EnergyAustralia offers Victorian customers new time of use solar feed-in tariff
Retailer EnergyAustralia is now offering customers in Victoria a time of use solar feed-in tariff which changes according to time of day. The Victorian Government’s Essential Services Commission introduced the time of use (TOU) tariffs on July 1 this year. EnergyAustralia is the first Victorian retailer to offer the TOU solar tariff. Victorian customers who have […]
SolarReserve partners with Heliostat SA to deliver solar jobs in South Australia
Solar thermal giant SolarReserve has signed a Memorandum of Understanding with Heliostat SA to build 12,800 tracking mirrors for the planned 150 MW Aurora Solar Project. Under the deal, Heliostat SA will use its expertise in automotive manufacturing to supply and assemble SolarReserve’s SR96 heliostat concentrators. Heliostats are large tracking mirrors used in concentrated solar […]
Aston Martin unveils plans for its first all electric Rapide E car
Aston Martin has unveiled its plan to produce its first all-electric car in Britain. The company plans to build 155 of the Rapide E sedans at its facility in Wales, starting 2019. The first Aston Martin electric car should come on the market towards the end of next year. The new car shares the same shape […]
Canberra virtual power plant wins national award for solar battery project
A Canberra virtual power plant (VPP) has been recognised by Engineers Australia for its solar battery project. ACT’s Reposit Power received the accolade for its technology, which makes the electricity system cheaper, cleaner and more reliable. Reposit Power won the Sir William Hudson Award. This is the highest honour awarded for a project in the […]
Latest renewable energy data shows Australia exceeding 2020 target
Australia is fast accelerating towards meeting the Renewable Energy Target (RET) for 2020 and even looks set to overtake it, according to the latest renewable energy data. The RET delivers incentives to invest in renewable energy projects and to reduce carbon emissions. For example, wind and solar farms generate large-scale generation certificates which are traded on the […]
Energy Minister Angus Taylor to retailers: we may intervene to cut power prices
Energy Minister Angus Taylor has restated his goal: to lower electricity prices while keeping the lights on. In a media statement titled ‘Cut the energy virtue signalling and start serving customers’, Taylor made it clear his only interest is in reducing prices. He warned retailers that while the Liberal Party is generally against market intervention, […]
Record renewable energy share surge is driving down power prices
A renewable energy share surge broke another record last month. Renewables now supply over a quarter of the National Electricity Market (NEM). That’s the finding of the Australia Institute’s latest quarterly Emissions Audit. It shows a “surge in wind and solar projects” is now acting as one of the only things reducing national power prices. […]
S&P Global: Coal-fired power stations are a poor investment
Private investment in coal-fired power plants is highly unlikely due to poor investment returns. That’s the verdict of financial analysis giant S&P Global in a new report. The credit ratings agency says the worldwide push for lower carbon emissions is making coal less attractive. Reported in the Sydney Morning Herald, S&P says renewable energy backed […]
National register of solar panel and battery installations gets underway
Home solar power and battery installations will be included in a new national register of distributed energy resources. The Australian Energy Market Commission (AEMC) says the register will give network businesses a valuable window into the electricity market. It’s scheduled for completion by December 1, 2019. The Australian Energy Market Operator (AEMO) will set up […]
Victoria’s solar panels through the roof with Solar Homes program official launch
Victorian households who installed solar panels on or after August 19 can now apply for a Solar Homes rebate via the Solar Victoria website. According to Victorian Energy Minister Lily D’Ambrosio, eligible applicants can now receive half the cost of their installation back, capped at $2,225. As a result of the Solar Homes rebate program […]