Scientists from the University of Wollongong have developed prototype battery cells based on sodium-ion technology, which the university says can achieve excellent cycling stability and easily be scaled up to mass production.
After the 50 MW Stage 1 solar farm was switched on late last year, the Kidston renewable energy hub has now received a development approval for 270 MW of solar, which is to be co-located with a 250 MW pumped storage hydro project.
Shell’s new report shows a world where solar meets the largest portion of primary energy demand as soon as 2050.
From just a handful of large-scale solar PV projects a few years ago, Australia is becoming one of the world’s fastest-growing markets. With a substantial project pipeline, the country is in the box seat to experience a banner year in 2018, with the 2020 Renewable Energy Target (RET) now in hand and a new policy taking shape for the period beyond.
The first commercial deployment of Power Ledger’s P2P energy trading platform will take place in partnership with energy solutions business Greenwood Solutions, which will be in charge of installing solar across strata units.
The Chinese technology firm has inked an agreement with EPC provider Biosar for a solar farm in Queensland, estimated at around US$ 30 million – a significant deal for the company’s thriving solar PV division.
The German inverter maker sold 8.5 GW of solar PV inverters last year. Revenue, however, dropped by €50 million, while net profit remained flat at €30 million.
Australian solar analyst SunWiz puts Australian residential storage installations at 20,789 for 2017. The number represents a trebling on 2016 and it is the highest among analyst assessments of the market segment.
‘Unprecedented challenge’ for fossil fuels as low LCOE for solar and wind power, allied to tumbling storage costs, sees renewables claim larger share of bulk and dispatchable generation while adding vital flexibility to global energy mix.
A $7.7 million funding initiative for energy retailer Simply Energy to build a second virtual power plant across Adelaide was announced by the Australian Renewable Energy Agency (ARENA).
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