Risen Energy, Providence Asset Group confirm strategic partnership
In pursuit of its Australian target of at least 2 GW of renewable projects, Risen Energy has confirmed its partnership with Australia’s cleantech investor Providence Asset Group.
Bank Australia switches to 100% renewable electricity
Only a month after it signed up to the global initiative RE100, Bank Australia has announced it made the switch to 100% renewable electricity one year ahead of its 2020 target.
Australia’s first solar to hydrogen-based microgrid gets nearly $1 million in federal funding
A grant of nearly $1 million has been announced for a 100% renewable energy project which will see the World Heritage-listed Daintree Rainforest reduce its reliance on diesel fuel to generate power.
How to profitably up-cycle 80 million tonnes of PV waste by 2050
New research by UNSW examines the economic barriers, the technologies and opportunities in recycling end-of-life silicon photovoltaic modules for profit.
Battery storage market will be worth $13 billion by 2023
Analyst Globaldata says falling system prices, and the need for more resilient grids and favorable policies, continue to fire the energy storage industry around the globe and the Asia-Pacific region is likely to remain the biggest market.
Coal mining museum powered by solar PV and battery storage
In a powerful demonstration of Australia’s energy transition, the Victorian State Coal Mine, a tourist attraction in the coastal town of Wonthaggi, is now powered by a solar and battery storage system.
Gas boss backs PV to hydrogen
Outgoing APA Group CEO Mick McCormack has pointed to a bright future for power-to-gas in Australia in an address to a Macquarie Group conference this week. The long-serving gas infrastructure head said that excess PV generation, particularly when generation is at remote sections of the grid, could be utilised to produce green hydrogen.
China confirms FIT level payments – but they will be ‘subject to competition’
The Beijing authorities have confirmed the payment levels to be made according to type of project and region from July onwards but an auction process will be involved so the figures are for guidance only. No decision has yet been made on the 30 GW of capacity added since the end of May.
Garnaut sets out vision for Australia’s emergence as post-carbon energy superpower
Climate Change Review author and economist Ross Garnaut’s has argued that decarbonising Australia’s electricity sector will result in cheaper power, a more reliable grid, and will set up the nation to emerge as a “superpower of the post-carbon world.” Garnaut concludes that Australia could be powered by 100% renewables by the early 2030s – driven by PV.
Labor resi battery subsidy to push paybacks below 10 years
The Smart Energy Council has sketched out a scenario that demonstrates that Federal Labor’s plan to provide $2000 rebates for residential battery storage units, assuming they have rooftop PV installed, will save households between 60-80% on their power bill. In all Australian states, SEC finds that battery paybacks under the subsidy will fall to 3.5–10 years.
