solar au

The Northern Territory government remains upbeat about the future of the $30 billion-plus (USD 20.7 billion) Australia-Asia PowerLink project despite the company behind what would be the world’s biggest solar and energy storage project having abruptly entered voluntary administration.

Philippines-based energy company ACEN Corporation plans to capitalise on Australia’s “unparalleled renewables potential” after securing a $277 million (USD 191 million) loan facility which it says will be accelerate the delivery of an 8 GW clean energy portfolio that includes solar, wind, battery storage and pumped hydro.

Australia’s renewable energy credentials will be showcased on the world stage with Adelaide announced as the host city of the 2024 International Renewable Energy Conference, one of the most prominent events on the global clean energy calendar.

A government-backed incentive scheme established to accelerate the introduction of distributed solar energy storage in the Australian Capital Territory is to be wound up having achieved its target of subsidising the installation of about 5,000 batteries over the past seven years.

A 110 MWp Queensland solar farm that is fully constructed and currently undergoing hold-point testing is one of a trio of PV assets that Greece-based industrial conglomerate Mytilineos has secured finance for as it looks to further establish its position in the Australian renewable energy market.

British energy giant BP’s plans to build one of the world’s largest renewable energy and green hydrogen hubs in remote Western Australia has received a significant boost with the state government allocating land that supports the development of the proposed 26 GW project.

Australian miner Core Lithium has made the transition to lithium producer with 15,000 tonnes of unprocessed ore from its Finniss mine in the Northern Territory now heading to China where it will be converted into materials for the global renewable energy storage and electric vehicle markets.

Construction has started on France-headquartered renewable energy developer Neoen’s fifth grid-scale battery in Australia with contractors commencing work on the 200 MW/400 MWh Blyth Battery storage system in South Australia’s mid-north.

New research from the University of New South Wales outlines the need for solar cell and module makers to reduce or eliminate the use of silver in their products. Based on expected PV growth, in line with climate change commitments, solar manufacturers would require at least 85% of global silver reserves, according to the new study.

Chinese manufacturer Huasun launched a new line of five heterojunction (HJT) solar modules in 2022, with power outputs ranging from 680 W to 700 W. The company has now added a new 715 W module to the series.