European warehouses store 40 GW of unsold solar panels
Rystad Energy says that about €7 billion ($7.8 billion) of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
GoodWe unveils new inverters for C&I applications
China-based GoodWe has developed two new solutions – the ETC 100 kW hybrid inverter and the BTC 100 kW retrofit battery inverter – for commercial and industrial solar applications.
Philippines allocates 1.97 GW of PV capacity in renewables auction
Through the procurement exercise, the GEA-BEAC allocated 1,870.8 MW of ground-mounted PV capacity and 90 MW of floating solar power. The selected developers will secure 20-year power purchase agreements.
St Baker to build 1.2 GWh battery plant in Philippines
The founder and deputy chair of Australian-based investment firm St Baker Energy Innovation Fund plans to establish a lithium-ion phosphate battery manufacturing plant in the Philippines with annual production capacity of 1.2 GWh by the end of the decade.
Traditional owners team with ACEN to target 3 GW of renewables
The traditional owners of Yindjibarndi lands in Western Australia have struck a deal with Philippines-based energy giant ACEN Corporation to develop more than 3 GW of wind, solar and battery storage in the state’s Pilbara region.
Korean giants advance Queensland hydrogen plan
The consortium partners behind an export-scale green hydrogen and ammonia production facility planned for north Queensland will advance the mega project from concept to feasibility stage after signing a formal heads of agreement.
Keppel part of push behind 3 GW green hydrogen project
The Queensland government has reaffirmed that Singapore-headquartered Keppel Infrastructure has joined the consortium of Australian and Japanese energy companies seeking to develop a 3 GW renewable hydrogen project near Gladstone on the central Queensland coast.
Japan’s Inpex secures 50% share in Enel’s Australian solar portfolio
Japanese oil and gas giant Inpex has struck a deal to buy 50% of Italian utilities giant Enel Group’s Australian renewable energy platform, Enel Green Power Australia, handing it joint control of a solar farms portfolio that includes 254 MW of installed capacity and another 170 MW of renewables under construction.
Rio Tinto teams with Sumitomo to build hydrogen plant
Resources giant Rio Tinto will team with Japanese industrial heavyweight Sumitomo Corporation to build a green hydrogen production plant on Queensland’s central coast as part of a $111 million (USD 74.64 million) ‘world first’ project which aims to lower carbon emissions from the alumina refining process.
South Korean power giant joins 50 GW West Australia green hydrogen project
An international consortium planning to build a 50 GW renewable energy hub in Australia’s southwest has signed an early agreement with Korea’s largest electricity utility to advance the development of what would be one of the world’s largest green hydrogen production facilities.
