Following the decision to require retailers taking part in the Solar Homes program to be signatories to the Clean Energy Council’s Solar Retailer Code of Conduct, the Victorian government has set specific requirements for inverters that will be installed under the program.
The solar households which choose to participate in the trial will receive direct cash payments of up to $135 per year, depending on the size of their battery system.
Solar has grown so much that its output exceeded brown coal and gas over the summer months, between 9am to 5pm. New analysis by Green Energy Markets shows that across the whole of summer, renewable energy produced 128% more megawatt-hours of electricity than gas and 23% more than brown coal.
New polling from The Australia Institute shows that almost 70% of South Australian voters regardless of political leanings want to see the state transition to 100% renewable energy by the year 2030.
In what is described as Australian first climate bond, which gives investors access to new ways to invest in solar and storage, the Clean Energy Finance Corporation (CEFC) has contributed $10 million towards the latest of FlexiGroup’s green bond issuances. The inclusion of energy storage in the underlying asset base is viewed as an important market development.
While renewables continue to do their bit on decarbonizing the energy sector, national emissions, especially in the transport sector, continue to rise amid a lack of any federal or state government limits, The Australia Institute warns. Total renewable supply, including rooftop solar, is at 21.2% of generation from all sources across the NEM, eating into the share once firmly held by coal and gas.
The Victorian government is giving smaller solar installers eight months to sign up to the Clean Energy Council’s Solar Retailer Code of Conduct if they want to qualify for the Solar Homes program. For larger retailers, the deadline to become Approved Solar Retailers is July.
Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.
If re-elected on Saturday, the NSW Coalition will change strata laws to reduce the minimum votes needed to install solar panels, battery storage and electric vehicle charging points in strata buildings. The government has also pledged to give $20 million more funding to the Emerging Energy Program and $10 million in funding for a solar panel and battery recycling program.
With time running out for us to make deep reductions in greenhouse emissions, you may well be wondering what you personally can do to minimise your own greenhouse footprint.
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