Australia

Genex Power, ASX-listed power generation development company, has secured US$117m of investment for financing a new venture and refinancing an existing facility, both located in Australia, with 50 megawatts of capacity each.

Two famous billionaires from Australia have been announced to invest dozens of millions of dollars in a development of a 10-gigawatt solar park with 20-30-gigawatt-hours of battery storage, with power supply destination in Singapore.

A group of scientists from UOW has created an advanced nanomaterial, which can be a perfect cathode for normal-temperature sodium-sulfur batts, bringing them closer to a targeted large-scale energy storage application.

Utility giant Iberdrola has revealed 400MW of additional large-scale solar it intends to bring forward in Spain, unveiling its 2020 development pipeline in the process.

Seoul-headquartered solar supplier Hanwha charges rivals in the United States, Germany and Australia with having violated its patent. In U.S., Jinko Solar – together with REC and Longi – have requested an intermediate review by USITC. Today, Jinko is expecting the judge to decide in its favor.

Ambitions to construct a 183-megawatt solar park in the southwestern part of Western Australia are most likely to be approved by the end of the week.

Asian Development Bank allocates a grant for the country in South Pacific to help it reach its goal to become fully renewable in 2025.

The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.

PV InfoLink analyzed the key markets of China’s big module manufacturers, as well as product trends, based on export statistics. According to trade figures, the nation’s module exports totaled 34.2 GW in the first half of 2019, up by more than 90% from the corresponding period of 2018. In a nutshell, overseas demand has been strong in 2019.

Adani has put on hold ambitious plans to invest A$2bn-A$3bn in solar plants in Australia, blaming regulatory hitches that it said were causing delays for renewable operators seeking to connect to the National Grid.

To take Australian solar battery storage installation company Solar SG into its next growth phase, a new chairman and chief executive officer have been appointed.

Luminous Energy has commenced connection works on its 162MWac solar farm in Australia, with the developer eyeing up 1.2GW of works across multiple markets.

Sungrow locked in a 100MW residential inverter distribution deal at last week’s All-Energy Australia, the company revealed, bolstering its position in the lucrative market.

The uptake of solar power around the world is certainly a good thing for the planet, but that doesn’t mean it is without environmental consequence either. Some solar panel components are more easily recycled than others, and scientists in Australia may have just figured out how to repurpose one of the trickiest and most valuable: the silicon that serves as its semiconductor.

The Australian utility-scale PV and wind industries have just gone through a record two years of construction and commissioning. More specifically, writes Rystad Energy’s David Dixon, utility-scale PV has transformed from a megawatt-scale market to one measured in gigawatts. The resultant boom in utility-scale PV in the country has attracted developers, EPCs and OEMs, from at home and across the globe.