The impact of COVID-19 will leave its mark on our society and economy while a sliding Australian dollar is likely to make imported goods more expensive. In its webinar held on Thursday, the Smart Energy Council is discussing business tips on how to weather the storm over the next six months. And a question arises: Can residential and commercial solar and storage buck the trend against the economic recession which is on the way?
The Australian Government and the Australian Renewable Energy Agency (ARENA) are set to fund RayGen Resources Pty Ltd (RayGen) to the tune of $3 million toward a feasibility study for a 4 MW “solar hydro” power plant in north-western Victoria.
The City of Subiaco has adopted a Corporate Carbon Reduction Plan that will see it powered entirely from renewables by 2025.
Chinese manufacturer Risen Energy will supply Malaysia’s Tokai Engineering with 20 MW of its new panels, unveiled in December. Risen claims its products can help reduce balance-of-system project costs by 9.6% and the levelized cost of energy by 6%.
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.
Australian miner Element 25 has secured $2 million in capital to further advance its plans to mine manganese in the Pilbara for export. The key to the project is the utilisation of renewable energies to bring down the price and compete with Chinese suppliers.
The Australian Government’s “Economic Response to the Coronavirus” incentivises commercial and industrial solar PV uptake.
Trina Solar’s two new bifacial solar modules are touted as a “game changer,” not only for utility-scale projects, but for commercial and industrial developments as well. PV innovation continues to reduce costs and improve performance, but Australia’s outdated infrastructure is doing its best to slow the transition down.
Powering production of solar and wind infrastructure — panels, trackers, turbines, inverters — seems a gap just waiting to be filled in the clean-energy supply chain. Longi, the Chinese mega-manufacturer of solar wafers, cells and panels, has just joined RE100, a steadily growing list of companies committed to powering their operations with 100% renewable energy.
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.
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