Australia’s renewable growth outpaces world, even as new report finds record global expansion in 2020
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%.
Small-scale solar becomes second biggest player in Australia’s renewable energy mix, as CEC reveals slate of overhauled records
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.
Australia’s world-leading hydrogen pipeline drives analysts to boost renewable growth forecast
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.
NSW company wins ‘prestigious’ global hydrogen award for pioneering heat reaction technology
Australian hydrogen research and development company, Star Scientific, has won a World Hydrogen Award for its patented HERO technology, which caused a flurry of excitement in 2020 and shows no signs of abating.
Is Australia’s solar industry really still shonky? Finn Peacock on the industry’s best and worst bits
Why do you almost never hear about prosecutions for illegal phoenix activity? Why do some Approved Solar Retailers behave so badly? And what remains of Australian solar’s cowboy history?
Australian assets prove pivotal for Neoen’s strong 2020 results
Renewables developer Neoen has released its 2020 results, announcing an 18% increase in revenue from 2019, a significant portion of which materialised from its Australian assets including the Hornsdale big battery.
Cumulative corporate commitments drive demand for 2.8 GW of renewable electricity
Corporate commitments in Australia will drive an estimated 2.8 GW of demand for renewable energy projects, according to a new report from Greenpeace.
Renewables service 70% of WA’s electricity needs the majority of the past week
Western Australia has seen around almost three quarters of its midday summer electricity demands being met by solar and wind generation in five of the past seven days.
BlackRock crosses the aisle at AGL Energy shareholder meeting, calls for accelerated coal station closures
BlackRock, the $7.3 trillion asset manager and one of AGL Energy’s largest shareholders, broke ranks at AGL’s recent annual shareholder meeting to side with the Australasian Centre for Corporate Responsibility’s resolution to accelerate the closure of the energy giant’s coal-fired power stations. The move is significant for BlackRock who had so far only talked the talk, but now seems to be walking the walk.
Coalition’s $1.4b ARENA extension cuts solar and wind while enabling fossil fuels
The Australian Government has finally announced new long term funding and an expanded remit for the Australian Renewable Energy Agency (ARENA) beyond 2022. The funding package, which looks more like a cut than anything else, pushes investment away from solar and wind and toward fossil fuel enabling technologies like carbon capture and storage.
