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News and analysis for the clean energy economy
Updated: 2 hours 48 min ago

BlueFloat targets 7.6GW of floating offshore wind in Philippines, moves forward in Australia

Wed, 2023-06-07 14:38

offshore wind bluefloatSpanish offshore wind developer unveils plans to build up to 7.6GW of floating offshore wind in the Philippines, starting in 2028, and has high hopes for Australia.

The post BlueFloat targets 7.6GW of floating offshore wind in Philippines, moves forward in Australia appeared first on RenewEconomy.

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Bangladesh forced to shut biggest coal units in heatwave due to lack of coal

Wed, 2023-06-07 14:14

A shortage of affordable fossil fuels has forced power outages across Bangladesh, including at a brand new coal plant, as temperatures soar.

The post Bangladesh forced to shut biggest coal units in heatwave due to lack of coal appeared first on RenewEconomy.

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New Origin owner may outspend Andrew Forrest in Australia’s biggest renewables play: Here’s how

Wed, 2023-06-07 14:09

New England solar farm NSW Acen AustraliaNew Origin owner says its renewable and storage plans will be essential if Australia is to have any chance of meeting its ambitious targets.

The post New Origin owner may outspend Andrew Forrest in Australia’s biggest renewables play: Here’s how appeared first on RenewEconomy.

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Scientists produce green hydrogen directly from seawater at offshore wind farm

Wed, 2023-06-07 13:01

Chinese researchers produce green hydrogen at an offshore wind farm using a direct seawater electrolysis process that avoids the need for desalination.

The post Scientists produce green hydrogen directly from seawater at offshore wind farm appeared first on RenewEconomy.

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Super fund firms up as major co-investor in Tasmania green hydrogen projects

Wed, 2023-06-07 12:54

hydrogen plantLeading industry super fund moves a step closer to making a major co-investment renewable hydrogen projects in the pipeline in Tasmania.

The post Super fund firms up as major co-investor in Tasmania green hydrogen projects appeared first on RenewEconomy.

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“Urgent and daunting:” Brookfield boosts planned renewables spend to $30 billion

Wed, 2023-06-07 09:23

 Goldwind).Brookfield plays the climate card as it seeks regulatory approval for its bid for Origin Energy, saying its planned renewable spend could reach $30 billion.

The post “Urgent and daunting:” Brookfield boosts planned renewables spend to $30 billion appeared first on RenewEconomy.

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VNI West could give black coal plants a reason to “stay in the game,” analysis warns

Tue, 2023-06-06 14:48

Controversial VNI West transmission project raises yet another red flag, this time over concerns the new preferred route will extend the life of NSW coal.

The post VNI West could give black coal plants a reason to “stay in the game,” analysis warns appeared first on RenewEconomy.

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Energy Next: Talks you shouldn’t miss on the 2023 agenda

Tue, 2023-06-06 14:48

Energy Next will host 20+ presentations on topics from EV’s, microgrids, and energy storage to VPPs and hydrogen. Here's some you should not miss.

The post Energy Next: Talks you shouldn’t miss on the 2023 agenda appeared first on RenewEconomy.

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CleanCo gets extra $500 million to develop 2.3GW of new wind and solar projects

Tue, 2023-06-06 14:47

CleanCo to switch from power purchase agreements to equity ownership with new funds to support another 2.3GW of wind and solar capacity.

The post CleanCo gets extra $500 million to develop 2.3GW of new wind and solar projects appeared first on RenewEconomy.

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Graph of the Day: Solar is creating fastest energy change in history

Tue, 2023-06-06 14:02

By far the fastest energy change in history is underway, with around 400 GW of new solar and wind capacity to be added in 2023. 

The post Graph of the Day: Solar is creating fastest energy change in history appeared first on RenewEconomy.

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Concrete poured at Flat Rocks wind farm as turbine parts hit the road

Tue, 2023-06-06 13:57

flat rocks wind farm turbine foundation WADelivery underway of massive Vestas wind turbine components for Enel Green Power's first Australian project at WA's Flat Rocks.

The post Concrete poured at Flat Rocks wind farm as turbine parts hit the road appeared first on RenewEconomy.

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How smashing transmission monopoly could slash $13 billion from grid costs

Tue, 2023-06-06 12:21

Report finds energy users are paying dearly for the lack of contestability in Australia's transmission market, to the tune of $13 billion.

The post How smashing transmission monopoly could slash $13 billion from grid costs appeared first on RenewEconomy.

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Why solar panels should be reused, and not shredded for bricks and concrete

Tue, 2023-06-06 12:19

Solar experts call for better approach to sustainable solar, including “bespoke” technology to recycle panels and reuse their valuable components.

The post Why solar panels should be reused, and not shredded for bricks and concrete appeared first on RenewEconomy.

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Octopus to add huge solar and battery storage project to Queensland wind farm

Tue, 2023-06-06 08:28

Octopus adds big solar and battery project to its existing wind farm in Queensland.

The post Octopus to add huge solar and battery storage project to Queensland wind farm appeared first on RenewEconomy.

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AGL sued for “abuse of market power” in class action led by pub owners

Mon, 2023-06-05 15:22

torrens island gas battery ccsAustralia's biggest coal generator and polluter is facing a class action – led by a South Australian pub owner – alleging abuse of market power in SA.

The post AGL sued for “abuse of market power” in class action led by pub owners appeared first on RenewEconomy.

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Green light for Southern Hemisphere’s biggest green methanol plant, backed by Iberdrola

Mon, 2023-06-05 15:15

Proposal from Abel Energy with the backing of Iberdrola has led to an in-principle agreement with the state government to buy the site of an old gas plant.

The post Green light for Southern Hemisphere’s biggest green methanol plant, backed by Iberdrola appeared first on RenewEconomy.

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Rooftop solar sales rebound as households brace for another power price shock

Mon, 2023-06-05 13:23

After hitting a 12-month low in April, installations of rooftop solar systems have rebounded in May, jumping by around 30%.

The post Rooftop solar sales rebound as households brace for another power price shock appeared first on RenewEconomy.

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Renewable investors seek clarity over Queensland’s new state ownership mandate

Mon, 2023-06-05 13:05

Big renewable energy and storage developers fret about new Queensland mandate that requires at least half of new projects to be state owned.

The post Renewable investors seek clarity over Queensland’s new state ownership mandate appeared first on RenewEconomy.

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Australia’s first solar thermal plant edges closer to reality as engineers named

Mon, 2023-06-05 09:29

Vast Solar names engineers for what will be Australia's first large scale solar thermal facility that could begin construction next year.

The post Australia’s first solar thermal plant edges closer to reality as engineers named appeared first on RenewEconomy.

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Too big to fail: Why Canberra will back Snowy despite delays and cost blowouts

Mon, 2023-06-05 09:26

Snowy Hydro given stable outlook on basis that government will have no choice but to back it, despite delays and cost blowouts. Without such backing, its debt would be junk.

The post Too big to fail: Why Canberra will back Snowy despite delays and cost blowouts appeared first on RenewEconomy.

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