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Markets & Policy

UK fund manager backs NT venture to generate $50 billion

The Australian arm of UK-based global fund manager Octopus Group has announced it will partner with Indigenous communities on plans for renewable energy projects it says could attract investments of as much as $50 billion over the next decade.

CEFC gives green light for specialist fund manager

The Australian government’s green bank has announced the launch of its first specialist fund manager as it looks to increase the amount of investment capital available for clean energy start-ups that can help achieve net zero emissions.

Infinite Energy pulls plug on rooftop solar and battery business

One of Australia’s largest residential and commercial solar PV retailers and installers has announced it will exit the market, declaring low margins and once-in-a-generation disruptions to the supply chain brought on by the Covid-19 pandemic have taken a toll.

Australian duo make shortlist for 600MW NZ green hydrogen project

Two of Australia’s most prominent energy players, Fortescue Future Industries and oil and gas giant Woodside Energy have been included on a shortlist of potential development partners for a proposed 600MW green hydrogen production and export facility planned for New Zealand’s South Island.

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Rooftop solar price to keep rising this year

British analyst GlobalData has predicted residential and commercial rooftop panels will not return to a declining price trend until next year, with post-Covid logistics headaches the cause, rather than a polysilicon shortage.

Investors float 40GW of renewable energy projects for Hunter-Central Coast REZ

Renewable energy investors have again shattered the New South Wales Government’s expectations with more than 80 clean energy projects representing more than $100 billion of potential investment registering for the Hunter-Central Coast Renewable Energy Zone.

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Victoria’s Solar Homes program extends with six VPPs offering ‘guaranteed benefits’ and extra protections

The Victorian government will be expanding its Solar Homes rebate program into the world of Virtual Power Plants (VPPs), announcing on Tuesday that households who install a battery and sign up to the pilot before July 2022 will receive a rebate of over $4000.

Australia launches its first national household battery recycling scheme

Australia’s first national battery recycling scheme, B-cycle, launched today giving Australians the opportunity to drop their spent household batteries at a collections bins in supermarkets, stores and community clubs across the country. 

Program ‘switching’ concession payments for solar systems to be expanded

South Australia will extend its ‘Switch for Solar’ program in which eligible low-income residents can opt to have a solar system installed in exchange for their next ten years of government concession payments.

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Australia passes 25GW of installed pv capacity, leading world with almost 1kW per person

Australia has hit a historic milestone, reaching 25GW of installed solar. As the Australian PV Institute noted on Monday, that’s more solar per capita than anywhere else in the world.

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