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Finance

UniSA research finds batteries make economic sense in South Australia

Under the right conditions, solar batteries are economically beneficial for South Australian homeowners and can pay for themselves off within the warranty period, a new research finds.

Industry Super Investment report warns lack of energy policy thwarting investment

Australian super funds have called out for “comprehensive” and “long term” energy policy to be put in place in order to unlock investment in the electricity sector. The Industry Super Funds (ISA) and the Group Super Fund made the call in its Modernising Electricity Sectors report, released earlier this month.

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Queensland government opens funding for new hydrogen projects

Applications are now open for the Queensland government’s $15 million Hydrogen Industry Development Fund, which will support sustainable and renewable hydrogen projects across the state.

Octopus Energy Investments picks a side as the global energy investor rebrands as Octopus Renewables

Octopus Energy Investments, the UK’s largest investor in utility scale solar, which set up an office in Melbourne last year, has rebranded itself as Octopus Renewables as the £3 billion (AU$5.3 billion) global fund manager looks to throw its considerable weight behind the global energy transition to renewables.

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Vietnam overtakes Australia in commissioned utility PV following June FiT rush

Norwegian consultancy Rystad Energy has placed Australian and Vietnamese solar markets side by side and found the Southeast Asian country has left Australia behind in terms of commissioned utility-scale PV capacity. A staggering 4,460 MW of connected PV capacity in Vietnam at the end of June came as a surprise to many.

Victoria’s solar PV rebate out of stock for July

The July quota for solar PV rebates under Victoria’s Solar Homes program has been filled within days. The next release will be available in August.

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Industry urges consumers to do due diligence as Victoria’s Solar Homes scheme reopens

With the comeback of the Victorian government’s first-in best-dressed Solar Homes program, consumers are urged to do their due diligence as they rush to apply for popular rebates. If incorrectly installed, batteries are a serious safety risk, industry body Future Energy Skills underlines.

WA’s novel solar lease popular with homebuyers at The Amble Estate

A housing development in Perth’s northern suburb Girrawheen is the first of its kind for Western Australia to provide a solar system with every home. Launched last year by provider Infinite Energy, the solar lease has proved to be a winner for homebuyers, resulting in a 40% saving on daytime power costs.

Victoria’s Solar Homes program returns with a bang

The first-in best-dressed Solar Homes program kicked off on Monday, with a half of solar rebates available in July snapped in the first day. The revamped scheme will be accompanied with a more stringent auditing program and other measures to optimize the rollout following difficulties that have plagued round one.

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First tenders awarded in $5 million Rooftop Solar Schools program

As part of its plans to transition to 50% renewable energy by 2030, the Northern Territory government is moving forward with its solar schools program with tenders awarded for installation at five schools.

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