Australia backs new US deal to deliver billions in clean energy investments
The U.S. Department of State has suggested companies including Google, Unilever, and Amazon could invest billions of dollars in Australia’s renewable energy sector as a result of a newly inked clean energy initiative.
Ark Energy floats 3 GW renewables hub for Queensland
International metals group Korea Zinc’s Australian subsidiary Ark Energy has announced it will build 3 GW of renewable energy generation in north Queensland as part of plans to produce more than 1 million tonnes of green ammonia per annum for export by 2032.
Cape Town tenders for solar in bid to escape dependence on troubled utility
The city authority wants a developer to construct a 7 MW solar project for it as part of a push to widen its sources of electricity, and says clean energy will be cheaper than – largely coal-fired – grid power from Eskom.
Shift in energy system helps Victoria smash emissions targets
Victoria’s ongoing transition to renewable energy sources, including the installation of hundreds of thousands of rooftop solar PV systems, has helped the state “smash” its 2020 emission reduction targets on the path to net zero by 2050.
Pumped hydro storage takes shape in the Philippines
Prime Infra recently acquired a 500 MW pumped storage hydropower project in Rizal province in the Philippines. The company is also developing a 1.4 GW facility in the country.
Weekend read: Darkest hour before Ukraine’s solar dawn
Ukraine is still facing dire circumstances, with war continuing to claim lives and Russian invaders occupying large parts of the country. Solar plant owners also face serious challenges, including collateral damage, looting, destruction of communication infrastructure, and payment shortfalls. However, a bold vision for recovery has been set out with a key role for solar, as Ian Skarytovsky reports.
CER investigating potential $1.5 million solar panel fraud
Australia’s Clean Energy Regulator has this week executed search warrants on several residential and commercial addresses connected to a Perth-based solar PV retail and installation business as part of an investigation into a potential $1.5 million solar panel fraud.
Study shows switching to renewables by 2050 would save world trillions
Transitioning from fossil fuels to renewable energy technologies including solar PV and green hydrogen by 2050 could save the world at least $18 trillion (US$12 trillion), according to a peer-reviewed study published by researchers from Britain’s Oxford University and Australia’s Monash University.
Indian developer unveils plan to install 1.5 GW of hybrid wind-solar
Indian renewable energy developer Serentica Renewables plans to install and commission 1.5 GW of solar and wind capacity in 24 months to serve energy-intensive industries in the Asian nation.
Construction begins on world’s second-largest PV project
A 3 GW solar installation will be built in the Tengger Desert, in northern China. It will require an investment of around $3.18 billion (CNY 15.25 billion).
