Australia

The cataclysmic bushfire season ravaging the nation is a reminder of the risk climate change poses to Australia’s economic and social prosperity. An international roadmap to freedom from fossil fuels by 2050 produced by the U.S.’ Stanford University says Australia needs another 280 GW of solar and tens of billions of dollars of investment to turn down the heat.

By this time next year we may be able to wave goodbye to that old chestnut about renewables endangering security of supply. Elsewhere, the price of lithium – and the products it goes into – could go either way after tanking this year.

Battery innovations started to come thick and fast this quarter as the hunt for alternatives to lithium-ion intensified and the latest slew of solar tenders indicated the relentless pressure on solar power generation costs was showing no sign of abating.

Storage has long been expected to be the handmaiden of a renewable energy world and its long awaited advances started to finally emerge in the third quarter as researchers posited R&D achievements ranging from potentially potent tungsten disulfide nanotubes to the business case for 10-year solar panels.

The first part of pv magazine’s review of 2019 considers Q1, when solar early adopter Italy offered an optimistic start to the year by fleshing out its plans for PV but uncertainty still clouded the world’s biggest solar market. The potential for household solar installations to rocket the world over – helped by ever cheaper panels – prompted strategic decisions in the inverter market and analyst expectations were confounded as the cobalt and lithium price plummeted, bringing the EV revolution a big step nearer.

Evergen, a solar and battery optimization specialist, and battery supplier Solar Service Group have joined forces to connect thousands of residential batteries across Australia. By delivering significant benefits to consumers, the joint venture hopes to boost the uptake of home batteries across the nation.

Japanese utility Kansai Electric Power has extended a demonstration project with Australian P2P energy pioneer Power Ledger to track renewable energy certificates and trade PV-generated electricity.

The Australian state of Tasmania has approached international investors to present its unique potential for the production of hydrogen from renewable sources, as it aims to position itself at the forefront of the nation’s green hydrogen push.

The Australian Renewable Energy Agency has announced AUD 15 million ($10.3 million) in research funding to investigate end-of-life issues for PV modules. Ultimately it is hoped that the research will increase solar PV efficiency while lowering costs.

A global study has found that Australia lacks interest in electric vehicles, due largely to the impedimental admixture of cost, range anxiety, and a lack of charging options.