While the world’s biggest solar manufacturers are confident there are plenty of alternative markets for a rising volume of panel exports, the message spelled out by first-quarter shipment figures is that protectionism works.
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
Sharp has released three new high-efficiency mono-PERC solar panels. Ranging from 300 W to 370 W, the five-busbar modules are designed for use in a range of applications, from residential PV projects to large commercial installations.
Green hydrogen has been exported from Australia to Japan, under a trial executed by researchers from JXTG, Japan’s largest petroleum conglomerate, using Queensland University of Technology’s cutting-edge solar cell facility at the Redlands Research Facility on the Gold Coast. On top of that, the Queensland government has announced $250,000 in funding towards the establishment a renewable hydrogen production pilot plant.
The module maker and electronics giant is testing the feasibility of a complex virtual power plant with a blockchain platform provided by US-based LO3 Energy.
Coal miner Glencore is failing investors in its latest forecasts.
Despite political hurdles in key markets including China, India and Japan, Asia-Pacific remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
Marubeni has revealed plans to halve its 3 GW global coal-fired power portfolio by 2030, and double its holdings of renewable energy within the next five years.
Low emissions hydrogen offers significant exporting potential for Australia, and could contribute $1.7 billion to domestic economy annually, shows a new report released by the Australian Renewable Energy Agency (ARENA). A separate briefing paper released by the Australian government’s Chief Scientist, Dr Alan Finkel, describes hydrogen as Australia’s next multibillion dollar export opportunity.
Tesla’s batteries may soon be Made in China. The announcement was made by Panasonic CEO Kazuhiro Tsuga during a conference accompanying the company’s 2018 fiscal-year results last Friday.
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