In the final days of 2018, the NSW government gave its tick of approval for the construction of the state’s largest solar farm to date. The approval rounded off a year that saw a flurry of utility-scale solar construction activity and an unprecedented number of big solar additions in the state.
A new report released by The Australia Institute reveals the Senate crossbench has safeguarded $23.4 billion worth of investment in renewable energy from 2013-2018, when it prevented the Coalition Government from abolishing the Clean Energy Finance Corporation, ARENA and slashing the Renewable Energy Target.
A newcomer to Australian solar, Indonesia’s Terregra Renewables, has appointed Balance Utility Solutions to carry out EPC activities on a 5 MW solar farm north of Murray Bridge in South Australia.
Commercial electricity retailer Flow Power has signed an offtake deal for more than a half of the production from the 120 MW Bomen Solar Farm near Wagga Wagga to power one of the nation’s largest vineyard owners, Australian Vintage, and a major snack food manufacturer, Snack Brands.
Major reports from Australia’s chief energy institutions point to the importance of wind and solar not just because of their climate credentials, but also the economic benefits they bring. A report from the energy market operator and the CSIRO finds based on analysis of LCOE that renewables are the cheapest new-built power. A separate report from the Australian Energy Market Commission shows that wind and solar will give a typical household a saving of $55 a year in next two years.
The December meeting of the COAG Energy Council has grabbed headlines as NSW attempted to push for a zero-emissions policy only to be blocked by Federal Energy Minister Angus Taylor. But, in a rare substantive outcome of the meeting, the energy ministers agreed to develop a national hydrogen strategy.
With NSW Energy Minister Don Harwin drawing a line on energy and climate policy between the state Liberals and the feds, the NSW government continues to pursue its renewables agenda waving through another large-scale solar project.
Sydney-based publicly listed Genex Power has signed an agreement with electricity provider EnergyAustralia to begin construction on the 250 MW pumped hydro project as part of the Kidston renewables hub in north Queensland. Genex is now looking to secure financing for a 270 MW solar component of the project.
Engineers from the Australian National University, in collaboration with researchers from and the California Institute of Technology, have developed a way to combine silicon PV material with perovskites to achieve higher efficiencies and lower production costs.
The Andrews Labor government is investing $2 million to boost the development of clean hydrogen energy technologies, and $1.1 million to support renewable energy projects in local communities across Victoria.
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