UNSW will divest itself of fossil fuel assets by 2025 as part of its ambitious net-zero emissions goal. The global powerhouse of renewable energy and sustainability science is advancing rapidly towards energy purity as the capital flight from fossil fuels accelerates.
Tasmania has committed to being 100% renewable by 2022 and remains well on track to meet this target ahead of schedule. But the island state says it is well placed to set a more ambitious goal, which would see it double its renewable production and help mainland Australia reduce its emissions.
Telstra joins the list of large corporations ramping up their policies on climate change through emissions reduction and renewable energy uptake. CEO Andrew Penn has declared that Telstra needs to lead from the front.
Horizon Power has launched its Reconciliation Action Plan to strengthen relationships with Indigenous peoples. Among the many-faceted mandates in the Plan is a recognition of the utility of solar in remote communities.
Rio Tinto set to invest approximately $1 billion over the next five years as the mining giant looks to deliver on its new climate change goals and particularly its 2050 net zero emissions target.
The Tasmanian Government has announced a $50 million investment package toward its green hydrogen ambitions over the next 10 years.
The Berejiklian government has launched a pilot program that will allow eligible Hunter residents to access interest-free loans for battery and solar-battery systems.
South Australia is seeing a surge of small-scale utility solar as the niche, particularly around the 5MW mark, can fly under the radar of much of the electricity network’s congestion woes. The newly completed Mannum Solar Farm Project is one such example.
The 16-greenhouse Focola project has been developed by French renewables developer Akuo and local utility company Enercal Energies Nouvelles on the Pacific Ocean territory.
The Australian network rule maker has ignored the plea of some of the biggest solar and wind project owners in Australia to change the way marginal loss factors (MLFs) are calculated. While it has acknowledged that transmission has failed to keep up the pace with renewable energy investment, it did not come up with any suggestion on what should be done to ameliorate the problem.
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