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First came craft beer and distributed brewing. Consumers developed a taste for local niche brews, and the number of small breweries in Australia exploded, stealing market share from industry giants.

Now comes solar power and distributed energy, with craft brewers across Australia looking to source their own home-grown electricity in place of grid offerings.

The cost of rooftop solar installations has been steadily falling in recent years, as the technology matures and the production of panels, led by China, expands rapidly.

Globally, solar is now the largest source of newly installed power generation as of 2016. So, what does this mean for Australian manufacturing businesses?

Large-scale solar generation currently costs around $60-70/MWh to produce, with prices predicted to fall to around $50-$55/MWh in the next few years.

In comparison, retail electricity charges are around $200 – $300/MWh, with most contracts towards the higher end of this range.

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Packaging News

A new PET plastic recycling facility, set to be the largest of its kind in Victoria, will be built in Altona North by a cross-industry partnership between Pact Group, Cleanaway, Asahi Beverages and Coca-Cola Europacific Partners (CCEP).

One of the country’s leading innovators in packaging printing and a giant of the local industry, Charles Hanna OAM, passed away over Christmas.

To accelerate its global expansion, Australian automation and technology solutions company Agito Group has entered a joint venture with Hilton Food Group. Agito CEO Emma Townsend will lead the new entity.