Solar’s share in the installed 100 GW renewable energy capacity stands at around 44%, and wind at 40% as per the data available from India’s Central Electricity Authority.
One of the country’s most electricity-intensive smelters plans to switch to renewable energy, a move which would drastically reduce its footprint and will send a clear message to generators that even if the federal government continues to support coal, Australia doesn’t.
Larry Marshall, Chief Executive of the CSIRO, Australia’s national science agency, told Australia’s Hydrogen Conference that he was “highly optimistic” about Australia’s future, saying the country is currently at the “forefront” of hydrogen – a position not often held by our island state and one we must “dig our teeth into.”
Evidence of Australia’s energy transition and the force with which renewables are pushing fossil fuel generators out of the mix are now glaring, with a raft of new reports highlighting different records and trends testament to the seismic shift.
Tindo Solar, Australia’s only solar panel manufacturer, has teamed up with a group of engineering students from the Australian National University to help them construct a solar race car.
Solar and wind could meet the global energy demand 100 times over, a new report from the Carbon Tracker Initiative has found. Australia, in particular, is uniquely positioned to capitalise on the transition as one of the few developed countries with vast renewable potential and a low population.
India had installed 6.8 GW of cumulative rooftop PV capacity by the end of 2020, with consumer-owned systems accounting for about 72% of the total, according to Bridge to India.
More than 260 GW of renewable energy was added globally in 2020, surpassing 2019’s previous net increase record by almost 50%, data from the International Renewable Energy Agency found. Australia’s pace of growth was almost double the global average, coming in at 18.4%.
The Clean Energy Council has released its annual Clean Energy Australia report, revealing a string of smashed records, as states, territories and businesses continue to ramp up renewable ambitions.
Market analyst Fitch Solutions has raised its expectations for renewables in Australia, citing the country’s unrivalled green hydrogen project pipeline and its commercially viable large-scale battery storage sector.
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