Asia

The Australian arm of Philippines-based energy company AC Energy has secured a $100 million loan facility which will be used to accelerate the development of clean energy projects in Australia with the company seeking to grow its renewables capacity to 20 GW by 2030.

Researchers in China have reported a colourisation strategy for solar based on photonic glass. They created solar panels that took on blue, green, and purple hues, while only dropping the efficiency of power generation from 22.6% to 21.5%.

Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF.

Hygenco will build, own and operate a multi-megawatt green hydrogen facility for the long-term supply to Jindal Stainless Ltd, one of the largest stainless-steel conglomerates globally.

Researchers at the Gwangju Institute of Science and Technology (GIST) have developed a broadly applicable and versatile post-electrode-engineering process. It can be applied to a range of conventional anodes to improve their stability.

ROTH Capital Partners reports 3 GW have been seized under enforcement of the Uyghur Forced Labor Prevention Act.

Deutsche Bank has revealed that China’s green finance market surpassed CNY 20 trillion (AU$4.07 billion) in value in the first half of 2022. Haitai Solar has listed shares in Beijing, while Shangji has revealed plans for a new polysilicon project in Inner Mongolia.

Canadian Solar has announced plans to invest in a new solar production base in Qinghai province, while Boamax Technologies has revealed that it will build a new heterojunction solar cell and module factory in Anhui province.

Energy company Shell has completed the acquisition of Solenergi Power, an Actis company owning 100% of Indian renewables developer Sprng Energy. The transaction value is US$1.55 billion (AU$2.22 billion), with half as cash Capex and the remainder as debt obligations.

Scientists in Japan have developed a novel metal-organic, framework-based magnesium ion conductor with superionic conductivity, even at room temperature.