The Australian Energy Market Commission (AEMC) has decided to give energy businesses an extra three months to prepare the IT overhaul necessary for the five-minute settlement market reform. The decision comes in response to concerns that the unprecedented impacts of Covid-19 necessitated extra breathing space.
A “majority” stake of the 300 MW shovel-ready Rodds Bay Solar Farm in Queensland has been purchased by UK investment firm United Green. The announcement comes as state government energy ministers come together to reinforce their renewable energy ambitions in this time of economic recovery, despite “the difficulty” of the federal policy vacuum.
The Clean Energy Council’s latest “Clean Energy Outlook – Confidence Index” shows growing investor confidence nationwide despite the continuance of federal policy ambiguity and the economic impact of Covid-19. Investors and executives singled out NSW in particular as being among the most attractive states for renewable investment thanks to its positive statements and clear strategy.
Every crisis is a crossroads, and Australia is certainly at a crossroads. This week, a host of climate, development and investment leaders are backing Beyond Zero Emission’s green scaffolded Million Jobs Plan of Covid-19 economic recovery.
Despite unprecedented economy-wide impacts brought on by the Covid-19 pandemic, SA Water’s planned $300 million solar and energy splash in 2020 has managed to stay on track. Not only do the utility’s ambitions for a zero energy cost future remain within reach, but the utility is already planning more solar.
Canberra’s first community solar farm, the Majura Valley Community Solar Farm, is a step closer to reality after Epho signed on to design and construct the farm. The solar farm is the development project of SolarShare, a group of local community investors.
NSW Premier Gladys Berejiklian’s announcement of the third tranche of projects to have fast-tracked assessments as part of the state’s effort to boost the economy in response to the impact of Covid-19 includes the program’s first large-scale solar farm, the 72MW(DC)/60MW(AC) Yanco Solar Farm.
Nationwide analysis from Natural Solar’s live monitoring systems shows a 105% increase in Aussie household electricity in Q1 2020 as compared to 2019, a spike resulting from the lockdown implications of the Covid-19 pandemic. However, many Australians, like the 100% of Mulpha’s ‘Smart City’ buyers in Sydney’s North-West, will be buffeted from bill spikes thanks to home solar and energy storage systems.
Sendle and Bonds Couriers have teamed up to deliver Australia’s first solar-powered fleet of delivery vans. As the boom of eCommerce has continued through Covid-19, the ethical import of sustainable shipping and delivery has become evermore salient.
The Queensland Government’s “Unite and Recover” phase of its response to the economic impact of Covid-19 includes $17 million in funding for a Renewable Energy Training Facility in Brisbane. The Sunshine State seems to be realising its solar future.
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