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Finance

UNSW to divest from fossil fuels

UNSW will divest itself of fossil fuel assets by 2025 as part of its ambitious net-zero emissions goal. The global powerhouse of renewable energy and sustainability science is advancing rapidly towards energy purity as the capital flight from fossil fuels accelerates.

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John Laing quits solar and wind saying returns no longer reflect risk

UK-based infrastructure investor John Laing will make no further investments in standalone solar and wind, following the write-downs taken on its European and Australian projects.

Climate policy done right: Tasmania sets 200% RE target by 2040

Tasmania has committed to being 100% renewable by 2022 and remains well on track to meet this target ahead of schedule. But the island state says it is well placed to set a more ambitious goal, which would see it double its renewable production and help mainland Australia reduce its emissions.

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Windlab set to change hands, flags write-down on Kennedy solar-wind-battery park

The developer has confirmed a nearly $30 million write-down on its troubled Kennedy Energy Park and entered into a binding agreement on a $1 a share takeover bid from a consortium that includes Andrew ‘Twiggy’ Forrest’s Squadron Energy.

SA home battery subsidies to decrease, Victoria’s battery rebate expands to more postcodes

The South Australian Government is expected to announce a decrease in the subsidy level and cap for its Home Battery Scheme this week, while the Victorian Government has more than doubled the eligible postcodes for its Solar Homes program.

SA bushfire victims to get free sonnen batteries

The South Australian Government has partnered with sonnen to offer 188 families a locally assembled sonnenBatterie as they rebuild their homes.

The kids of Goat Hill: Altura proposes 1GW of east-coast pumped hydro projects

You’ll recall that in 2019, an Australian National University Study identified 22,000 potential pumped-hydro energy storage sites across Australia. Altura Group, is proposing development of three east-coast sites that are also close to strong transmission connections, abundant renewable resources and load centres.

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NSW Government’s Empowering Homes program set in motion

The Berejiklian government has launched a pilot program that will allow eligible Hunter residents to access interest-free loans for battery and solar-battery systems.

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Gladstone to run on gas-green hydrogen blend as gigawatt-scale plans take shape

The traditional coal and gas hub of Gladston is turning into a green hydrogen mecca with two new ambitious projects in the pipeline. The city has been selected to host a gigawatt-scale green hydrogen and ammonia development and a gas injection facility to blend renewable hydrogen into its natural gas network.

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Why go solar? We can think of at least 333 reasons

Australian researchers have compiled data from 173 studies which examined homeowner behavior when buying rooftop PV and identified 333 predictors related to the attitude, knowledge, tendency, awareness, willingness and intent of householders.

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