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Green investors eyeing up Australia following election results

The remarkable results of what is already being called a ‘historic’ 2022 Federal Election have put Australia “back on the map” in the eyes of big low-carbon investors.

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Standalone power system to be allowed in the NEM from August

The Australian Energy Regulator has begun consultations to allow distributor-led standalone power systems (SAPS) to become part of the national electricity system. Proving highly successful in Western Australia, these SAPS could soon be properly rolled out in the east.

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Labor already under fire over imminent fossil fuel projects

It’s been just over 24 hours since Anthony Albanese was sworn in as the new prime minister of Australia and already his government is coming under heat for its longstanding refusal to block the 114 coal and gas projects under development in Australia, especially the recently approved Scarborough and Beetaloo projects. With a number of seats still in doubt, Labor may need to up its ambition with the ‘Greenslide’ election on Saturday leaving little doubt about Australian’s desire for climate action.

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China’s cumulative PV capacity tops 322 GW

In other news, Zhonghuan Semiconductor announced it will begin selling 210 mm n-type wafers and the local government in Zhejiang Province said it wants to deploy another 12.4 GW of new PV by 2024.

Albanese vows to transform Australia into clean energy ‘superpower’

Incoming Australian prime minister Anthony Albanese has promised to make the nation a “renewable energy superpower” in the wake of Labor’s federal election victory at the weekend.

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EU wants rooftop PV mandate for public, commercial buildings by 2027, residential by 2029

The president of the European Commission, Ursula von der Leyen, has announced a mandate for rooftop solar on commercial and public buildings by 2027, and for residential buildings by 2029. The EU target for renewable energy has been increased from 40% to 45%.

Updated standard means change for rooftop solar installers

Australia’s rooftop solar industry has undergone a significant change with a new national standard that removes the requirement for rooftop PV installations to include a DC isolator now in effect.

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$150 million loan scheme delivers 20MW rooftop solar rollout

A $150 million loan scheme introduced by the Australian Capital Territory government has sparked an uptake of rooftop solar in Canberra with more than 20MW of new solar PV rolled out across roofs in the nation’s capital.

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New Zealand unveils multibillion-dollar climate plan, comes under attack for ‘staggering’ omission

New Zealand’s government this week unveiled its plan to cut emissions and fund the clean energy transition, featuring policies like a ‘scrap and replace’ scheme to incentivise electric vehicles and funding for electrifying industry. The NZ$2.9 billion (AU$2.6 billion) plan has received mixed reviews, with Greenpeace saying it has overlooked the country’s most glaring problem.

It’s 2030 and Australia’s energy landscape looks like…

As part of the Smart Energy Conference held in Sydney last week, the Smart Energy Council’s Scott Hamilton ran a session on Australia’s hypothetical energy landscape in 2030. This is how panelists Simon Holmes á Court, Jane Caro, Richard Denniss, Karrina Nolan and Professor Iain MacGill think we’ll be living at the decade’s close.

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