IEA urges countries to accelerate renewables deployment
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Project Symphony virtual power plant pilot hits right notes for future markets
A West Australian government virtual power plant technology pilot, Project Symphony, has successfully proven rooftop solar, batteries and major appliances can play an integral role in the state’s energy transition and create $920 million in value over the next decade.
Renewable developments not on track to meet targets: CEC report
After a lacklustre 2023, the Clean Energy Council’s new quarterly report paints a positive picture of renewable energy projects’ financial commitments, construction, and commissioning, but warns the numbers fall short of hitting the 82% renewables by 2030 target.
Queensland budget to gift a record $26 billion to accelerate energy transition
The Queensland state budget will deliver the nation’s largest yet green energy investment with a record $26 billion outlay over the next four years, with $8.6 billion ready to go in the next financial year.
Warehouse rooftop solar and batteries could unlock 28 GW
An inert uptake of rooftop solar and battery storage by commercial and industrial business in New South Wales is a 7 GW opportunity missed, and nationally, 28 GW, says Nexa Advisory.
Community solar to power up multinational company
Australia’s largest general insurance company has inked a power purchase agreement with Cleanpeak Energy that will source supply from the 1.5 MW Grong Grong Solar Farm in southwest New South Wales.
3D digital site lifts lid on clean energy projects landscape
Self-described wizards behind the curtain, immersive tech company, Spatial Media, have paved the way for better clean energy community engagement with its 3D interactive map, and a birds-eye view of Australia’s energy transition projects.
Pollinator targets early-stage clean energy tech with new $150 million fund
Climate change advisory and investment firm Pollination Group has launched a $150 million venture capital fund to invest in early-stage tech companies in Australia aimed at facilitating the renewable energy transition.
Long-duration storage key to firm renewables: report
The Clean Energy Council has launched a new report, The Future of Long-Duration Energy Storage, exploring emerging technologies capable of firming renewables in the wake of coal-fired power generation closures.
Queensland targets solar and battery waste stream with $45 million commitment
Queensland businesses can now apply for up to $10 million funding for large-scale recycling projects that tackle commercial and industrial waste and provide recovery solutions for renewable energy technologies, including end-of-life solar panels and batteries.
