Japanese owner of WA’s Bluewaters coal plant reports worst ever loss in face of energy transition
The Sumitomo Corporation has reported a stunning ¥26bn (US$251m) loss on its Western Australian Bluewaters coal fired power investment. The loss assures the company’s worst ever annual performance and comes as a result of international and financial pressure against coal funding.
Vast array of global banks revealed as green financiers of 460 MW Western Downs Green Power Hub
Neoen announced last month that it had completed the financing of its 460 MW Western Downs Green Power Hub, but today it has been revealed that said green finance came about through a wide reaching international effort, including seven global banks, a salutary sign that green finance is accelerating as fossil fuel divestment continues.
NSW’s University of New England switches on its very own solar farm
The University of New England is now well on the way to being 100% powered by solar after switching on its very own 3.2 MW solar farm. However, the university is not quite done yet, with Phase 2 already planned and including an energy storage system.
Calls for Queensland to follow Victorian lead and extend solar for renters program
Community group Solar Citizens is calling for the Queensland government to expand its solar for renters trial following the release of results which found participating tenants were, on average, $600 a year better off after solar was installed on their rooftops.
Interest grows in going with the vanadium flow
The choice of battery storage technologies in support of solar energy supply is broadening to suit a variety of emerging applications. VSUN has just made its first power play for vanadium-redox-flow batteries in the off-grid residential market.
Green Zinc! Sun Metals joins RE100
For a company that has its own big sunny solar farm and is developing a companion green-hydrogen production plant, the next step must be to formalise its commitment to go 100% renewable.
Dynamic design delivers new player in solar canopy market
South Australian design and manufacturing company PVDymanics has unveiled a unique ‘slide in’ solar canopy system which it believes can revolutionise the micro-grid market.
Australian rooftop PV safety standards under fire in new report
The Australian rooftop PV market is expected to eclipse all previous records in 2020 but a new report has raised serious questions about the fire safety standards associated with small-scale solar installations.
Future is clear as Perth-based company unveils commercial-scale trial
Australian renewable energy company ClearVue continues to push ahead with the development of its transparent solar glass technology with construction beginning on a commercial-scale trial project.
Generating goodwill: the value driving community solar
Goodwill may be the most under-appreciated resource for renewable project developers and one that is delivered through community ownership. At least, that’s according to Kristy Walters, chairperson of the 1 MW Haystacks Solar Garden project – which claims to be Australia’s first large scale solar garden cooperative.
