Policy

Here are the brand-new stats and forecasts from the Solar Energy Industries Association and Wood Mackenzie.

Rooftops will have to supply a third of the 524 GW of solar generation capacity needed by 2045 to reach a zero-carbon economy by mid century, according to an academic paper. The researchers also suggested green hydrogen should not play a central role in the nation’s energy transition.

Tensions are heating up throughout the world over the issue of forced labor. Calls are increasing for supply chain transparency, and recently published EU draft legislation on corporate due diligence and accountability should improve upon the currently available voluntary measures, which have been described as largely ineffective. With this in mind, pv magazine’s UP Initiative will spend the second quarter of 2021 looking at what solar and energy storage companies can do to lead by positive example when it comes to the workers who are involved in the production of their products and services.

The first stage of Neoen’s gigantic $3bn Goyder South Project in South Australia has received planning approval on the same day the French renewables company set out ambitions to exceed 10 GW in capacity by 2025, expansion largely planned in leading markets such as Australia.

Market analyst Fitch Solutions has raised its expectations for renewables in Australia, citing the country’s unrivalled green hydrogen project pipeline and its commercially viable large-scale battery storage sector.

The facility is expected to be located in the state of Ceará and to be powered by around 3.6 GW of wind and solar facilities located in the region. The project developer is Australia-based Enegix Energy.

As present affairs of state attest, sweeping things under the rug is the preferred strategy of the Morrison Government, and hence its $50 million investment in carbon capture and storage (CCS). According to a recently published report from IDTechEx, CCS faces a difficult few years and a long way to go. Unfortunately, even if he does reach its forecasted scale by 2040, its capacity to remove emissions from the atmosphere in any hurry is negligible.

Australia’s infrastructure advisory body has added a number of renewable energy-related projects to its priority list, recognising the need for investment in the “once-in-a-lifetime transition from thermal generation to intermittent renewables.”

Chris Bowen, who was appointed Labor’s Minister for Climate Change and Energy after a reshuffle in January, told pv magazine Australia he’s keen to make job creation his core focus, framing renewable investment as a Covid recovery solution rather than the end of Australia’s historic coal mining industry, which has dominated Federal narrative.

The Queensland Government-owned energy company, Stanwell Corporation, has announced it is from today seeking expressions of interest from renewable energy projects to incorporate into its fossil-fuel heavy portfolio.