The French independent power producer will use the funds for the development of 1.6 GW of wind and solar in France and Australia.
The Victorian Renewable Energy Auction Scheme (VREAS) makes community engagement an eligibility and evaluation criteria for funding, with a benefit-sharing program a first in State Government regulation of renewable energy projects.
The Australian Greens are continuing their advocacy for a RET extension and expansion beyond 2020, on the back of the Australian Energy Market Commission (AEMC) finding that renewables are driving down electricity prices. In its latest report on electricity prices, AEMC has found that much of 2017’s 11% residential price increases will be “reversed” as around 4 GW of renewables come online – driven by the RET.
Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108 GW.
Chinese/Australian developer Maoneng has signed a 15-year PPA to provide energy company AGL with 300 MW of PV projects, to provide up to 800,000 MWh of electricity per year. The projects form part of AGL’s plan to replace the coal-fired Liddell Power Station, set to close in 2022.
The Australian Renewable Energy Agency (ARENA) has announced that it will award multiple Australian universities and research institutes with a total of $29.2 million to support early-stage research into new solar innovations.
Under the Cooperative Research Center Program 4th Selection Round, the Australian Federal Government will extend a grant for a smart home energy management system. Other awarded green projects involve an energy storage technology alternative for lithium-ion batteries and innovative generation of low cost, zero-emission, reliable electricity.
As it officially came into force on Wednesday, the International Solar Alliance was welcomed by Australia, one of its 19 founding members.
Last week the Clean Energy Council announced the winner of its 2018 Women in Renewables scholarship. Women in Renewables chair, Natalie Collard, reflects on why we need more women on boards.
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