U.S. hedge fund Magnetar takes Lyon to court
U.S.-based hedge fund Magnetar Capital, a 25% investor in a Lyon subsidiary, is seeking to wind up the group’s solar and storage unit, in a case before the Supreme Court of New South Wales. Lyon is looking for ways to buy out Magnetar’s share.
Decmil breaks ground on 255 MW Sunraysia Solar Farm
Maoneng Australia, John Laing and Decmil have hosted a sod-turning ceremony on-site in Balranald, NSW. The developer has confirmed the solar farm will be co-located with a large-scale grid connected battery, and stated its plans for an additional 500 MW of solar and energy storage to be added in line with the proposed SA-NSW interconnector.
Without more solar and wind, NSW risks being left behind in the dark ages
Stating NSW was once a world leader on climate change, a new Climate Council report notes the state is now far behind being home to Australia’s oldest fleet of coal-fired power generators. While NSW public is highly supportive of renewable energy, state government policies fail to encourage more wind and solar projects beyond 2020.
Low, middle income households install solar more than wealthy
New myth-busting analysis has revealed that rooftop solar is not so much in vogue among the wealthy, but is more popular among poorer households. Cost-saving benefits are, however, being blunted by high fixed charges, while energy retailers are profiteering from households with solar PV, states the report from the Victoria Energy Policy Climate.
NSW Labor commits to train 4,500 skilled solar electricians
After announcing a policy to drive 9 GW of renewable energy within a decade if elected, NSW Labor has pledged to invest $11 million to train and accredit electricians to install and maintain the new solar energy infrastructure in the state.
From laggard to leader: NSW Labor announces policy for an extra 7 GW of renewable generation
The Smart Energy Council has hailed today’s announcement of NSW Labor’s policy to drive 7 GW of renewable energy into the National Energy Market by 2030 as “the biggest rollout of renewable energy in Australia’s history”.
AEMC to fast track approval of SA-NSW interconnector
After it garnered broad support in political and industry circles, the proposed SA-NSW interconnector is in line for a speedier approval than expected, with the AEMC looking to fast-track the regulatory approval process.
NSW Greens add to solar election momentum, to mandate solar, storage on new builds
A proposal to mandate solar and storage systems for all new dwellings has been proposed by the NSW Greens in the lead up the state election. The policy is a part of a wider package that the party says will see one million households add rooftop PV over four years.
Election power play casts NSW Government and Opposition as sun seekers
Call them aspiring sun gods: In the lead up to the 2019 New South Wales election on 23 March, Shadow Minister for Energy and Climate Change Adam Searle and the NSW Liberal & National Government Energy Minister Don Harwin have both announced solar policies that support NSW householders to install rooftop solar-PV systems and thereby reduce their energy bills.
Tomorrow: back to solar-empowered schools!
Late 2018 saw the Australian Youth Climate Coalition and Community Power Agency publish a comprehensive plan to power New South Wales and Victorian high schools with 100% renewable energy. Tomorrow, Australian high-school students in most states return to their classrooms with extreme summer weather fresh in their memories. Many will have climate change and energy transition on their minds.
