RateSetter to deliver South Australia’s Home Battery Scheme
Peer-to-peer lender RateSetter has been named the exclusive administrator of the South Australian government’s Home Battery Scheme. Based on a funding deal with the Clean Energy Finance Corporation, RateSetter will offer $100 million in loans in cases when the upfront costs of the home battery system installations are not met by the South Australia government subsidies.
2035: The renewable energy tipping point
The tipping point, where the world shifts from oil and gas to renewables, will be the year 2035, says Wood Mackenzie. This is when renewables and electric-based technologies converge, with around 20% of global power needs being met by solar or wind, and roughly 20% of miles traveled by cars, trucks, buses and bikes using electricity. Will the transition come soon enough, however?
CER: Record high number of projects accredited in September, development pipeline surpasses 10 GW
With a combined capacity of 667 MW, September has set a new record high for the number of accredited projects in a single month, show the latest data released by the Clean Energy Regulator. Almost all of the new capacity comes from large scale solar.
EVs could become key to renewables uptake and world’s largest source of battery storage
For renewables to claim a more sizable share of the global energy mix, the adoption of energy storage would need to pick up pace and the rapidly increasing size of the EV fleet will offer a scalable way to ramp up such access, says Fitch Solutions.
Community Tesla battery trial launched in Mandurah suburb
Australia’s first community battery trial will see a bulk Tesla battery integrated into existing grid and owned and operated by Western Power and Synergy.
Eguana Technologies recruits new executives
Mercedes Benz execs join Eguana Technologies to help drive Calgary-based business’ global expansion plans.
Leaders and laggards in Australia’s renewables race
According to a new scorecard released by the Climate Council, Tasmania, the ACT and SA are leading the nation in renewable energy adoption, while WA and the NT are lagging at the back of the pack.
ARENA backs renewables marketplace for businesses
The goal of the Business Renewables Center initiative is to help Australian businesses and local governments procure 1 GW of installed renewable energy by 2022 and 5 GW by 2030.
Blockchain: Regulation an impediment to adoption
The World Energy Council, in partnership with PwC, has interviewed 39 top level management energy leaders to find out if blockchain is driving an evolution or a revolution in the energy ecosystem.
ARENA backs Monash University microgrid trial
The Australian Renewable Energy Agency announced it was partnering with Monash University and software provider Indra Australia to trial a microgrid on Monash’s Clayton campus in Melbourne. The microgrid will cover 100% of the campuses’ electricity needs with renewable energy.
