Markets & Policy

A groundswell of support for renewable energy has swept across the nation and world in the past week with Joe Biden’s victory in the United States followed by the unveiling of the NSW government’s ambitious renewables roadmap and the tabling of independent Zali Steggall’s Climate Change Act. The shifting Zeitgeist coincides with analysis showing record high shares of renewables in the National Energy Network (NEM) are displacing fossil fuels, ultimately cutting the country’s emissions more than the Covid-19 pandemic.

PV modules are being sold with ever longer warranties, but when modules underperform or fail, making claims on those warranties is rarely straightforward. So are the warranties worth the paper they’re written on? Where does this leave installers? And how can this liability be mitigated?

“We need a ‘deployment’ energy secretary,” Generate Capital President Jigar Shah said several years ago. “One who understands how entrepreneurs move from research to revenue. One who understands the difference between venture capital and project finance.”

Biden has made a long list of promises and commitments to the environment and future of clean energy if elected. Which of these promises could we see immediate action on and which are years down the line?

A steady progression of targets, plans and policy adjustments come together in the ‘NSW Electricity Infrastructure Roadmap’ as the Berejiklian Government strives to get ahead of the retirement of coal-fired generators — and fire up the state economy!

The Northern Territory is advancing projects that will help it achieve 50% penetration of renewables into its energy supply by 2030. First up, the procurement of a 30 MW battery to boost reliability of the Darwin-Katherine grid.

New Energy Solar is an investment fund focused on helping investors benefit from a global shift to renewable energy. It’s selling its Australian solar assets because the climate isn’t right?

Australian electricity wires are awash with sunshine, such that network operators have threatened to up the drawbridge on further rooftop connections, while limiting rooftop PV exports to the grid. But data streams hold the key to unlocking surprising existing capacity, stabilising voltage, and living the Aussie dream.

November is still in its infancy but Australia’s National Electricity Market (NEM) is on track to record its third consecutive month of achieving more than 30% renewable energy.

The South Australian government has followed up the launch of its Hydrogen Export Prospectus last week with a straight drive on the front foot, $37 million in funding for export infrastructure upgrades in support of the a $240 million green hydrogen and green ammonia project which will make South Australia a global leader.