Climate Budget threatens solar industry with big sting in the tail
One of Australia’s leading online renewable energy companies, Energy Matters, hopes that certain aspects of the Rudd Government’s climate change budget package don’t lead to a trough in the nation’s renewable energy sector. While largely supporting a majority of the initiatives announced in last night’s budget, such as the $10,000 green loans scheme and money […]
PV solar power systems to become cheaper
The price of solar photovoltaic (PV) panels is tipped to fall in the next year as the so-called “solar module supply bubble”, which has seen demand exceed supply, bursts. The biggest problem facing the solar electric industry over the last five years has been a shortage of silicon, the most common ingredient in solar PV […]
Solar PV sparkles on Magnetic Island
Queensland’s Magnetic Island has taken its first step in becoming one of Australia’s “solar suburbs“ under the federal government’s Solar Cities initiative. The home of local resident Lindy King is the first of 500 houses on the island to receive “smart meters” and solar panels installed on rooftops, along with energy-efficient appliances and measuring devices, […]
BUDGET – Disappointment regarding solar feed-in tariff
The latest Victorian budget’s claim to be environmentally responsible by introducing a solar feed-in tariff has been viewed as “disappointing” by one of Australia’s solar power leaders, Energy Matters. Markus Lambert Communication Manager, Energy Matters said: “Premier Brumby’s budget at a first glance seems to be good for solar power , as it introduces a […]
US invests US$60m in solar concentrator technologies
US Under Secretary of Energy Clarence Albright has announced funding of up to US$60 million over five years to support the development of low-cost Concentrating Solar Power (CSP) technology. “Harnessing the natural and abundant power of the sun and more cost-effectively converting it into energy is an important component of our comprehensive strategy to commercialise […]
Hydro Tasmania aims to become carbon neutral
Hydro Tasmania has set a target of becoming Australia’s first carbon neutral generator by 2012 as part of its response to the challenges of climate change. The commitment was announced at the opening of the new home for Hydro Tasmania Consulting at Cambridge. Hydro Tasmania is also targeting the development of an additional 1000 GWh […]
BG Group proposes Origin Energy takeover
Global integrated gas major BG Group has proposed a $12.9 billion takeover of Origin Energy. Origin says it has not yet considered the proposal from BG Group to acquire each share for $14.70 cash. Headquartered in the UK, BG Group operates in a number of sectors, including LNG, transmission and distribution across 27 countries. In […]
Impact of global warming will rival great depression: Garnaut
Professor Ross Garnaut, author of the Australian government’s renewable energy companies have long agreed with. Markus Lambert, communication manager of the Australian solar and wind company, Energy Matters, said that the best way to mitigate global warming and its effects on markets worldwide is to reward people for using renewable energy. “If governments are serious […]
SCARE TACTICS DON’T HELP IN POWER SALE – SOLAR LEADER CLAIMS
NSW Premier Morris Iemma’s comments that NSW will face black-outs in five years if the state’s electricity sector is not privatized have been branded “irresponsible scare tactics” by one Australia’s largest solar power companies, Energy Matters. Mr Iemma caused uproar at the weekend by defying a 702 to 107 vote against the privatisation of the […]
Renewable energy use expected to double over the next 10 years
Solar, wind and other sources of renewable energy could double or even quadruple their presence in the United States in the next 10 years, an executive in General Electric’s energy finance unit has said. GE Energy Financial Services Managing Director of the renewable energy group Kevin Walsh said renewables could make up between 5% and […]
