Solar panel and system prices are on the decline in Australia, but figures from industry analyst SunWiz show that a growing number of Australian households are opting to forgo savings in search of higher generation capacity.
Resources giant Rio Tinto has signed Australia’s largest corporate power purchase agreement (PPA) to date. It has agreed to buy 100% of the output from European Energy Australia’s 1.1 GW Upper Calliope Solar Farm to provide renewable power to its aluminum operations in the state of Queensland.
New South Wales electricity distributor Ausgrid is exploring the potential of solar-powered microgrids to enhance energy security for communities during extreme weather events.
The Clean Energy Investor Group has warned that solar farms in southwestern New South Wales and northwestern Victoria could suffer from “large and unpredictable” swings in revenues due to material changes in marginal loss factors.
As electrolysis is gaining traction in the markets, European and US companies announce new hydrogen projects in the heavy mobility sector. Meanwhile, UK-based solid oxide electrolysis cell (SOEC) tech developer Ceres Power signed a global long-term agreement with Delta Electronics.
Frontier Energy has revised its strategy for the first stage of the proposed Waroona Renewable Energy Project, now under development in Western Australia, to include a four-hour, 80 MW battery energy storage system, in a move that is expected to offer significantly better economic outcomes than solar alone.
The DeGrussa solar and battery hub in remote Western Australia – the largest integrated off-grid solar and battery storage facility in Australia when it was deployed – has reached end of life, says asset owner Neoen.
Scientists in Turkey determined the optimal tilt angle for agrivoltaic projects associated with different crops in the central Mediterranean region, and other regions with similar latitude and climatic conditions.
Solar fences are starting to gain traction in European and North American markets, with figures from energy software specialist Gridcog suggesting that vertical bifacial solar could also be technically and economically viable in Australia.
Australia currently has about 40% renewable electricity, mostly solar and wind. This is not causing wholesale spot prices to change, nor destabilizing the grid. On current policy settings, the country will reach 82% renewable electricity in 2030.
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