Benjamin Franklin, New South Wales Parliamentary Secretary for Energy, says the details for the government’s latest interest-free loans program to boost household investment in solar and storage will be made public soon. He also emphasized that the federal Coalition should take the National Energy Guarantee seriously. On Thursday, Franklin stated on the Australian Energy Storage …
The Clean Energy Finance Corporation (CEFC) has recently announced it has surpassed the $1 billion mark for the country’s large-scale solar investments sector following a $51 million stake in the largest photovoltaic (PV) farm in Victoria. A report published on the website of Renew Economy stated that CEFC confirmed that it has taken a minority …
Read moreCEFC Surpasses $1 Billion Mark for Large-Scale Solar Investments
The Sydney Opera House is reportedly going green and reducing its $2.5 million yearly electricity bill by signing long-term contracts to source electricity from large wind and solar projects. It is also reportedly considering adding batteries in the future. Based on a report by Renew Economy, the Sydney Opera House will undertake to purchase 16-gigawatt …
Read moreSydney Opera House to Source Power from Wind and Solar Projects
New Australian renewable energy developer Rio Indygen is proposing to build a 25-megawatt solar farm project to be installed in the New South Wales Hunter Region. According to a report published on the Renew Economy website, the solar farm project is being proposed for a 50-hectare parcel of land in the Dungog Shire, to be …
Read moreNew Renewable Energy Developer Eyes 25MW Solar Farm Project in NSW
In its latest Renewable Power Costs Report, the International Renewable Energy Agency (IRENA) finds a potential for renewable energy projects to deliver the most affordable sources of new electricity generation, Renew Economy reported. Francesco La Camera, the Director General at IRENA said, “We must do everything we can to accelerate renewables if we are to …
Read moreRenewable Energy Projects to Deliver Affordable Sources of Electricity Generation – IRENA
Australia is showing the potential of reaching 50 percent renewable energy target by 2030, even without amendment to federal policy and amidst the Coalition government scare campaign. This is possible due to the rising uptake of rooftop solar and the huge pipeline of large-scale projects provided to the market by state-based targets. An article on …
Read moreAustralia Likely to Reach 50% Renewable Energy Target by 2030
Future Super, a leading “fossil fuel” superannuation, claims that Australia could fund the investment required to achieve 100 percent renewables by the year 2030 with less than eight percent of the savings in superannuation pool. In its newest Impact Report, the company states that the advantages of putting investments in a fossil free superannuation fund …
GBM Gold, an Australian gold mining company has recently announced its plans of establishing a 60-megawatt solar farm on old evaporation ponds used for underground mining near Bendigo in central Victoria. As reported by Renew Economy, the company made public that the solar farm was designed for 174 hectares of the Woodvale Evaporation Pond Complex …
Read moreGBM Announces Plans for 60MW Solar Farm on Former Evaporation Ponds
To support and invest in more “cheap renewables,” Infigen Energy has recently made public its purchase of a “peaking” gas plant in New South Wales. The company claims that its latest acquisition will enable it to invest up to 400 megawatts more of renewables and it is eyeing several other wind and solar projects. Renew …
Read moreInfigen Acquires “Peaking” Gas Plant to Invest in More Renewables
ENGIE and EDP have recently signed a Memorandum of Understanding (MoU) to establish a co-controlled 50/50 joint venture in fixed and floating offshore wind. In a press release published on the website of ENGIE, EDP CEO and EDPR Chairman Antonio Mexia and ENGIE CEO Isabelle Kocher, announced that the new entity will be the “exclusive …
Read moreENGIE, EDP Ink MoU Creating New Global Offshore Wind Venture