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News and analysis for the clean energy economy
Updated: 1 hour 52 min ago

Banks committed to net zero fund “Australia’s dirtiest” offshore gas project, report finds

Tue, 2023-04-18 14:21

Betting on a sinking ship: Nine banks provide key backing for massive and controversial offshore gas reservoir in Timor Sea – despite most pledging net zero targets.

The post Banks committed to net zero fund “Australia’s dirtiest” offshore gas project, report finds appeared first on RenewEconomy.

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Australia’s tallest wind turbines send first power to the grid

Tue, 2023-04-18 13:29

The 180MW Dulacca wind farm, featuring some of the tallest wind turbines ever installed in Australia, has officially sent its first power to the grid.

The post Australia’s tallest wind turbines send first power to the grid appeared first on RenewEconomy.

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Big coal to big solar: NSW leads nation on new large-scale PV capacity

Tue, 2023-04-18 00:10

One of Australia's biggest coal states is rapidly becoming a leader in big solar – but much more wind power and storage needs to come.

The post Big coal to big solar: NSW leads nation on new large-scale PV capacity appeared first on RenewEconomy.

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Record 5GW of new solar and wind underway – and big batteries are getting bigger

Tue, 2023-04-18 00:01

Lake bonney batteryNew report reveals 2022 as highest year for new renewable construction commitments on record. And while there a fewer of them, big batteries are upsizing.

The post Record 5GW of new solar and wind underway – and big batteries are getting bigger appeared first on RenewEconomy.

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One of Australia’s oldest wind farms gets makeover and a new 15-year lease on life

Mon, 2023-04-17 15:37

wind farm thursday island vestas ergonOne of Australia's oldest wind farms, a two-turbine project that has slashed diesel use on a remote Queensland island, is having a makeover.

The post One of Australia’s oldest wind farms gets makeover and a new 15-year lease on life appeared first on RenewEconomy.

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Solar panels should be “new kind of mining”: Recycler backs landfill ban

Mon, 2023-04-17 15:16

Recyclers call for national ban on throwing solar panels in landfill, with potentially millions of PV modules heading for waste each year.

The post Solar panels should be “new kind of mining”: Recycler backs landfill ban appeared first on RenewEconomy.

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World’s biggest wind turbine – 15MW – delivers what it says on the label

Mon, 2023-04-17 15:13

Vestas 15MW offshore wind turbine jutlandNew video shows Vestas' massive 15MW offshore wind turbine prototype in action in Denmark after it achieved its nominal power rating earlier this month.

The post World’s biggest wind turbine – 15MW – delivers what it says on the label appeared first on RenewEconomy.

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Investors release “credible” 1.5°C grid plan with rapid exit for coal

Mon, 2023-04-17 15:07

rye park wind tiltAustralia's biggest clean energy investors reveal 1.5°C plan for accelerated coal closures and massive spend in wind, solar, storage and transmission.

The post Investors release “credible” 1.5°C grid plan with rapid exit for coal appeared first on RenewEconomy.

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Australian super funds sink $25 billion into coal, oil and gas

Mon, 2023-04-17 11:41

Australia's 15 largest super funds have invested a total of more than $25 billion into new and expanding coal, oil and gas projects, new analysis shows.

The post Australian super funds sink $25 billion into coal, oil and gas appeared first on RenewEconomy.

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G7 pushes for an extra terawatt of solar, but falls short on coal phaseout and gas

Mon, 2023-04-17 10:06

G7 agree to a big increase in offshore wind and solar capacity, but fall short of coal and gas phaseouts as Japan holds out for fossil fuels.

The post G7 pushes for an extra terawatt of solar, but falls short on coal phaseout and gas appeared first on RenewEconomy.

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Drastic climate action is the best course for economic growth, new study finds

Sun, 2023-04-16 12:27

New study adds to growing body of evidence that the economic benefits of climate action outweigh the costs.

The post Drastic climate action is the best course for economic growth, new study finds appeared first on RenewEconomy.

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Green propose gas tax “with teeth” that could deliver $95bn in revenue

Sat, 2023-04-15 00:10

Gorgon lng gas project chevron carbon capture storage CCS - optimisedThe Greens say a gas tax that “actually works” could raise $94.5 billion in the coming decade, in new push for reform of the Petroleum Resource Rent Tax.

The post Green propose gas tax “with teeth” that could deliver $95bn in revenue appeared first on RenewEconomy.

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Macquarie solar breakthrough gives Aussie researchers unexpected recycling win

Fri, 2023-04-14 14:40

A better way to "cook" solar cells leads Macquarie Uni researchers to an unexpected recycling benefit for which the group has a patent pending.

The post Macquarie solar breakthrough gives Aussie researchers unexpected recycling win appeared first on RenewEconomy.

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Andrew Forrest grabs land for proposed refinery and big battery metals play

Fri, 2023-04-14 14:13

Andrew Forrest secures land for proposed battery metals joint venture that seeks to break China's dominance of the key sector.

The post Andrew Forrest grabs land for proposed refinery and big battery metals play appeared first on RenewEconomy.

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“Bad faith:” Gas lobby’s desperate attacks on electrification don’t stack up

Fri, 2023-04-14 13:49

CC0 Public Domain Free for personal and commercial use No attribution requiredA new attack on electrification by Australia's increasingly desperate gas lobby has been slammed as a "bad faith exercise" designed to mislead consumers.

The post “Bad faith:” Gas lobby’s desperate attacks on electrification don’t stack up appeared first on RenewEconomy.

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Huge battery projects queue up for approval in world’s most intermittent grid

Fri, 2023-04-14 13:02

AGL torrens island b battery gas plantMore big battery projects emerge as the world's most intermittent grid prepares for a future beyond fossil fuels.

The post Huge battery projects queue up for approval in world’s most intermittent grid appeared first on RenewEconomy.

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Why Australia’s green hydrogen export plans could be all about ammonia

Fri, 2023-04-14 11:46

A recent report weighs up the best strategies for storing and transporting hydrogen, with some important notes for Australia's export superpower plans.

The post Why Australia’s green hydrogen export plans could be all about ammonia appeared first on RenewEconomy.

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Gas can’t compete with wind, solar and storage, even in world’s biggest market

Fri, 2023-04-14 10:10

powin batteryLatest cost assessment from Lazard shows that wind, solar and storage win against gas in every metric - including firming - in world's biggest market.

The post Gas can’t compete with wind, solar and storage, even in world’s biggest market appeared first on RenewEconomy.

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Energy Insiders Podcast: Wind and solar deal killer blow to fossil fuels

Fri, 2023-04-14 10:01

Dave Jones from Ember Climate on new study that shows fossil fuel generation will finally peak this year. Plus: Macquarie makes its mark on battery market.

The post Energy Insiders Podcast: Wind and solar deal killer blow to fossil fuels appeared first on RenewEconomy.

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ARENA launches $50m green hydrogen and metals funding rounds

Thu, 2023-04-13 15:27

 Rio Tinto).Albanese government dedicates $50m to Australia's pursuit of green hydrogen and metals, as new State of Hydrogen report reveals some colour blindness.

The post ARENA launches $50m green hydrogen and metals funding rounds appeared first on RenewEconomy.

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