Despite the global pandemic and recession, corporate purchases of clean energy are booming. Several factors are driving this trend, including falling costs, heightened appetite for sustainability among consumers and investors, and increased political will for net-zero development. In recognition of this, the UP Initiative will spend the third quarter investigating sustainable electricity supply. How are PPA models evolving? What are the critical issues around residual energy? And how can greenwashing be avoided? pv magazine investigates.
The speed of all transitions is inherently underestimated, and solar PV is no exception. The EU has grossly underestimated its coming of age, as its forecasts for 2020 were off by 67% for the Netherlands and 74% for Germany, writes Rolf Heynen, CEO of Dutch New Energy Research.
Solar PV module manufacturers have been put on notice with Environment Minister Sussan Ley warning they need to formulate a recycling strategy as the growing number of decommissioned panels threatens a waste management nightmare.
Legal doubts have emerged about the Morrison government’s proposed change for the Australian Renewable Energy Agency which would allow it to finance a broader range of technologies including some using fossil fuels.
The international organisation has pledged to deploy clean energy generation equipment wherever possible in its global operations, with the help of the International Renewable Energy Agency.
In the world of renewable energy, the past carries charge. It can be an anchor, a learning curve, a hurdle. In Bundaberg, it’s quite literally the fuel for the future. And that green future is being energised by an unusual crew: its local government.
Australia’s coal-fired power generators are again in the spotlight with the Victorian government declaring a state “energy emergency” as damage caused by recent flooding in the Latrobe Valley threatens the ongoing viability of the 1.48 GW Yallourn power station.
The New South Wales government will allocate $380 million in next week’s budget to help fuel investment in large-scale renewable energy as it continues its transition away from coal-fired generators.
Over 1000 kW of solar capacity is being installed atop 59 Western Australian train and bus stations, with work already completed at a number of the sites.
Such a decision, which industry body the CPIA is adamant has already been announced, could make all the difference to investors struggling with a surge in equipment costs fuelled by the polysilicon shortage. The all-important National Energy Administration, however, has yet to confirm whether the CPIA’s interpretation is correct.
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