America should invest in renewable energy not gas-fired power plants
It seems Australia isn’t the only country facing a transition away from coal-fired power dependency towards a move to invest in renewable energy sources. A new report from the Rocky Mountain Institute (RMI) based in Boulder, Colorado, in the United States shows that transitioning from coal to invest in renewable energy makes more economic sense […]
Billionaire Aussie behind Tesla deal says South Australian battery far exceeds expectations
The Aussie software billionaire behind the bet that led Elon Musk to build the giant South Australian battery says so far it has exceeded all expectations. According to Mike Cannon-Brookes, the founder and co-CEO of Atlassian, the battery complex at Hornsdale Wind Farm saved taxpayers a massive $35 million in the first four months. That means […]
NSW renewable energy platform boosts large-scale solar energy storage
Australia’s large-scale solar energy storage will surge ahead thanks to a 1.3 GW renewable energy platform. Partners Group has teamed with CWP Renewables to deliver around 1,300 MW of wind, solar energy and battery storage projects over the next four years. The global investment company is investing $700 million in the ‘Grassroots’ platform. These initiatives […]
Solar energy one of Top 4 clean technologies to meet Paris Agreement targets
Solar energy leads as one of only four renewable technologies that can meet long-term climate change goals. That’s according to an International Energy Agency’s (IEA) study of renewable energy technology worldwide. Only four out of 38 technologies are on track to meet Paris Agreement emission reduction targets. These are solar PV, LED lighting, electric vehicles […]
Energy Minister Josh Frydenberg says the government will not buy Liddell Power Station
Federal Energy Minister Josh Frydenberg has again expressed disappointment about AGL’s refusal to sell the Liddell power station to Alinta. In a Sky News interview, he restated that Government owned power is not on the cards. To recap: Alinta had offered to buy the Liddell plant and keep it open beyond its current closure date […]
Sydney university tests feasibility of solar gardens in Australia
A feasibility study will explore whether solar gardens could work for renters and apartment dwellers in Australia. The Institute of Sustainable Futures at the University of Technology Sydney will conduct the trial at various regions across eastern Australia. These include Byron Bay and Blacktown in NSW, Swan Hill in Victoria and Townsville in Queensland. ARENA […]
RateSetter Australia and CEFC announce extension of green loans program
RateSetter Australia and the Clean Energy Finance Corporation (CEFC) have announced an 18-month extension of their green loans program. Launched in 2017, RateSetter’s green loan marketplace was the CEFC’s first investment in a peer-to-peer lending platform. The program provides affordable loans to households and businesses for purchasing renewable and energy efficient products. The CEFC provided […]
AGL refuses to sell Liddell power station despite heated Government attacks
AGL has knocked back a bid by Alinta Energy that would result in an ageing Liddell power station sale in a move that has infuriated coal-centric Coalition MPs. Former Prime Minister Tony Abbott is now calling for compulsory acquisition of the NSW coal-fired plant. He suggests this could be funded by taxpayers then offered to […]
‘No new coal plants for Australia’ says Energy Australia chief
Australian power companies can help lead and accelerate the clean energy transformation according to Energy Australia’s managing director. Catherine Tanna told Bloomberg that renewables must be fully integrated into a new national energy system for the transformation to take place. Coal will continue to have a role in Australian energy, Tanna says. Yet she doesn’t […]
NSW Greens MP backs bill for minimum solar feed-in tariff
A new bill setting a minimum solar feed-in tariff (FiT) for householders and businesses has been introduced to the NSW Parliament. The Greens’ Renewable Energy spokesperson Tamara Smith says the ‘Electricity Supply Amendment (Fair Price for Solar and Other Renewable Sources of Electricity) Bill’ will reward small-scale solar generators and prevent price hikes. According to […]
