A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to hub success. For Australia to play the same game, it will have to leverage its wealth of resources, and clean up its act along the way.
The world’s biggest solar PV and storage project has suffered a setback after a Singapore electricity retailer which had lined up to be a foundation customer for the renewable energy generated by Australia’s $26 billion Sun Cable project announced it will cease operations amid a record-breaking spike in electricity prices.
The French energy group has invested an undisclosed sum in Vietnam’s SkyX Energy. The goal is to install 200 MWp of C&I PV rooftop capacity in the country.
Australia’s largest wholesale solar distributor is expecting shortfalls of supply coupled with 20% to 30% cost increases as a result of the energy crisis in China. The situation in Australia is particularly fragile, pv magazine Australia was told, with our low pricing and the comparable size of our market not playing to our favour in the global battle for solar supplies.
The 210 mm module can reach a power output of up to 703.6 W and a power conversion efficiency of 23.08%. The result was confirmed by Germany’s TÜV SÜD.
China’s president has detailed plans to accelerate the planning and construction of large-scale wind and PV projects in desert areas, while Wuxi Shanghai announced new granular silicon and nano-silicon production capacity expansions.
India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.
Makati-based Solar Philippines has said it saw the potential of solar six years and is now aiming to help other companies accelerate the nation’s energy transition.
China’s coal crunch looks set to see the nation turn to the Australian coal it has kept stranded via its year-long unofficial import ban. The news isn’t great for CO2 emissions, but could ease the significant impacts being felt by the Chinese solar industry.
Singapore-based VFlowTech has secured funds to scale up manufacturing of its vanadium redox flow batteries. The company currently offers three modular products that can be scaled to multi-megawatt-hour systems.