Oceania

The Australian energy storage company is planning the acquisition of SolarReserve Australia II, owing three solar sites in Australia. 1414 Degrees is about to create a huge solar park with 400 megawatts of photovoltaic capacity and a few thousand MWh of thermal storage.

The government has been seen as slow to act on climate change, while Labor offered an ambitious carbon reduction policy.

The advanced solar integrated window glass developed by ClearVue has been approved for the United States’ market, which provides the Australian manufacturer with vast global market prospects.

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.

The latest study published by the International Renewable Energy Agency says the average solar electricity cost of $0.085/kWh produced by projects commissioned last year is set to fall to $0.048 next year, and $0.02-0.08 by 2030.

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.