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Australian energy market

Transforming the Grid with Pole-mounted Batteries: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $4 million of ARENA funding to United Energy to trial the use of pole-mounted batteries to support more rooftop solar and manage peak demand across the low voltage distribution network in south Eastern Melbourne and the Mornington Peninsula. The first of […]

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Scientists Make Bifacial Solar Cell with Record Power Output at 29%

A team of scientists at the Australian National University (ANU) have used laser processing to produce a record-breaking bifacial solar cell with a front conversion efficiency of 24.3% and a rear conversion efficiency of 23.4%, representing a bifacial factor of 96.3%. This performance represents an effective power output of approximately 29%, well exceeding the performance of the […]

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Sicona Secures AU$3.7 M to Expand Battery Supplies Tech

Australian firm Sicona Battery Technologies Pty Ltd has raised AU$3.7 million in a pre-Series A funding round from leading investors to scale battery materials technology globally. This latest capital injection follows the company’s $1 million seed round in July 2020, the award of a $704k ‘Accelerating Commercialisation’ Grant by the Australian Federal Government in November 2020, […]

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AGL & Wärtsilä to Build 250MW Grid-scale BESS in South Australia

Australian integrated energy company, AGL Energy Ltd. will build a 250 MW grid-scale battery energy storage system at Torrens Islands in South Australia. The firm has announced an investment of $180 million to construct its first grid-scale BESS project and the second biggest in Australia. AGL has appointed Finnish technology major in marine and energy […]

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Rooftop PV is Australia’s Second Largest Generator Now, says AEC

At more than 14.7 GW rooftop solar is now the second largest generator by capacity in Australia, according to the Australian Energy Council’s (AEC) latest Quarterly Solar Report. We have reported earlier on how Australia has been one of those rare large markets where rooftop solar had led growth over utility solar. This has been due […]

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Maxeon Launches New PV Module, Extends its AC Series

Singapore-based solar company Maxeon has announced the entry of a new product – Performance 3 AC solar PV module – into its AC portfolio, following the introduction of the Maxeon 5 AC panel in late 2020. AC Energy Solutions combine Maxeon’s solar panel technology with advanced microinverter technology, offering a customizable solar solution to maximize […]

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NSW Govt Gives Go-ahead to 400 MW Solar-Battery Plant in Australia

UPC/AC Renewables Australia has announced that the New South Wales government has granted its approval to the development plans for the 400-MW Stubbo Solar Farm and Battery project in the Orana region of the Australian state. UPC\AC Renewables is a joint venture of UPC Renewables Australia Pty Ltd and AC Energy, part of the Ayala Corp […]

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Solar Generated Maximum Electricity Among all Renewables in Australia

Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […]

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AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia

The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […]

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