The Australian Government and the Australian Renewable Energy Agency (ARENA) are set to fund RayGen Resources Pty Ltd (RayGen) to the tune of $3 million toward a feasibility study for a 4 MW “solar hydro” power plant in north-western Victoria.
Byron Bay’s Smart Energy is seeing an unprecedented surge in sales and enquiries of solar and home storage as consumers look to shore themselves up in uncertain times.
Australian miner Element 25 has secured $2 million in capital to further advance its plans to mine manganese in the Pilbara for export. The key to the project is the utilisation of renewable energies to bring down the price and compete with Chinese suppliers.
The Australian Government’s “Economic Response to the Coronavirus” incentivises commercial and industrial solar PV uptake.
Trina Solar’s two new bifacial solar modules are touted as a “game changer,” not only for utility-scale projects, but for commercial and industrial developments as well. PV innovation continues to reduce costs and improve performance, but Australia’s outdated infrastructure is doing its best to slow the transition down.
Economist Ross Garnaut believes the cure for a corona virus hit and recession bound economy is strong investment in renewables, in our future energy infrastructure.
A new report from financial think-tank Carbon Tracker has found that coal developers risk wasting more than $600 billion due to stubborn resistance to the already cheaper electricity resources provided by renewable energies worldwide. The report finds, in short, that a new coal plant is about as prudent an investment today as a Clydesdale and cart.
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