Malaysian oil and gas giant Petronas’ clean energy business Gentari has finalised its acquisition of Wirsol Energy’s Australian renewables assets, including 422 MW of operational capacity across solar and storage facilities, and 765 MW of potential capacity under development.
Australian startup Relectrify aims to scale up the adoption of its highly efficient and cost-effective battery storage technology after attracting financial backing from a group of international heavyweights including Japanese car giant Toyota’s venture capital firm.
China’s Longi claims that its new ALK Hi1 electrolyser can produce hydrogen with an energy content of 4.3 kWh per normal cubic meter. It says the levelised cost of hydrogen could be up to 2.2% lower than other electrolysers on the market.
South Australia will launch exports of green hydrogen to Indonesia later this year with works commencing on a multi-million-dollar production facility being developed in the northern suburbs of Adelaide.
In response to growing demand, Trina Solar has revealed plans to ramp up ingot capacity at a new factory in Xining, in China’s Qinghai province.
Wafer prices rose by between 24% and 36% this week, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
Polysilicon prices started to rise in the second half of January, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
Malaysian researchers have developed a system that can absorb heat from PV modules and transmit it to a nanofluid, in order to transform it into thermal energy and use it for different applications. The panels have an overall efficiency of 89%.
Singapore-based vanadium redox flow battery maker VFlowTech has raised $14.4 million (USD 10 million) as part of a Series A funding round. It will use the capital to set up a 200 MWh vanadium flow battery factory for the production of its 250 kWh product.
The budget signifies the government’s intent to drive domestic manufacturing of lithium battery cells as it waives customs duty on the import of machinery required for manufacturing these cells. It also continues with nil customs duty on critical inputs for solar manufacturing. The budget also aims to support large-scale battery storage projects through viability gap funding.
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