Native forest wood waste burning to be excluded from ‘renewable’ classification, Senate report recommends
As Australia’s Climate Change Bill 2022 progresses through parliament, a Senate committee has recommended using wood waste from native forests to generate electricity should no longer be classified as “renewable energy.” It is not yet clear what impact such changes would have on the growing pipeline of Australian ‘biomass’ projects.
SolarEdge under investigation for alleged patent violations
The US International Trade Commission has launched a new investigation into SolarEdge, following a lawsuit from power electronics specialist Ampt.
Developer Genex progresses with takeover bid from tech billionaire
After turning down the initial bid last month, Australian developer Genex Power this morning confirmed it will progress with a revised acquisition offer from a consortium of private equity firms led by Skip Capital, belonging to Australian technology billionaire and Atlassian cofounder Scott Farquhar.
More than 3 GW of solar panels held by US customs under forced labor law
ROTH Capital Partners reports 3 GW have been seized under enforcement of the Uyghur Forced Labor Prevention Act.
Regulator unveils new online toolkit for energy businesses
The Australian Energy Regulator has launched a “one-stop” online shop which aims to reduce regulatory hurdles and assist energy businesses and start-ups seeking to bring new technology and innovation to the market.
Ampt lawsuit asks that SolarEdge remove inverters and controllers from market
Ampt posits that all of SolarEdge’s technology is in violation of patents controlled by the Colorado company, and that they should be required to immediately cease all sales.
Company behind Australia’s most advanced vanadium project embroiled in leadership fight amid shareholder activism
Australian mining technology company TNG Limited, which owns the world’s most advanced vanadium project – the Mount Peake Project in the Northern Territory, is having its leadership team formally challenged by a shareholder campaign criticising the project’s setbacks and slow progression.
Rules changed to allow multiple installers to complete jobs
Rooftop solar installations may now be conducted by multiple installers, the Clean Energy Regulator (CER) announced today. The rule change will afford companies more flexibility as CER continues tightening its surveillance of the rooftop industry.
Vietnamese government fears legal action from solar investors
The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.
PwC launches sector-specific advisory unit
With new modelling by PricewaterhouseCoopers Australia revealing that businesses will spend $3.7 billion on advisory services supporting their transition to a clean economy by 2030, the firm has launched a new unit designed to help facilitate the nation’s successful transition to a decarbonised economy.
