World

Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.

Researchers from Monash and the University of Queensland have developed a nanofiltration technology to extract lithium from low-grade saltwater brines with high magnesium content. “Our technology achieves 90 percent lithium recovery, nearly double the performance of traditional methods, while dramatically reducing the time required for extraction from years to mere weeks,” researcher Dr Zhikao Li said.

While Australia continues to be a revelatory solar market internationally, it lost its place in the top 10 solar installers globally in 2023, the IEA PVPS team reports. According to Renate Egan, Executive Director for the Australian Centre for Advanced Photovoltaics, it is the first time in 30 years Australia has dropped off that list. “What’s sad is that the rest of the world is now taking off and investing in solar and we’re falling behind,” she said at Melbourne’s All Energy on Thursday.

A group of scientists conducted a literature review of almost a hundred fast maximum power point tracking algorithms. They extracted ten representative algorithms and showed which of them works best under different scenarios.

Energy Vault, a Swiss company which initially entered international markets with gravity-based storage technologies before expanding into lithium batteries, has signed a $350 million (USD 234 million) agreement with Australian developer Enervest to deliver a 1 GWh lithium battery for a site in Stoney Creek, NSW.

JinkoSolar and Trina Solar have separately reported that on-field testing shows tunnel oxide passivated contact (TOPCon) solar modules outperform p-type back-contact PV modules in monthly power generation.

Australia tops the leaderboard for reducing its use of unabated fossil fuels and increase in clean power through sources like solar energy, and faster than electricity demand, according to the International Energy Agency’s World Energy Outlook 2024 report.

The Chinese PV manufacturer said its new module series has a power conversion efficiency of up to 24.8% and temperature coefficient is -0.26% per C.

The International Energy Agency says renewables are on course to meet almost half of global electricity demand by 2030, with solar accounting for 80% of the growth in capacity.

There are thousands of extraordinarily good pumped hydro energy storage sites around the world with extraordinarily low capital cost. When coupled with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and rapid response. Storage is a solved problem.