Tidal wave of investment gives Queensland’s energy transition momentum
Independent Australian think tank Climate Energy Finance (CEF) finds public and private capital is rapidly transitioning Queensland from its dependence on coal and methane gas for electricity generation. The findings were published today in a new report.
Raising consumer confidence critical to energy transition, finds EY report
Energy providers, government and the broader energy ecosystem must raise up the access, appeal and affordability of clean energy in the United States, to help accelerate the uptake of clean energy.
BloombergNEF forecasts global solar installations to hit 574 GW in 2024
In updated figures, BloombergNEF finds that 444 GW of new PV capacity was installed globally in 2023. It says new installations could reach up to 574 GW this year, in its most optimistic forecast, 627 GW in 2025, and 880 GW in 2030.
UNSW research finds high temperatures increase module degradation
A UNSW study has shown that hotter temperatures, as result of climate change, means solar panels are at greater risk of degradation. Prolonged exposure to harsher outdoor conditions increase the cost of solar energy in hotter Australian regions.
$14 million momentum for home grown renewable technology expansion
The federal government is to provide advanced technology and skills development to businesses looking to locally manufacture renewable energy technologies, following a $14 million fund to create the Powering Australia Industry Growth Centre.
‘Environmentally friendly’ nickel value proposition presents lifeline
Australian nickel producers have an advantage over low-cost rivals in that production in the country is considerably more environmentally friendly than in neighbouring Indonesia. Nickel miners in Australia are currently facing low prices and fierce competition. Rob Nathan from Australian Tenders argues that sustainable nickel will be vital for the energy transition and is worthy of governmental support.
‘Sustainable’ module prices unlikely to fall further
PV manufacturing analysis is revealing that module prices can not “sustainably” fall significantly in 2024, without producers selling below cost. UK-based analysts Exawatt delivered the development last week, in a trend being observed by Australian market participants.
Sharp unveils vehicle-to-home EV charger for PV-powered homes
Sharp has developed vehicle-to-home (V2H) electric-vehicle chargers for PV-powered homes, featuring 6 kW of charging/discharging rated power and an input DC voltage of 340 V. The wall-mounted devices are suitable for indoor and outdoor environments.
Federal government joins WA in supporting nickel miners
The federal and WA governments are stepping in to support struggling nickel producers with tax credits, critical listing grants, and rebates.
Action over rhetoric, calls to see PM’s ambition followed with funding
Anthony Albanese’s plan to fund Australia’s quest to become a renewable energy superpower and position itself as a global player for decarbonisation and clean energy doesn’t move fast or bold enough, according to industry experts.
