Australian Greens call for RET expansion as AEMC finds wholesale price increases will be “reversed” by renewables
The Australian Greens are continuing their advocacy for a RET extension and expansion beyond 2020, on the back of the Australian Energy Market Commission (AEMC) finding that renewables are driving down electricity prices. In its latest report on electricity prices, AEMC has found that much of 2017’s 11% residential price increases will be “reversed” as around 4 GW of renewables come online – driven by the RET.
Australia welcomes formal creation of International Solar Alliance
As it officially came into force on Wednesday, the International Solar Alliance was welcomed by Australia, one of its 19 founding members.
Australian renewable energy sector lacks women on company boards
Last week the Clean Energy Council announced the winner of its 2018 Women in Renewables scholarship. Women in Renewables chair, Natalie Collard, reflects on why we need more women on boards.
Solar to suffer as Australia drags heels on National Energy Guarantee, says BNEF
Proposed National Energy Guarantee program could see investments in solar and wind power fall dramatically should PM Turnbull overlook stricter 2030 emissions reduction target, Bloomberg New Energy Finance reports.
Leading solar, storage bodies combine to form Smart Energy Council
The Smart Energy Council, a merger of Australia’s leading industry bodies for solar and storage, will be looking to better reflect the country’s energy future.
ASC adds financial expertise, Oliver Yates joins board
Former Clean Energy Finance Corporation (CEFC) CEO Oliver Yates has joined the board of the Australian Solar and Energy Storage Council.
The clock ticks: ITC turns Section 201 over to President Trump
With the receipt of the final report by the ITC, the Trump Administration now has 60 days to take action on the Section 201 case. The probability of restrictive tariffs is high, a move that will likely have impacts on the global solar industry.
Australian Solar Council warns of risk to commercial STCs
The peak solar body has warned that the Australian Federal Government is planning to abolish STCs for commercial solar projects – threatening one of the fastest growing market segments.
Queensland to offer no-interest loans for solar systems
As part of the $2 billion affordable energy plan, the Queensland Government has announced it will invest $40 million in schemes to improve access to both solar energy and storage systems.
VRET passed into law
The Victorian Andrews Labor Government’s Renewable Energy Target (RET) has passed into law. The move mandates 25% of the state’s electricity is to be sourced from renewables by 2020 and 40% by 2025.
