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News and analysis for the clean energy economy
Updated: 5 min 16 sec ago

Malaysia oil giant aims for up to 8GW of renewables and batteries in Australia by 2030

Tue, 2023-09-12 17:03

Gentari, the renewables arm of Malaysian oil giant Petrobas, unveils huge renewable and storage plans for Australia after buying and rebranding Wirsol Energy.

The post Malaysia oil giant aims for up to 8GW of renewables and batteries in Australia by 2030 appeared first on RenewEconomy.

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“Looming catastrophe:” EU solar makers issue SOS as cheap China modules flood market

Tue, 2023-09-12 14:51

European solar industry calls for urgent action amid warnings that unsustainably low-cost PV from China is pricing the local market out of business.

The post “Looming catastrophe:” EU solar makers issue SOS as cheap China modules flood market appeared first on RenewEconomy.

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“Seismic shift:” Energy crisis helped wind and solar stretch cost advantage over fossil fuels

Tue, 2023-09-12 14:18

Solar and wind costs have fallen by up to 90 pct in last 12 years, and even in 2022 huge growth in China meant that global average costs remained stable.

The post “Seismic shift:” Energy crisis helped wind and solar stretch cost advantage over fossil fuels appeared first on RenewEconomy.

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AGL on-sells certificates from giant wind farm to Microsoft in new 15 year deal

Tue, 2023-09-12 13:20

rye park wind tiltAGL Energy inks 15-year deal with Microsoft to supply the global software and tech giant with renewable energy certificates from what will be the biggest wind farm in NSW.

The post AGL on-sells certificates from giant wind farm to Microsoft in new 15 year deal appeared first on RenewEconomy.

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UK renewables still cheaper than gas, despite auction setback for offshore wind

Tue, 2023-09-12 11:13

offshore wind dogger bankWhile a blow to government’s targets for offshore wind and full decarbonisation, the auction shows wind and solar remain the cheapest way to generate electricity.

The post UK renewables still cheaper than gas, despite auction setback for offshore wind appeared first on RenewEconomy.

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The Driven Podcast: Australia’s biggest vehicle to grid installation

Tue, 2023-09-12 10:07

Mark Gregory from Flinders University discusses the development of vehicle to grid technology, and the future of cars as batteries on wheels.

The post The Driven Podcast: Australia’s biggest vehicle to grid installation appeared first on RenewEconomy.

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Australian corporates talk net zero, but are still gun-shy about 1.5°C climate target

Tue, 2023-09-12 00:06

Drought dust storm small iStock-1183248853Australian businesses are still gun-shy and conservative when it comes to the need for targets that align with the 1.5°C Paris climate goal.

The post Australian corporates talk net zero, but are still gun-shy about 1.5°C climate target appeared first on RenewEconomy.

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Our energy market is designed for a system that no longer exists: It’s time for change

Mon, 2023-09-11 22:04

A new National Electricity Objective should promote urgency, not just efficiency. But it needs other reforms that require imagination, and SWAT teams.

The post Our energy market is designed for a system that no longer exists: It’s time for change appeared first on RenewEconomy.

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“This is a big deal:” Akaysha signs Japanese battery storage deal with trading house

Mon, 2023-09-11 19:26

Akaysha teams up with Japanese trading house to build up to 20 big batteries in Japan.

The post “This is a big deal:” Akaysha signs Japanese battery storage deal with trading house appeared first on RenewEconomy.

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Nuclear energy remains weapon of choice for climate deniers and coal lobby

Mon, 2023-09-11 15:22

The Coalition is declaring a new "war on wind and solar" as it uses the nuclear debate to disguise the fact it intends to do nothing about climate action.

The post Nuclear energy remains weapon of choice for climate deniers and coal lobby appeared first on RenewEconomy.

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Shell’s about-face on green energy continues, with battery maker sonnen tipped next to go

Mon, 2023-09-11 14:49

German home battery maker sonnen looks to be the next sale item as Shell fades back to black and unwinds its interests in clean green electricity.

The post Shell’s about-face on green energy continues, with battery maker sonnen tipped next to go appeared first on RenewEconomy.

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Morrison steals a march on Sun Cable with Singapore solar and battery supply mandate

Mon, 2023-09-11 14:32

Consortium backed by New Zealand investment firm Morrison & Co wins key mandate to deliver solar to Singapore via a sub-sea cable, with operations to start in four years.

The post Morrison steals a march on Sun Cable with Singapore solar and battery supply mandate appeared first on RenewEconomy.

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How Australia’s largest fossil fuel subsidy could decarbonise mining

Mon, 2023-09-11 12:39

New modelling shows fuel tax credits paid to the mining sector will cost the economy a cumulative $37bn out to 2030. This money should be reinvested in decarbonisation.

The post How Australia’s largest fossil fuel subsidy could decarbonise mining appeared first on RenewEconomy.

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Tandem solar cells are the next big thing in PV – but first, some roadblocks must be cleared

Mon, 2023-09-11 12:37

Tandem solar cell technology promises to fast-track the global transition away from coal and gas. But there’s a major catch.

The post Tandem solar cells are the next big thing in PV – but first, some roadblocks must be cleared appeared first on RenewEconomy.

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Hearts and minds is more than just a slogan as NSW manages coal exit

Mon, 2023-09-11 12:19

 Goldwind).The real news in the NSW supply and reliability checkup is not Eraring: It’s the recognition that government needs to do a much better job of turning renewable energy zones into reality.

The post Hearts and minds is more than just a slogan as NSW manages coal exit appeared first on RenewEconomy.

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“Re-industrialise the nation:” Australia urged to provide $100 bn in clean energy initiatives

Mon, 2023-09-11 10:06

A new coalition of organisations says responding to US plan could provide kick-start to green industries in Australia with a $300 million export revenue goal by 2035.

The post “Re-industrialise the nation:” Australia urged to provide $100 bn in clean energy initiatives appeared first on RenewEconomy.

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Solar reaches record 120 per cent of electricity demand in South Australia

Mon, 2023-09-11 08:07

South Australia sets a new record with solar providing 120 per cent of it electricity demand.

The post Solar reaches record 120 per cent of electricity demand in South Australia appeared first on RenewEconomy.

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Bowen switches on first of 400 solar soaking community batteries

Fri, 2023-09-08 15:27

The first of 400 federally funded community batteries has been switched on in Sydney on the Ausgrid network.

The post Bowen switches on first of 400 solar soaking community batteries appeared first on RenewEconomy.

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Wind and solar hit record share of main grid, as curtailment underscores need for more storage

Fri, 2023-09-08 14:46

It must be springtime! Wind and solar hit new record share of main grid, but curtailment also hits new highs in face of negative prices and insufficient storage.

The post Wind and solar hit record share of main grid, as curtailment underscores need for more storage appeared first on RenewEconomy.

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What rebates are available to help purchase efficient electric appliances?

Fri, 2023-09-08 14:24

Efficient electric appliances like induction stoves, heat pumps and EVs usually cost more than fossil fuel options. But rebates and financial incentives are available.

The post What rebates are available to help purchase efficient electric appliances? appeared first on RenewEconomy.

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