Gone are the days when the federal government would cheer on Australia’s fossil fuel exports to the exclusion of all else, while seemingly doing everything in its power to hold back the switch to renewables.
The Australian arm of global renewable energy developer Fotowatio Renewable Ventures has pointed to the refinancing of its 100 MW Lilyvale Solar Farm in Queensland as a sign of renewed investor confidence in the nation’s renewables sector.
Australian renewables developer South Energy has announced a series of “significant milestones” with a trio of large-scale solar PV and battery projects, with an aggregated capacity of more than 390 MW, getting the tick of approval from relevant authorities.
South Australia is closing fast on its target to be powered by 100% net renewables by the end of the decade with new data revealing a combination of wind and solar energy provided a daily average of almost 70% of the state’s electricity needs last financial year.
Oil and gas major bp Australia has teamed with gas and engineering company BOC to build what it describes as the first green hydrogen refuelling facility to be installed at an existing petrol station in Australia.
Renewable energy developer Epuron Holdings has abandoned plans to construct a 5 MW solar farm on a former landfill site in Western Australia after failing to secure a commercial agreement with an electricity retailer to purchase the power to be generated on the site.
Australia’s solar industry can expect to contend with elevated shipping costs and ongoing supply disruptions for at least another year before a ‘normalisation’ of the global ocean freight system.
Researchers from the Australian National University have declared a major roadblock to the electrification of the nation’s transport sector has been removed with a new study showing electric vehicles can handle the long distances required to travel to essential services in Australia’s remote and regional areas.
Prime Minister Anthony Albanese this week gave his first major climate change speech, touting Australia’s future as a renewable superpower and promising Labor’s ambitious new renewable target would “unlock $52 billion of private sector investment.”
With more models entering the Australian car market and high prices at the bowser, electric vehicles are garnering more attention from both cost-aware and environmentally conscious consumers alike.
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