Weir Minerals Australia, a supplier of engineered solutions to the mining industry, has achieved electricity price stability and savings, and taken a first big leap towards sustainability with the signing of an innovative power purchase agreement with energy provider Engie.
As Covid-19 decimates the aviation industry, Melbourne Airport is set to make significant savings on its energy costs with the installation of a 12.4 MW solar farm, one of Australia’s largest behind-the-meter arrays, which will be able to power all four of the airport’s terminals.
The Australasian Centre for Corporate Responsibility (ACCA), a shareholder advocacy group, has filed a Shareholder Resolution to AGL Energy calling for the expedited closure of its Bayswater and Loy Yang A coal-fired power stations. ACCA says that AGL’s own modelling contradicts both its climate commitment and its fiduciary responsibility.
The Clean Energy Finance Corporation is set to become the cornerstone investor in a BNP Paribas’ issuance $140 million in new Australian green bonds through its Australian Climate Transition Index, an index for investors to parse the companies that will survive and thrive into a decarbonised future from those who will decay and die.
The Schools Virtual Power Plant pilot project, part of the WA Government’s $66.3 million investment in solar and batteries in its WA Recovery Plan from the impacts of Covid-19, will see ten schools transformed into VPPs. The two year trial is expected to bring reduced electricity bills to schools, improved grid stability, and increased solar uptake in the local community.
The Anglo-Dutch power company will buy Perth-based environmental specialist Select Carbon as part of a broader ambition to reach net-zero emissions by 2050 or sooner.
With the disruption of Covid-19 highlighting the climatic impact of the aviation industry, a recent report from the CSIRO funded by Boeing shows that hydrogen fuel’s technological momentum could see clean hydrogen used in airports by as early as 2025, and a full transition from conventional jet fuel by 2050.
The Hepburn Recreation Reserve has been recently fitted out with a solar installation accompanied by a Tesla Powerwall 2. The combined system is not only a great result for the local sports clubs, it also helps Hepburn Shire on its way to 100% renewables, and what is more, also secures the important facility as a ‘last resort’ for the community during a bushfire.
The oil and gas giant has announced it will build 500 MW of renewable energy projects to power some of its global facilities under the four-year agreement with Canada’s Algonquin Power & Utilities.
The Kimberley Recovery Plan spells out in regional focus the renewable energy investments heading to the Kimberley from the Western Australian Government’s $5.5 billion WA Recovery Plan. The Kimberley region is set for an injection of funds to help fortify a sustainable renewable energy sector, particularly for the uptake of residential rooftop solar and energy storage systems.
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