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News and analysis for the clean energy economy
Updated: 2 hours 13 min ago

One-third of solar projects over-promise and under-deliver on generation, report finds

Thu, 2022-10-20 04:58

Fulcrum3D Gunnedah solar farmNew data finds many solar projects are delivering lower production than forecast, with big impacts on investors.

The post One-third of solar projects over-promise and under-deliver on generation, report finds appeared first on RenewEconomy.

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Origin counts on profit boost from gas as it prepares for shift to clean energy

Wed, 2022-10-19 14:39

Origin will rely on a boost in gas earnings to underscore its business as it navigates the transition to clean energy.

The post Origin counts on profit boost from gas as it prepares for shift to clean energy appeared first on RenewEconomy.

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“An ecological and economic disaster:” Green group slams Marinus Link deal

Wed, 2022-10-19 14:38

News that Marinus Link is being supported by the federal government's Rewiring Australia program has been broadly welcomed. But not everyone sees it as a win.

The post “An ecological and economic disaster:” Green group slams Marinus Link deal appeared first on RenewEconomy.

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Climate solutions powerhouse emerges to “demystify” clean energy and carbon markets

Wed, 2022-10-19 13:31

vegetation offsets carbon trees shell australia select - optimisedRenewable Energy Hub buys up TFS Green to form Core Markets, a new entity to meet soaring corporate demand for end-to-end net zero solutions.

The post Climate solutions powerhouse emerges to “demystify” clean energy and carbon markets appeared first on RenewEconomy.

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Does Rewiring the Nation’s concessional finance really change the case for Marinus?

Wed, 2022-10-19 12:36

It's unclear how the economic case for Marinus Link is greatly improved by the concessional finance offered by Labor's Rewiring the Nation policy.

The post Does Rewiring the Nation’s concessional finance really change the case for Marinus? appeared first on RenewEconomy.

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Australia can slash emissions 81 pct by 2030 using six existing technologies, report says

Wed, 2022-10-19 12:10

sun cable 5b solar northern territory optimisedBZE says Australia can't afford to wait for new inventions and doesn’t need to, with off-the-shelf technologies ready and able to "eliminate" emissions.

The post Australia can slash emissions 81 pct by 2030 using six existing technologies, report says appeared first on RenewEconomy.

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Hong Kong real estate fund backs $2 billion of battery and solar projects in Australia

Wed, 2022-10-19 11:38

Hong Kong real estate specialist enters Australia renewables market with deal to help fund Maoneng's $2 billion portfolio of battery and solar projects.

The post Hong Kong real estate fund backs $2 billion of battery and solar projects in Australia appeared first on RenewEconomy.

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“This is a big deal:” Labor rolls out package for offshore wind, Marinus and Victoria renewables

Wed, 2022-10-19 08:06

offshore wind core generationLabor unveils multi-billion dollar packages to support offshore wind, the Marinus Link and other transmission upgrades.

The post “This is a big deal:” Labor rolls out package for offshore wind, Marinus and Victoria renewables appeared first on RenewEconomy.

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Australian business leaders still baulking at 1.5°C target, despite their net zero promises

Wed, 2022-10-19 07:35

Corporate Australia is anxious about how much climate action will cost but still believes the country now needs to be thinking about net negative targets.

The post Australian business leaders still baulking at 1.5°C target, despite their net zero promises appeared first on RenewEconomy.

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Massive 20MW turbines proposed for world’s first subsidy-free floating wind farm

Tue, 2022-10-18 20:31

Thirty 20MW wind turbines to feature in what is being hailed as the world's first subsidy free floating offshore wind project.

The post Massive 20MW turbines proposed for world’s first subsidy-free floating wind farm appeared first on RenewEconomy.

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WA boosts green hydrogen export plans with land allocation, new funds

Tue, 2022-10-18 14:08

WA allocates land and $5.5m in new funding to fast-track the Mid West Hydrogen Hub, in bid to become a "world class exporter" of renewable hydrogen.

The post WA boosts green hydrogen export plans with land allocation, new funds appeared first on RenewEconomy.

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Call to fast-track solar recycling as panel waste problem piles up

Tue, 2022-10-18 13:36

A new international report says Australia needs policy, regulation and more R&D to deal with what could be a very big solar panel waste problem.

The post Call to fast-track solar recycling as panel waste problem piles up appeared first on RenewEconomy.

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Are fossil fuels on the nose? Opposition spreads to government and the cricket pitch

Tue, 2022-10-18 13:18

climate change protest signage ipcc report science - mazengarb - optimisedSocial and financial support for Australia’s fossil fuel industry is deteriorating amid reports of greenwashing, harmful subsidies and soured alliances.

The post Are fossil fuels on the nose? Opposition spreads to government and the cricket pitch appeared first on RenewEconomy.

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Does the NEM have a future in the energy transition? Or will states resort to MIMBYism?

Tue, 2022-10-18 12:43

While AEMO has a market-wide plan for the shift to renewables, some states are transparently protecting their own interests. It’s the opposite of NIMBYism.

The post Does the NEM have a future in the energy transition? Or will states resort to MIMBYism? appeared first on RenewEconomy.

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CEO of Australia’s only solar panel manufacturer to step down

Tue, 2022-10-18 10:45

 Tindo Solar).Tindo Solar announces a change at the top, with the company's CEO Shayne Jaenisch stepping down at the end of the year, after five years in the role.

The post CEO of Australia’s only solar panel manufacturer to step down appeared first on RenewEconomy.

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When critical minerals and decarbonisation collide: Eight value-add refining proposals

Tue, 2022-10-18 09:17

pilbara minerals lithium mine cefc - optimisedA look at $10bn-plus of newer projects in Australia and NZ that value-add across a range of resources critical to the clean energy transition.

The post When critical minerals and decarbonisation collide: Eight value-add refining proposals appeared first on RenewEconomy.

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BlackRock’s Akaysha scores coup with contract to build “world’s most powerful” battery

Tue, 2022-10-18 07:56

Start-up bought by funds giant BlackRock snares contract to build Waratah Super Battery, now dubbed "most powerful battery in the world."

The post BlackRock’s Akaysha scores coup with contract to build “world’s most powerful” battery appeared first on RenewEconomy.

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Solar eliminates nearly all grid demand as its powers South Australia grid during day

Mon, 2022-10-17 22:04

solar panelsRooftop and utility scale solar meet equivalent of all of South Australia's electricity demand for more than six hours on Sunday, as "operational demand" nearly eliminated.

The post Solar eliminates nearly all grid demand as its powers South Australia grid during day appeared first on RenewEconomy.

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Rooftop solar smashes demand and supply records in world’s biggest isolated grid

Mon, 2022-10-17 21:48

Perth regulator Western Australia AEMO WEM capacity market rules breach - optimisedRooftop solar provides nearly three quarters of demand in world's biggest isolated grid, sending "operational" demand to record low for third time in eight days.

The post Rooftop solar smashes demand and supply records in world’s biggest isolated grid appeared first on RenewEconomy.

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Snowy contractor shares plunge after it reveals “acute” working capital issues

Mon, 2022-10-17 21:09

Snowy Hydro penstocks tumut 3 pumped energy storage - optimisedShares in the owner of one of the two main contractors to Snowy 2.0 plunge on Monday after revealing evaporating profits and working capital problems.

The post Snowy contractor shares plunge after it reveals “acute” working capital issues appeared first on RenewEconomy.

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