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Oceania

India and Australia’s richest race to net-zero by 2030

Today, both Reliance and Fortescue are realizing the huge investment, employment, import replacement and export opportunities in zero emissions industries of the future, both for India and Australia. And they look to be leading the way, fully supported by global financial institutions increasingly seeking to deploy trillions of patient capital in low volatility, non-commodity price exposed zero-emissions energy sources of the future.

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The long read: Scaling up standalone power systems

As technology redefines the delivery of network services, grid operators in remote areas the world over are searching for more cost-effective and reliable alternatives to traditional poles and wires. Standalone power systems are the solar application that is at the forefront of the switch, and they’re ramping up fast.

Australian firm partners JSW Energy on green hydrogen projects in India

Australia-based Fortescue Future Industries has partnered with JSW Energy arm on green hydrogen production and application in India. 

India again ranked the world’s most attractive solar market by Ernst & Young

The nation maintained the highest score of 62.7 for solar in the latest edition of Ernst & Young’s renewables attractiveness index. It ranked third for overall renewable energy investment. 

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The long read: A deeper understanding of LeTID

Australia’s University of New South Wales (UNSW) has built a reputation for strong collaboration with the PV industry, from cell passivation through to the causes of degradation. Malcolm Abbott, a senior research fellow, directs one of the UNSW teams that is continuing its work into light and elevated temperature-induced degradation (LeTID). He recently spoke with pv magazine to provide an update.

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WoodMac predicts 30% drop in Asia-Pacific front-of-meter battery costs by 2025

A new Wood Mackenzie report suggests that costs for front-of-the-meter battery storage systems in the Asia-Pacific region could fall by 30% by 2025. The declining costs are already having a palpable impact, as 2021 has opened with a slew of large-scale battery project announcements.

Singapore’s Blueleaf launches in India with the acquisition of commercial solar developer Vibrant Energy

The pan-Asian renewable energy development platform, owned by Australian investment bank Macquarie’s Green Investment Group (GIG), has acquired a majority stake in Hyderabad-based commercial solar developer Vibrant Energy.

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India ranked the world’s most attractive solar PV market by Ernst & Young

The nation has earned the highest score of 62.7 in terms of attractiveness for solar PV investment and deployment in the latest ranking of top 40 countries by Ernst & Young.

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WoodMac says renewable electricity generation in India could be 56% cheaper than coal-fired by 2030

The analyst said currently, India and Australia are the only Asia Pacific countries where renewable power already costs lower than new-build coal. It predicted the trend would spread to the entire region by the end of the decade, while India and Australia would see renewables becoming further cheaper than coal.

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The long read: Capturing complexity through the power of the cloud

Bifacial modules have brought significant opportunities to PV project developers, but they have also increased complexity in system design and the modeling of plant output. Australian software developers PV Lighthouse believe they have created a fix, by allowing the complexity to be handled by the use of cloud computing. PV Lighthouse CEO Keith McIntosh and CCO Ben Sudbury argue that their software can be useful for module makers, tracker suppliers, and PV project developers alike.

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