After a decade of under-delivering on its potential, there are changes afoot in Southeast Asia’s renewable energy development, says Assaad W. Razzouk, the CEO of Singapore-based developer Gurin Energy. Razzouk points to success stories in the region and notes that political will and clear regulations for developers are needed.
Brisbane-based Line Hydrogen is seeking $2 million in crowdfunding investment from Australians who want to contribute to the green energy revolution at the ground level by getting its Tasmanian and Queensland green hydrogen projects off the ground.
Australia is in the grips of an energy crisis, with electricity generation prices roughly 115% above the previous highest average wholesale price ever recorded.
Australia’s east coast has been plunged into an energy crisis just as winter takes hold, which will see many people struggle to heat their homes due to soaring gas bills.
Just days after declaring a climate emergency, the South Australian government has axed a renewable energy policy that was designed to help more homeowners access residential battery energy storage systems.
Prefabricated solar array manufacturer 5B has completed a $30 million Series B capital raise with their existing shareholders to help fund continued development of the company’s flagship modular Maverick solar array and accelerate the progress of the company’s pipeline of multi megawatt projects.
With industry figures warning Australia is on the “precipice” of an energy crisis, federal, state and territory ministers will meet next week to discuss the situation with skyrocketing gas, petrol and electricity prices being described as a “perfect storm”.
India’s rooftop solar installations increased by 34% year on year in the January-March period, despite a 17% increase in system costs.
A German consortium led by Fraunhofer IEE aims to bring gallium nitride inverters closer to commercial viability. The primary goal of the research project is the optimisation and miniaturisation of inverters, including passive components such as cooling systems, casings, and mounting structures.
Western Australia’s City of Stirling has fast tracked its investment in an estimated $6 million solar PV program in a bid to maximise potential savings and reach its goal of sourcing 100% of the city’s electricity needs from renewables by 2030.
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