Bowen aiming to ‘unleash’ investment in renewable energy market
Federal Energy Minister Chris Bowen has declared Australia is “under new management” and determined to “unleash private investment” in new clean energy projects, urging the sector to take advantage of the opportunities available in the renewable energy market.
Jolywood scraps solar plans in Indonesia
Jolywood has cancelled a plan to invest in solar cell and panel production in Indonesia, while Hangzhou First Applied Material has said that it will invest US$226 million (AU$324 million) in the expansion of its EVA film output capacity.
5 policy decisions from recent history that led to today’s energy crisis
If you aren’t a long-term energy policy news junkie, you’d be forgiven for thinking the current crisis arrived fairly suddenly.
Longi signs 1 GW of orders in Bangladesh
Longi Solar has secured about 1 GW of new PV module supply orders in Bangladesh.
‘The villain is the framework’: crisis an opportunity to review regulation requisites
Australia’s energy crisis affords it an intricate, if painful, look at exactly where and how our current electricity regulations no longer fit their purpose. According to analyst Gavin Dufty, now is the time to retrain our eyes on the prize: designing a new framework suitable for the future decentralised system. “But everybody needs to put their guns back in their holsters,” Dufty tells pv magazine Australia.
Bowen stresses importance of transition to renewables as energy crisis continues
The Federal Energy Minister insists the Australian Energy Market Operator’s market intervention demonstrates that it is “more important than ever to manage the transition and get more energy into the system and more storage and transmission”.
Tasmania seeks investor interest to help shape state’s first REZ
The Tasmanian government is calling for registrations of interest from developers of new large-scale renewable generators and energy storage projects, and existing and proposed energy intensive load projects to participate in shaping the state’s first renewable energy zone.
Vast Solar teams with 14D on Aurora solar plus storage project
Australian solar thermal specialist Vast Solar has partnered with storage development company 1414 Degrees to revive the long-awaited Aurora Solar Energy Project – which is to comprise a combination of solar thermal, PV, and battery energy storage technologies – at Port Augusta in South Australia.
UN chief warns more fossil fuel investment is ‘delusional’
As Australia battles an energy crisis, the United Nations secretary general has called for increased investment in renewables, saying it is the only “true path to energy security”, warning new funding from governments for fossil fuel exploration or production is simply “delusional”.
Pumped-hydro storage project takes shape in New Zealand
Lake Onslow, New Zealand, could become home to one of the world’s largest pumped-hydro storage facilities. A local consortium is now conducting a feasibility study and is investigating possible system designs and precise locations.
