Total Eren secures finance for Victoria’s biggest solar farm
The French renewables giant has reached financial close for the 256.5 MW Kiamal Solar Farm with the support of a group of Australian and European financial institutions. Additionally, Australia’s green bank Clean Energy Finance Corporation entered the project by taking a minority equity stake.
Sydney Opera House inks hybrid renewable PPA
The world famous iconic building has marked the World Environment Day with a series of sustainability announcements, including contracts to source wind and solar power from major NSW projects.
Australian musicians launch solar investment platform
Though a new platform established in response to the climate crisis, Australian musicians will be investing in solar farms across the country. The first solar farm being built with their help is Brigalow.
NSW’s Byron Shire Council allocates funds for 5 MW PV array
The Byron Shire Council has committed $465,000 to get the planning, design and tender process underway.
Solar feed-in tariff for regional Queensland reduced
In the next financial year, solar households in regional Queensland will receive over 16% less for the power they export into the grid.
Queensland launches $19 million hydrogen strategy
The Queensland government has launched a five-year plan to help drive the development of a renewable hydrogen industry and create more highly skilled jobs and export opportunities.
China confirms $435m solar subsidy budget for this year
The race is on to process applications for central payments across the world’s biggest solar market, particularly as qualifying projects must reportedly be grid connected this year. The final electricity price will be a major competitive factor considered by the Beijing authorities.
Upstream majors to lead the charge in renewables investment
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
Solar among major winners in Victorian budget
Rebates and zero-interest loans for solar panels, solar hot water systems and batteries account for one of the major spends in Victoria’s 2019/20 budget and come at a cost of $1.3 billion.
SonnenFlat available in Victoria
Victorian households can now sign up for sonnenFlat, an energy plan that offers a guaranteed annual energy allowance including solar, storage and grid energy usage for a fixed fee.
