Spanish renewables giant Iberdrola expands its reach into Australia with a planned 650 MW pipeline of projects just as it also pledges to “relaunch clean energies in Spain”.
Abundant sunshine, favorable policy settings and high power prices have long placed Australia at the cutting edge of rooftop solar uptake. The more recent utility-scale boom has further enhanced its status as a PV leader. Battery adoption, microgrids, EVs and green hydrogen are all taking shape, yet what should be an Aussie smart energy no-brainer continues to be dogged by mounting investment uncertainty and a toxic debate on the national level.
Recent Wood Mackenzie analysis suggests Asia Pacific’s decarbonisation bill could hit US3.5 trillion by 2040. US$3.5 trillion is enough to buy everyone in Sydney a house at Sydney’s inflated housing prices, or alternatively, it’s enough to buy everyone a single avocado toast at a trendy cafe.
A number of massive PV projects have been proposed for Australia’s north, with the concept built around clean power exports to Southeast Asia. Is it Desertec Down Under? Proponents are certainly hoping for more success.
In a deal that can only improve the appeal of renewable energy to the mining industry, Siemens and renewable energy developer juwi have joined forces in a strategic technology partnership set to bring renewable microgrids to the off-grid mine sites.
Recent analysis from Wood Mackenzie predicts green hydrogen, produced primarily by solar electrolysis, will reach cost parity in Australia, Germany and Japan by 2030.
New research by the World Gold Council identifies greenhouse gas emissions across the whole supply chain of gold mining and sets out a plan to aureate the industry’s carbon footprint with solar PV and other renewables.
French renewables developer and big Australian energy player Neoen has reported strong revenue growth over the first nine months of 2019, driven in no small part by Australian successes.
After Genex Power’s offtake agreement with EnergyAustralia fell through earlier this month its concessional federal funding lapsed. However, the Project has secured an extension into 2020, hopefully allowing it enough time to restructure and reach financial close.
Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.
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