black silicide’ which they claim is more adjusted to match AM-1.5 solar spectrum with theoretically higher photogenerated current density. It could be used for tandem operation in photovoltaic devices.

Australian renewable energy and storage developer Genex Power has confirmed it is the target of a takeover bid having received an unsolicited offer of more than $300 million from a consortium of private equity firms led by Australian technology billionaire Scott Farquhar’s Skip Capital.

The Australian Capital Territory government has firmed its commitment to deliver one of the largest battery storage systems in the Southern Hemisphere to support Canberra’s energy grid and the continued uptake of renewables with funding allocated in the upcoming budget to progress the Big Canberra Battery project.

Having established a strong foothold in the Australian market with its solar PV panels, Chinese manufacturer JinkoSolar is now seeking to expand its influence in the energy storage space with the launch of its modular Suntank home battery storage system.

Australian energy major AGL has announced that Victoria’s largest hydropower scheme will undergo a $40 million expansion in a move designed to improve energy security and help support the state’s continued uptake of renewables.

Italian utilities giant Enel Group is reportedly looking to sell a substantial share in its Australian renewable energy platform, Enel Green Power, to help fund an estimated 3.6 GW development pipeline in the country.

India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.

US startup New Use Energy Solutions has launched a new line of portable PV systems built with a module technology relying on Sunpower’s solar cells. The modules are assembled in the system via a custom vinyl tarp.

Despite polysilicon shortage-induced high module prices, the market saw strong demand in the usually slower summer season this year, due to the global race to net-zero emissions. Corrine Lin, chief analyst at PV InfoLink, expects demand to reach 240 GW, with China and Europe set to contribute more than 80 GW and 50 GW, respectively. Together with the United States, which has paused the introduction of new solar tariffs, the three largest markets will dominate nearly 70% of global demand.

Australian renewable energy start-up Canyon Solar has unveiled a prefabricated solar PV shade structure for commercial carpark applications that it claims can be installed at least three times faster than traditional systems and outcompetes rooftop solar PV on a dollar-per-watt basis.