News

Construction is set to commence on the 250 MW Kidston Pumped Hydro Storage Project later this month after developer Genex Power announced it had secured all the financing required to progress the $775 million project.

South Australia’s electricity distributor SA Power Networks has announced plans to introduce new ‘flexible’ export limits for rooftop solar PV in some areas of the state in a bid to manage the growing amount of distributed energy resources and associated network congestion.

Three Dutch political parties have brought the forced labour issue to Parliament and have asked the Minister for Foreign Trade and Development Cooperation, Sigrid Kaad, to report on the matter.

The cell reached 26.0% efficiency and showed open-circuit voltage values of up to 732 mV. It was fabricated with a back junction (BJ) design with a full-area p-n-junction at the back surface.

Jordanian government officials have met with a delegation from Fortescue Metals Group to discuss investment opportunities in green hydrogen and ammonia, although details of the meeting remain scant.

Greek energy company Mytilineos and its subsidiary Metka EGN continue to put down roots in the Australian market, signing a Power Purchasing Agreement which will allow construction to commence on its 23 MW extension to Wagga Wagga North Solar Farm. The extension comes after the company was fined in January for breaching its Aboriginal Heritage Impact Permit by commencing works without first notifying Heritage NSW, leading to the destruction of Indigenous artefacts.

A new study from the Lappeenranta University of Technology predicts solar may even achieve a 69% share for total primary energy supply by the end of the first half of the century. In terms of price, solar PV is expected to achieve a capex of €246/kW-installed (AU$385/kW-installed) for utility scale projects, and of €537/kW (AU$840/kW) for residential arrays by 2050. The levelised cost of energy (LCOE), however, is expected to remain constant over the next three decades, as the energy transition will also be implemented with storage technologies, increased flexibility and the production of synthetic fuels.

Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are both expected to grow significantly in the months ahead.

U.S. company Group 14 Technologies has announced it will launch factory capable of producing 120 tons per year of its innovative silicon-carbon-based anode material for lithium-ion batteries. The factory is located at Group 14’s headquarters in Washington and is the first of several planned by the company.

Greater dispatchability will be required from solar as it becomes increasingly mainstream worldwide, or investors could experience diminishing returns as a victim of the technology’s success at bearing down on electricity prices.