The Chinese solar market is changing shape
Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.
University of Adelaide breaks ground on Roseworthy Campus solar farm
The University of Adelaide has begun construction on its new 1.2 MW solar farm which will be used to supply the Roseworthy Campus with clean energy and provide a practical source of study in the fields of solar PV, energy storage and solar site management.
La Trobe University set to become Victoria’s first zero-emissions university
La Trobe University has committed itself to a goal of Net Zero emissions by 2029 with a new $75 million initiative. Though La Trobe will not be Australia’s first clean energy university, its project might just be the most ambitious.
Coles inks PPA to source power from three NSW solar farms
The Australian supermarket giant will purchase more than 70% of the electricity generated by three solar power plants to be built and operated by Metka EGN outside the regional centres of Wagga Wagga, Corowa and Junee – the equivalent of 10% of Coles’ national electricity usage.
ANZ, CEFC extend collaboration to help businesses invest in solar, storage, EVs
ANZ has extended its collaboration with the Clean Energy Finance Corporation, committing to facilitating a further $100 million of finance to help Australian businesses cut energy costs and reduce carbon emissions. Under the scheme, the bank is offering financial discounts for upgrades and new investments in solar PV, energy storage, EVs and other technologies.
SunMan lightweight solar panels: a welcome sustainable solution for the Maritime Museum
In partnering with the National Maritime Museum in Sydney, SunMan has found an ideal showcase for the capabilities of its innovative eArche lightweight solar panels. A crush of CBD businesses cranes in to consider PV’s latest possibilities.
Ovida expands solar market into coal country with commercial microgrid PPAs
Ovida provides PPAs to businesses and multi-tenanted buildings, but the company is also working hard on a Community Energy Microgrid Hub and Victoria’s largest concentration of on-grid microgrids in the heart of Victorian coal country, the Latrobe Valley
New US study finds renewable energy storage costs need to drop 90%
Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.
QIC raises green bond to upgrade shopping malls
Touted as the first green bond issued by a retail property landlord globally, the $300 million instrument will fund initiatives to enhance the environmental performance for three of the retail assets within the QIC Shopping Centre Fund portfolio. The green bond was five times oversubscribed and attracted new investors from across Asia and Australia, as well as a cornerstone investment from the Clean Energy Finance Corporation (CEFC).
Australia’s biggest behind-the-meter energy storage officially launched
Victoria’s Monash University has unveiled the nation’s largest hybrid battery storage system as part of a microgrid that will cover 100% of power needs at its biggest campus with renewable energy.
