Aussie councils step up for renewables, reap awards
Dozens of elected local government representatives from around Australia are the latest to reject the Federal Government’s gas-led economic recovery plan, committing instead to a “sustainable” economic future.
Gold Coast to light up with 33 MW Goldmine Solar Farm
One of Australia’s tourist hot spots could soon be home to a major solar farm with the Gold Coast City Council giving a 33 MW project the green light.
Despite public sentiment, Morrison government goes it alone on gas
Australia is increasingly at risk of becoming “internationally isolated” with Prime Minister Scott Morrison declaring his government will not be dictated to by other countries on energy and climate policies.
Long-read: Finance hopping the fence to the greener grass
As Green Finance begins to be seen more and more as global best practice the energy transition can only accelerate. This week, two stories attest to the growing acceptance of green finance by major financial institutions – ANZ Bank has pledged to extricate itself from thermal coal by 2030 and pursue more sustainable policies and Mike Cannon-Brookes supported startup Brighte announces Australia’s first 100% green asset-backed securitisation, $190 million in debt financing for Australians looking to uptake solar and battery storage in their home.
Major economies should divert fossil fuel Covid-recovery cash to clean energy before it’s too late
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.
South Korea follows Japan with net-zero 2050 pledge
Re-elected South Korean president Moon Jae-in today declared he will follow-up on a campaign trail promise to eliminate carbon emissions by mid century. The announcement comes just two days after Japan’s new prime minister said he would accelerate his nation’s emissions target.
Fiji plans ‘Pacific’s largest solar project’
The island nation has agreed a deal with the World Bank’s International Finance Corporation to develop at least 15 MW of generation capacity in a US$15 million project.
$50 Billion green hydrogen hub gets Federal Government guernsey
The 26 GW Asian Renewable Energy Hub proposed for the Pilbara last week gained Major Project Status, and with it Federal Government support in streamlining ongoing approvals to commencement of construction in 2026.
CEC slams AEMC transmission access reform proposal
The Clean Energy Council (CEC) has taken aim at the Australian Energy Market Commission’s (AEMC) transmission access reform proposal, declaring it will raise costs and stifle investment.
CEFC annual report glowing with ‘prudent investment’
The Clean Energy Finance Corporation (CEFC) has published its annual report this week, a report glowing with the hue of ‘prudent investment’ according to the CEFC Chair. The report emphasises the prudence and efficacy of the green bank’s mandate despite attempts by the Morrison Government to siphon off funds for fossil-fuel investments.
