Investor sentiment in Australian renewables turns to the overwhelmingly positive!
MinterEllison’s second annual ‘Renewables Investment Report’ finds that over the past year Australia has become a safe haven for investment… The maturity of its renewable opportunities seems to outweigh existing challenges.
Global temperature goal of 1.5C needs 14 TW of solar by mid century
Renewable electricity will be linked to 90% of the actions needed to remove carbon emissions in 2050, according to the International Renewable Energy Agency, and the biggest volume of generation capacity will be provided by solar.
Q&A: EEW’s $500 million Gladstone solar to hydrogen project is just the start
Earlier this month, London-based Eco Energy World announced a $500 million project to combine its ready to build 300 MW solar plant north of Gladstone, Queensland, with a 200 MW hydrogen plant and 100 MW of battery energy storage. pv magazine Australia sat down with EEW CEO Svante Kumlin to discuss the project, the green hydrogen future, and Australia’s future in it.
Household solar holds key to climate-neutral Japan
Rooftops will have to supply a third of the 524 GW of solar generation capacity needed by 2045 to reach a zero-carbon economy by mid century, according to an academic paper. The researchers also suggested green hydrogen should not play a central role in the nation’s energy transition.
The solar is over yardarm at Four Pillars gin distillery
Award-winning and globally recognised Four Pillars gin distillery, which produces its premium product in Healesville, Victoria, has utilised Sustainable Australia Fund low-interest financing to solar power its stills, save money, and take a load off the grid and the environment.
State-owned coal company seeks large-scale renewable projects to transition portfolio
The Queensland Government-owned energy company, Stanwell Corporation, has announced it is from today seeking expressions of interest from renewable energy projects to incorporate into its fossil-fuel heavy portfolio.
Independent MP proposes $483 million Local Power Agency to anchor benefits of renewables in regional communities
Helen Haines, MP for the Victorian electorate of Indi, will today put a Bill before Parliament that would underwrite and provide technical support to community renewable energy projects in regional areas, and mandate the opportunity for community to buy in to large-scale projects.
Old Mate Barnaby Joyce attempts to hijack CEFC with ‘tedious proposals’
Former leader of The Nations, Barnaby Joyce, has put forward an amendment to the Coalition’s legislation for the Clean Energy Finance Corporation (CEFC) which would allow the $10 billion “green bank” to invest in “high intensity, low emissions coal-fired power.”
Sunseap connects 23 MW in Vietnam under FIT regime
The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.
Macquarie’s second renewable energy fund raises $2.5b for large-scale investment
Macquarie owned Green Investment Group’s Renewable Energy Fund 2 has far exceeded its own expectations by raising over AUD$2.5 billion in investment commitments for large-scale solar and wind projects all over the world, including Australia.
