On Friday, major changes to the regulatory framework surrounding the small-scale renewable energy scheme (SRES), effectively the country’s solar rebate program, will come into force. Pv magazine Australia spoke to Smart Energy Council CEO John Grimes about the changes and how they will impact Australia’s solar players.
Queensland government-owned utility CS Energy has announced plans to build a 100MW/200MWh battery near Chinchilla on the Western Downs with the state government identifying large-scale energy storage as fundamental in the state’s energy transition.
Retail giants Kmart, Bunnings, Target and Officeworks have signed a long-term power purchase agreement with Queensland government-owned generator CleanCo to provide the retailers with 100% renewable electricity at their sites across the state.
A new report published by U.K.-based energy think tank Ember shows that solar PV was the world’s fastest rising source of electricity generation in 2021 and Australia leads the world in its uptake with solar generating 12% of the nation’s electricity last year.
Homeowners who participate in a new Enphase pilot project will connect their home batteries to the US grid, sharing energy through Green Mountain Power’s distribution system in exchange for financial incentives.
The International Renewable Energy Agency’s latest global outlook has spelled out just how ‘woefully’ far the world is from capping temperature rises at 1.5C, and lamented: ‘The stimulus and recovery efforts associated with the pandemic have also proved a missed opportunity.’
Western Australian company Infinite Blue Energy has today announced it will purchase Northam solar farm, which sits an hour east of Perth. The acquisition will accelerate the company’s green hydrogen project as it aims to produce up to 4.4 tonnes of renewable hydrogen daily from next year.
A West Australian joint venture seeking to recover high-purity vanadium from a steel industry waste product using a carbon negative process has won the support of the European Union. “We’re not the first people to look at that project, but we’re the first people to look at it through a different lens and use this type of process,” Neometals’ General Manager of Commercial and Investor Relations, Jeremy McManus, told pv magazine Australia. The project, which is still in the early stages, is already been sought out by potential offtakers “desperate to secure green vanadium,” McManus added.
The deal between Fortescue Future Industries and E.ON, one of Europe’s largest energy network operators, will see the Australian company deliver five million tonnes of green hydrogen to Germany, the Netherlands and other European cities by 2030. “For us, it’s a minimum $50 billion expenditure. And that is one I welcome,” Fortescue founder Andrew Forrest said at press conference in Berlin overnight.
Renewables, climate change mitigation, the energy transition and Australia’s economic future were all big losers in Tuesday’s 2022-2023 federal budget. Treasurer Josh Frydenberg’s budget not only fails to provide direct funding for renewable energy projects but actually continues cuts to important institutions, and moreover proves the Morrison government’s belated 2050 net zero emissions plan was merely lip service prior to last year’s COP26 climate summit in Glasgow.
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