Byron Bay’s Smart Energy is seeing an unprecedented surge in sales and enquiries of solar and home storage as consumers look to shore themselves up in uncertain times.
The Australian Government’s “Economic Response to the Coronavirus” incentivises commercial and industrial solar PV uptake.
NSW has reduced its greenhouse gas emissions by 18% from 2005 levels, but mitigation has stabilised. This weekend, NSW Energy and Environment Minister Matthew Kean released the state plan for accelerating emissions reduction to 35% by 2030. It seeks to bring existing and new initiatives; Commonwealth and State funding; the Federal focus on technology and the undeniable benefits of solar and wind generation under a single umbrella.
Economist Ross Garnaut believes the cure for a corona virus hit and recession bound economy is strong investment in renewables, in our future energy infrastructure.
In its world-first application, hydrogen energy storage technology developed at UNSW Sydney will be installed in the regional town Manilla, which is set for one of Australia’s major community-owned solar farms. The storage deployment will be backed by an NSW government grant as part of a funding round that has awarded seven solar and battery community projects across the state.
The researchers have achieved 27.7% efficiency for mechanically-stacked perovskite-silicon tandem cells.
A massive solar+storage project nearby Uralla in the New England region of New South Wales has been given the tick of approval from the Independent Planning Commission. Project developer UPC/AC Renewables Australia says construction is likely to commence towards the middle of the year.
A consortium of partners led by the University of Technology Sydney has been successful in its bid for funding of a Cooperative Research Centre dedicated to enhancing energy consumers’ access to and efficient deployment of distributed renewable resources — primarily rooftop PV.
Despite a sizable pipeline of big PV projects, many EPCs have found it difficult to escape the pitfalls of Australia’s notoriously competitive market. The turmoil in the solar construction sector became evident with the collapse of the nation’s leading contractor RCR Tomlinson. It was further emphasized by Tempo Australia’s problems and last month’s withdrawal of Sydney-based contractor Downer Group. As the survival of the fittest continues, Mumbai-based EPC juggernaut Sterling and Wilson Solar (SWSL) is confident it has found a way to adapt and thrive.
UK-based infrastructure investor John Laing will make no further investments in standalone solar and wind, following the write-downs taken on its European and Australian projects.
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