Energy efficient homes, like those with solar panels, fetch, on average, a premium of over 17% in Australia – though that figure grows to 28.9% in Queensland and 24% in Victoria, according to a report from real estate company Domain.
While curtailing solar and wind energy production can be viewed as a lost opportunity, NREL argues that it may be an important feature in the future energy grid dominated by low-cost renewable energy.
Australian renewable energy start-up Canyon Solar has unveiled a prefabricated solar PV shade structure for commercial carpark applications that it claims can be installed at least three times faster than traditional systems and outcompetes rooftop solar PV on a dollar-per-watt basis.
The fire affected an area of around 5,000 square meters but did not damage the solar panels. The local fire brigade was able to control the fire in around two hours.
Former Australian prime minister Malcom Turnbull has joined the advisory board of resurrected American concentrated solar thermal energy company GlassPoint as it looks to target mining and manufacturing companies with its clean energy technology.
Vena Energy Australia has reached financial close on the second stage of its Tailem Bend 2 Hybrid Project thanks to a PPA with Zen Energy and green financial support from DBS, ING, and Siemens. The 128.5 MW project will comprise 87 MW of solar with 41.5 MW of battery energy storage.
Solar developers have until Aug. 23 to bid for the rights to build up to 1.5 GW of grid-connected solar projects under 25-year power purchase agreements.
Octopus Investments Australia, a subsidiary of the major global Octopus Group, today launched two renewable energy investment vehicles totalling $10 billion. The Octopus funds’ first joint acquisition is Australia’s largest operational solar farm, the 333 MW Darlington Point Solar Farm in New South Wales.
An international research team has developed a new methodology to increase levels of pollination at ground-mounted solar plants. It involves the development of new vegetated land cover below and around solar parks.
Victorian Opposition Leader Matthew Guy has vowed to “turbo-charge renewables”, promising at least one million additional Victorian homes would have solar PV and battery energy storage systems installed by 2035 if the Coalition is voted in at the November state election.
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