Investment in Australian renewable energy capacity fell 40% in 2019 down from record-breaking levels seen in the year before, according to Bloomberg New Energy Finance (BNEF). Spending on large-scale renewables dropped dramatically due to network woes and long-term policy uncertainty but was ameliorated by the rooftop solar segment’s record growth.
A study from Finland’s Lappeenranta University of Technology has predicted solar and other renewables can provide a global energy jobs revolution – just as four European operations revealed recent struggles.
As the country grapples with devastating bushfires, the number of Australians concerned about climate change has climbed. Almost four-fifths of those surveyed last week said they were concerned about climate change, an increase of five percent from July, according to think-tank The Australia Insitute. The polling comes hot on the heels of the Bureau of Meteorology’s 2019 Annual Climate Statement, showing there is every reason for concern and confirming 2019 was both the warmest and driest year on record for Australia.
Norwegian solar panel manufacturer REC Group has upped the ante with new warranty deals and reduced the annual power degradation of its products. In addition to a brand new, triple 25-year warranty exclusively offered by certified REC Solar Professional installers, it has extended coverage form 10 to 20 years for its TwinPeak and N-Peak products.
The global transition to a low-carbon energy future hinges upon the sustainable supply of green-tech minerals and metals, says researchers. Australia’s reserves and export capabilities in nickel, cobalt, lithium and other rare earths mean our next mining boom could be of global existential importance.
According to a new study by Finland’s LUT University, solar PV consumes between 2% and 15% of the water that coal and nuclear power plants use to produce just 1 MWh of output; for wind, this percentage ranges from 0.1% to 14%. Under the researchers’ best policy scenario, water consumption could be reduced by 75.1% by 2030, compared to 2015 levels.
Tasmania has approached international investors to present its unique potential for the production of hydrogen from renewable sources as it seeks to emerge at the forefront of the nation’s green hydrogen push.
After China’s National Day holiday, demand started picking up at a slow pace, but the anticipated installation rush did not occur as expected, due to land and financing issues, as well as the return of winter. These factors will also delay the timing of more than 6 GW of capacity to the first half of next year. PV InfoLink has thus downwardly revised its estimates for installed capacity in the fourth quarter to 11.3 GW in China and 30 GW globally, bringing this year’s global demand forecast to below 120 GW.
The Chinese manufacturer has also announced plans for a tenfold production capacity increase, as it wants to cater to all project sizes with two versions of its high-voltage storage system.
An Indian research team has analyzed around 300 scientific studies about PV panel waste containing carcinogenic metals. The researchers said solar module recycling is not economically profitable and policy support is necessary to avoid panels being dumped in landfill.
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