The Palaszczuk Government is providing funding to accelerate a $1.5 billion transmission link stretching from Townsville to Mount Isa in North Queensland in a bid to stimulate large-scale solar and wind investment and underpin the creation of local battery industry.
The University of Queensland has released a performance report on the Tesla Powerpack it installed in December 2019. Across a range of revenue streams, the Powerpack is already earning the university some serious cash.
Energy Estate and RES are partnering to put together 2 GW of solar, wind, energy storage and transmission infrastructure in the Fitzroy REZ, in what the duo is calling the Central Queensland Power projects.
QIC-owned Pacific Energy has bought solar and battery microgrid specialist Hybrid Systems in a bid to tap the off-grid and edge-of-grid growth in Western Australia.
Topping off a big week for solar in Queensland, Premier Palaszczuk announced the partnership between Energy Queensland owned Yurika and the Queensland Investment Corporation which will see 15 MW of solar installed across five shopping centres.
The offer under the South Australian government’s Home Battery Scheme has been expanded with the addition of Fimer’s residential energy storage solution.
Between 460 and 480 MWp in size, Western Downs will become the largest solar farm in Australia, bringing significant regional economic benefits to South West Queensland.
Renewable energy is forging through the Covid-19 crisis and ready to contribute even more than cheaper, cleaner energy to Australia’s recovery from the economic disaster brought on by the pandemic. A Clean Energy Council forum held today provides strategies and resources for Government and business to apply to a revitalised, more resilient future.
A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.
Analysts at Bloomberg New Energy Finance say the lowest-cost projects financed in Australia, China, Chile and the UAE in the last six months hit a levelized cost of energy of just $23-29/MWh and the best solar and wind projects will produce electricity for less than $20/MWh by 2030.
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