CEFC Assisting Local Councils In Cutting Power Bills

An Australian-first climate bond boosts investment in solar storage market.

A new $250 million program from the Clean Energy Finance Corporation (CEFC) will assist councils across Australia in lowering their energy costs. The CEFC Local Government Finance Program has been developed to provide flexible and competitive fixed-rate, long-term finance designed around the needs of  councils. “We see strong potential for operational savings through a range […]

850kW Solar Power System For GM Corvette Plant

Corvette - solar power

GM’s Corvette production is about to get a tad greener with a little help from solar power. The company announced earlier this week it will soon make a start on the installation of an 850-kilowatt solar array at Bowling Green Assembly in Kentucky, home of the Chevrolet Corvette. The system will generate approximately 1.2 million […]

Power By The People Of Australia

Electricity network transformation in Australia

More than a quarter of all electricity system expenditure in Australia out to 2050 is likely to be made by consumers; on items including solar power systems and battery storage. The forecast has been made by the Electricity Network Transformation Roadmap project; a joint effort of the CSIRO and the Energy Networks Association (ENA); based […]

Home Improvement Giant To Spend Millions On Renewables

Kingfisher solar and renewables

European home improvement company Kingfisher says it will spend £50 million (around AUD $102 million) on renewable energy in order to reduce its mains grid electricity consumption by 10% in just two years. Technologies to be used will predominantly be solar panels; but also air source heat pumps, combined solar thermal with gas absorption pumps, […]

EBRD Sets Aside $500 Million For Solar In Egypt

EBRD - solar in Egypt

The European Bank for Reconstruction and Development (EBRD) has allotted up to US$ 500 million during next year to support Egypt’s new solar energy program. Egypt aims to add up to 2GW of utility-scale solar as part of its goal of sourcing 20 per cent of its electricity needs from renewables. The 2GW will likely […]

U.S. Businesses Adding More Solar Power Than Ever

USA commercial solar

The U.S. Solar Energy Industries Association (SEIA) has released research showing America’s top corporations are adding more solar power capacity than ever before – and they’re not just doing it for the positive publicity. SEIA’s latest Solar Means Business report states the use of solar energy by America’s biggest companies has grown by a massive […]

Europe’s Largest Solar Farm Opened

Europe's Largest Solar Installation - France

A 300 megawatt solar farm south of Bordeaux in France will deliver clean electricity at a price far cheaper than new nuclear power stations. Producing more than 350 gigawatt-hours annually; Neoen’s massive solar project will generate electricity the equivalent of the entire power consumption of  the population of Bordeaux. The facility is more than double […]

Germany’s Energy Storage Subsidies To Continue

Energy storage subsidies Germany

A decision to end subsidies for home battery systems in Germany appears to have been reversed. The subsidies, which have helped finance the installation more than 15,000 residential energy storage systems in the country, were to be axed at the end of this year. The program provides up to €660 (around AUD$960 at current exchange […]

Anger Over Proposed “Solar Tax” in Western Australia

Solar tax - Western Australia

A proposal from Synergy’s chairman to charge solar households in Western Australia an extra fee has met with  a strong reaction – and could also meet with the same fate similar ploys have experienced elsewhere in Australia. The proposal isn’t just targeting those with solar panels – it also seeks to penalise those who consume […]

120 GWh Melbourne Renewable Energy Project Announced

Melbourne renewable energy

A City of Melbourne-led initiative will see some of the city’s best known businesses and organisations support the development of a new renewable energy based power generation facility. The consortium aims to purchase 120GWh of electricity  – enough to power more than 31,000 households and avoid 151,200 tonnes of carbon emissions each year. The construction […]

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