The federal government’s new A$688 million HomeBuilder package might protect residential construction jobs but it’s a missed opportunity to deliver sustainability benefits that would save owners money in the long run.
A new report from the Clean Energy Regulator (CER) shows that the renewable energy sector in Australia has exhibited resilience with 1.3 GW of new installed capacity despite the economic challenges of the Covid-19 pandemic. While rooftop PV continued to thrive in the first three months of this year, the construction of large-scale projects was generally on track with minimal delays.
The Chinese manufacturer this morning said the International Trade Commission had agreed with the initial determination issued by an administrative law judge in April, that Jinko and peers Longi Solar and REC Group had not infringed its solar cell passivation technology.
With key decisions to be made about the economic recovery from the impacts of Covid-19, New Zealand is taking the high road. The New Zealand Government made significant reforms to its Emissions Trading Scheme, providing a long overdue cap and making progress on emissions reduction solutions for the agriculture industry.
The levelized cost of energy generated by large scale solar plants is around $0.068/kWh, compared to $0.378 ten years ago and the price fell 13.1% between 2018 and last year alone, according to figures released by the International Renewable Energy Agency.
UAC Energy Holdings, a joint venture of Ayala’s AC Energy and Hong Kong-based UPC Renewables Group, said it would offer $777 million to buy Infigen Energy, one of Australia’s most prominent renewables companies.
Solar plants are now expected to last 32.5 years and have operational costs of $17 per kW/year, as shown by a Berkeley Lab survey of industry participants.
Covid-19 crisis has provided system operators with insights on keeping the grid stable with high levels of renewable penetration. Post Covid-19, this may be the new norm, Gautam Adani said in a LinkedIn post recently.
Photon Energy Australia has been busier than a face-mask factory lately, and shows no signs of stopping after winning a tender for a 3 MWp hybrid solar power plant from North East Water to help power the Wodonga Wastewater Treatment Plant.
Graphite miner Magnis Energy, one of the companies behind plans to develop an 18 GWh lithium-ion battery factory in northern Queensland, has received commitments to raise $1.5 million.
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