Australia: CEFC to tip another AUD$250 million into large scale solar projects
Australia’s Clean Energy Finance Corporation is to tip another AUD$250 million of financing into large scale solar projects, as part of a co-ordinated drive among government agencies to build up to 10 major projects and drive down the cost of large scale solar.
ARENA seeking large scale solar projects under $135/MWh
The Australian Renewable Energy Agency says it is seeking large scale solar projects that can produce energy at a cost of $135/MWh as it calls for tenders for its first AUD$100 million funding round for the technology.
Australia: ACT government aims for 100% renewable energy by 2025
The government of the Australian Capital Territory is going where the federal politicians who march the corridors of Parliament House in the national capital fear to tread to reach 100 per cent renewable energy by 2025.
U.S. solar giant Sungevity quits Australia, expands in Europe
U.S. solar service giant Sungevity has decided to quit the Australian market, another apparent victim of investor nervousness about the constantly changing policy environment for clean energy in Australia.
Australia: Labor picks a winner with 50% renewable energy target
It seems that the Labor Party has finally had enough of joining with the Coalition in the policies of the lowest common denominator, at least in respect to renewable energy. Labor leader Bill Shorten has finally found a major issue to make a point of difference with Tony Abbott.
ARENA to use ACT-style auctions for 200MW of large-scale solar
The Australian Renewable Energy Agency is going to adopt the auction-process successfully pioneered by the ACT government to spend up to AU$100 million and target up to 200 MW of large-scale solar, as part of its new funding program.
Australian Senate passes RET reduction bill
Australia on Tuesday became the first developed country to cut its renewable energy target adding to its honor of being the first to dismantle a carbon price when the Senate passed legislation reducing the large scale target from 41,000GWh to 33,000GWh by 2020.
Panasonic signs battery storage deal with 3 Australian utilities
Japanese electronics giant Panasonic has struck agreements with three Australian energy utilities to trial its home-based battery storage options, saying it would help double the amount of self-consumption of Australian solar households and also challenge utilities to change their business models.
First 100 MW solar plant points to missed opportunity in Australia
In a ceremony attended by the heads of AGL Energy and First Solar, and ministers from the NSW government, but not the federal government, the 1,366,380th and final solar panel was installed on the 102 MW Nyngan solar farm in western NSW on Friday.
Carbon crash, solar dawn: Deutsche Bank on why solar has already won
Deutsche Bank says solar market is massive, will generate $5 trillion in revenue by 2030. It describes solar plus storage as the next killer app, and says even in India there will be 25% solar by 2022.
