New WoodMac report forecasts renewables cheaper than coal by 2030 across Asia-Pacific
A new Wood Mackenzie report has forecasted a massive swing in the levelised cost of electricity across the Asia-Pacific over the course o the next decade. Before 2030, renewables will be cheaper than new coal and gas almost everywhere, and significantly cheaper in Australia.
Another bumper year sees green bonds push through $1tn mark
Sustainability-linked debt financing is experiencing ever increasing popularity and the success of green bonds has driven other products linked to social performance and other sustainability criteria. The total volume of such investments to date passed the $2 trillion point this year.
La Trobe goes La Troppo for solar on its way to ‘net zero’
La Trobe University is well on its way to achieving its ‘net zero’ carbon emissions by 2029 goal thanks to 7,500 solar panels installed by Solgen Energy Group at its Bundoora campus in Melbourne’s north. VIC Energy Minister Lily D’Ambrosio said the feat demonstrated what could be achieved with leadership, clear targets, and renewable energy.
SA Water to build solar farm on site of former oil refinery
SA Water has bought a significant portion of land from ExxonMobil Port Stanvac oil refinery to build a large-scale solar farm to generate energy for its neighbouring Adelaide Desalination Plant. The project is part of SA Water’s $300 million investment in solar and energy storage.
Renewables will pave the path out of recession to recovery, says Garnaut
Economist Ross Garnaut believes the cure for a corona virus hit and recession bound economy is strong investment in renewables, in our future energy infrastructure.
