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Markets & Policy

Australian Energy Council decries both parties, calls for net zero emissions by 2050

Representing virtually every major energy company in the country, the Australian Energy Council has called on the Coalition to set a target of net zero emissions by 2050. The call follows Opposition Leader Anthony Albanese capitating extension of an olive branch in his speech to the National Press Club this week.

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Epho to construct Canberra’s first community solar farm

Canberra’s first community solar farm, the Majura Valley Community Solar Farm, is a step closer to reality after Epho signed on to design and construct the farm. The solar farm is the development project of SolarShare, a group of local community investors.

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NT Rooftop Solar in Schools rolls out as VIC looks to follow suit

The Northern Territory’s rollout of solar panel installation at 25 schools is picking up speed, and Victoria is looking to follow suit after announcing the application period open for its Greener Government School Buildings program following the success of a pilot program.

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Redflow now Australia-wide after entering “ideally suited” Top End

Redflow Batteries’ latest partner is Northern Territory veteran power-related products company Delta Electrics. Andrew Boller, General Manager of Delta Electrics, believes Redflow’s zinc-bromine batteries are ideally suited to the hot, demanding conditions of the Top End.

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CER reports significant decline in potentially unsafe PV systems

A very small number of PV systems installed on Australian rooftops are considered to be potentially unsafe, the Clean Energy Regulator’s new report finds. Water entering DC isolators is identified as the greatest risk and the most common cause of PV system failures.

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Albanese calls on Morrison to negotiate a bipartisan energy framework

Anthony Albanese has proposed negotiations for a bipartisan agreement on an energy policy framework to create greater certainty for investment.

Cleantech Solar secures Asia Pacific’s largest ever C&I green loan

Singapore-based commercial and industrial solar developer Cleantech Solar has secured a US$75 million in green finance from ING Bank, the Asia Pacific’s largest ever C&I solar green loan. As the world’s fastest growing electricity market, South East Asia is crying out for this kind of investment.

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NSW Government fast-tracks 60MW Yanco Solar Farm

NSW Premier Gladys Berejiklian’s announcement of the third tranche of projects to have fast-tracked assessments as part of the state’s effort to boost the economy in response to the impact of Covid-19 includes the program’s first large-scale solar farm, the 72MW(DC)/60MW(AC) Yanco Solar Farm.

CEC: Investment roadmap should prioritize solar and wind as lowest-cost technologies

The government’s task is to identify and develop a suite of energy technologies that can provide low-cost, low-emissions electricity system of the future, and the Clean Energy Council says that this can be achieved by leveraging Australia’s comparative advantage and the mature industry built around solar and wind. Technologies that extend the life of higher cost, fossil fuel generation should not be prioritized for investment, the CEC says, instead, the roadmap should focus on plenty of challenges to accelerate renewable energy investment.

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NSW first renewable energy zone attracts 27 GW of solar, wind and battery proposals

The New South Wales government’s plan to deliver a 3 GW renewable energy zone in the state’s Central-West has been met with overwhelming investor interest and project proposals valued at $38 billion. To support the development of the REZ, the state government has quadrupled its funding support, while ARENA has allocated funding for TransGrid’s scoping study that will deliver a business case of the Central-West Orana REZ and provide a template for a national approach.

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