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.
2.5 MW of solar is being deployed at three project sites in Papua New Guinea, with commercial operations likely to begin within nine months. The installations will provide power in the island province of New Ireland at lower prices, while also improving access to electricity.
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.
Tasmania’s ambitions of becoming the “battery of Australia” improved following early reports on the proposed Marinus Link, a second interconnector between the states of Tasmania and Victoria, which show that the project’s economic advantages far outweigh expected costs.
With almost a decade having passed since electric vehicles hit public roads, the price of battery packs has dropped 87% since 2010, according to a report by Bloomberg New Energy Finance. With rising efficiency and evolving supply chains, the market research group suggests cumulative demand will bring prices down to parity with internal combustion engine vehicles by 2024.
The transformation of South Australia’s energy system has taken another step forward with early site works at a green hydrogen facility near Adelaide. The plant will integrate what is billed as Australia’s biggest electrolyzer of its kind.
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