Australia’s first ultra-rapid charging station unveiled
The Victorian government has allocated another $2 million in funding for Australia’s renewables-powered electric vehicle ultrafast charging stations, as the first charging site was unveiled at Euroa.
Asian-Pacific market to see 355 GW of solar over five years, despite policy challenges
Despite political hurdles in key markets including China, India and Japan, Asia-Pacific remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
Solar and storage show steady growth as Tesla finally turns a profit
Tesla energy storage deployments grew 18% and storage deployments grew 11%, as the EV + battery + solar company achieves its a long-awaited quarterly profit on the success of its Model 3.
Power Ledger launches token for retail investors to co-own energy assets
Know for its blockchain-based P2P platform that allows energy trading between households, the Perth-based company is now launching a new token designed to provide retail investors with the opportunity to fund and generate revenue from shared renewable energy infrastructure.
Taylor rules out scrapping SRES
Energy Minister Angus Taylor has said there are no plans to change the Small-scale Renewable Energy Scheme (SRES), despite the ACCC recommendations to wind it down nine years early.
Renewables to power ultra-rapid EV charging network
A super-fast network being rolled out across Australia will allow drivers to charge their electric vehicles in just minutes, 15 times faster than typical domestic charging points which take hours. All the charging stations will be powered through the purchase of renewable energy or on-site solar.
Green hydrogen to power Sydney homes and businesses
The project will use solar and wind to produce hydrogen via electrolysis, which will be then be stored across the Jemena Gas Network in New South Wales. The $15 million trial will be half-funded by the Australian Renewable Energy Agency.
New microgrid project to help Yackandandah reach 100% renewables
The Victorian Labor government is providing funding to a new microgrid project in Yackandandah, to help cut energy bills for local residents and help the community achieve their 100% renewable energy target.
RateSetter to deliver South Australia’s Home Battery Scheme
Peer-to-peer lender RateSetter has been named the exclusive administrator of the South Australian government’s Home Battery Scheme. Based on a funding deal with the Clean Energy Finance Corporation, RateSetter will offer $100 million in loans in cases when the upfront costs of the home battery system installations are not met by the South Australia government subsidies.
ARENA backs renewables marketplace for businesses
The goal of the Business Renewables Center initiative is to help Australian businesses and local governments procure 1 GW of installed renewable energy by 2022 and 5 GW by 2030.
