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Finance

Queensland could go 90% renewable by 2030

If all planned renewable energy projects were to proceed, Queensland would be in line for a $24 billion injection into the state’s economy and over 35,000 new jobs, argues a new Solar Citizens report.

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Aussie manufacturers encouraged to shift from gas to solar

Hit hard by volatile energy prices, Australian manufacturers have been advised to reduce their reliance on gas through a range of initiatives that can deliver major efficiency gains, such shifting from gas to solar.

Redflow to ramp up production in Thailand

Wrapping up the year in which it established its wholly-owned manufacturing facility in Thailand, the Brisbane-based battery supplier says it is negotiating contracts with a number of customers, sharpening its focus on key target markets in Australasia, Asia Pacific and South Africa.

Queensland sets up CleanCo

The delayed establishment of state-owned renewable energy corporation CleanCo has kicked off. The new generator is expected to save households approximately $70 annually.

RCR Tomlinson suffers $57 million write-down on two solar farms

Speculations that delayed financial results spelled troubles have proved remarkably accurate – one of Australia’s leading EPC contractors has taken a huge write-down on two Queensland solar projects, and reported $16 million net loss.

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Victorian government invests in Melbourne microgrid project

As part of its state-wide microgrid funding promise, the Labor Government has allocated a total of $980,000 for the Ovida Community Energy Hub project, which will install shared solar PV and battery systems in three multi-tenanted buildings in Melbourne.

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Townsville battery factory study gets financial shot in the arm

Following the signing of an assistance agreement between the Queensland Government and international consortium Imperium 3, a $2 billion lithium-ion battery factory is one step closer to reality.

50 public service jobs for Latrobe Valley with Solar Victoria

The Victorian Labor Party plans to locate its Solar Victoria agency in the heart of the state’s coal country. The agency is set to administer the state government’s proposed $1.3 billion Solar Homes program.

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Macquarie buys 90% stake in 322 MW solar portfolio in northern Mexico

The solar assets were acquired by the company’s unit, Macquarie Infrastructure and Real Assets (MIRA). Spanish developer, Eosol will maintain a 10% share in the projects.

South Australia launches 10 MW solar tender

The Berri Barmera Council has invited expressions of interest for the construction and operation of a 10 MW solar farm which will contribute to delivering a predictable and cost-effective renewable energy supply within the region.

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