South Korean steelmaker to invest $60 billion in Australian green steel ventures
South Korean steel producer Posco Group will invest $60 billion (USD 40b) in Australia by 2040 across the green steel supply chain, including in renewable generation, electrolysis and steel making processes.
Panasonic unveils vehicle-to-home system for PV-powered homes
Panasonic claims that its new vehicle-to-home system can increase the self-consumption rate of residential solar and storage capacity to 90%.
Domestic supply chains would ‘benefit significantly’ from addressing modern slavery
On the back of the Covid-19 pandemic, geopolitical conflict and allegations of forced labour in sectors critical to the renewable energy transition, awareness of supply chain insecurity has rarely been higher. Seeking to strike while the iron is hot, the Clean Energy Council and law firm Norton Rose Fulbright have published a white paper arguing that Australia’s own renewable energy supply chains could “benefit significantly” by a more concerted effort to address modern slavery.
Weekend read: the scramble for lithium
Electric vehicle and stationary energy storage companies have experienced battery cell shortages this year. InfoLink predicts overcapacity in 2024, but the concentration of production in China means customers elsewhere are mulling deals with miners.
Philippines increases net-metering size limit for renewables to 1 MW
New provisions in the Philippines define interconnection standards, the certification of compliance requirements, and pricing methodologies, among other matters.
Polysilicon prices trending downward
PV InfoLink says polysilicon prices are clearly starting to fall. Meanwhile, Longi has lowered the prices of all wafers, and JA Solar has unveiled plans to build a new 10 GW factory.
Risen, Longi announce new solar factories
Risen and Longi have revealed plans to each build 10 GW factories, while Canadian Solar has reported solid earnings and Daqo has secured a big polysilicon order.
REC Group rolls out new solar module for rooftop market
Norway-based solar manufacturer REC Group has commenced production of the fifth generation of its TwinPeak module series, offering improved power outputs from 395 W to 415 W and efficiencies ranging from 20.1% to 21.1%.
ReNu completes capital raise to progress Australian, Indonesian green hydrogen projects
Queensland-based ReNu Energy has announced “firm commitments” for a capital raising of $4.5 million (USD 3 million) which it says will progress its green hydrogen projects in both Brighton and Launceston in Tasmania, as well as in Indonesia’s Riau Archipelago.
Sunova Solar releases 575 W n-type PV panel with 22.2% efficiency
Sunova Solar is offering five versions of its new solar panels, with power outputs from 555 W to 575 W and efficiencies ranging from 21.4% to 22.2%. They have a temperature coefficient of -0.31% per degree Celsius.
