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News and analysis for the clean energy economy
Updated: 2 hours 25 min ago

ICG buys stake in 40 small solar farms, option to dabble in hydrogen battery storage

Wed, 2022-01-19 12:30

Providence Asset Group solar farm Lavo batteryInfrastructure Capital Group buys majority stake in portfolio of solar projects developed by Providence Asset Group, with "low-risk" option to expand into hydrogen storage.

The post ICG buys stake in 40 small solar farms, option to dabble in hydrogen battery storage appeared first on RenewEconomy.

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Big Australian banks slammed for funding massive gas “carbon bomb”

Wed, 2022-01-19 11:27

Woodside's North Rankin Complex in the North West Shelf.ANZ, NAB and Westpac have been criticised for helping to bankroll Woodside's massive expansion of LNG production, despite their climate pledges.

The post Big Australian banks slammed for funding massive gas “carbon bomb” appeared first on RenewEconomy.

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Plans approved for biggest battery storage system in Victoria

Wed, 2022-01-19 10:38

A 240MW/480MWh project proposed by Maoneng for the Mornington Peninsula has been cleared for development by the state government.

The post Plans approved for biggest battery storage system in Victoria appeared first on RenewEconomy.

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Scotland awards mammoth 25GW of offshore and floating offshore wind

Wed, 2022-01-19 08:35

Scotland has awarded 17 leases for the development of nearly 25GW of offshore wind energy projects – roughly half of which will result in floating wind farms.

The post Scotland awards mammoth 25GW of offshore and floating offshore wind appeared first on RenewEconomy.

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Skyrocketing EV sales in China signal no turning back for global energy transition

Wed, 2022-01-19 08:24

When China moves, the rest of the world follows. And on the electric vehicle front, the avalanche of technology, policy and finance moves is now unstoppable.

The post Skyrocketing EV sales in China signal no turning back for global energy transition appeared first on RenewEconomy.

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Austalian biomass-to-hydrogen venture readies for US public listing

Tue, 2022-01-18 14:28

 Hunter Energy).Australian based Verdant Earth readies to list on the Nasdaq, to raise funds for its planned NSW biomass-to-hydrogen plant.

The post Austalian biomass-to-hydrogen venture readies for US public listing appeared first on RenewEconomy.

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Victoria pushes ahead with 1.5GW network upgrade in windy south-west

Tue, 2022-01-18 13:39

Victoria pushes ahead with major transmission upgrade, to open way for 1,500MW of additional renewable capacity and ease wind farm constraints.

The post Victoria pushes ahead with 1.5GW network upgrade in windy south-west appeared first on RenewEconomy.

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Victoria backs hydrogen fuelled cremations, fuel cell buses, with $7m in grants

Tue, 2022-01-18 12:24

Victorian energy minister Lily D'AmbrosioFuel cell buses, trucks and hydrogen fuelled cremation to be trialled in Victoria with the support of more than $7 million in state government grants.

The post Victoria backs hydrogen fuelled cremations, fuel cell buses, with $7m in grants appeared first on RenewEconomy.

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Know your NEM: As rooftop solar soars, something is rotten in the state of Queensland

Tue, 2022-01-18 12:21

Queensland's wholesale electricity prices are going through the ceiling, which is remarkable given that nothing in particular is happening to demand.

The post Know your NEM: As rooftop solar soars, something is rotten in the state of Queensland appeared first on RenewEconomy.

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New research hub to tackle energy transition’s toughest challenges

Tue, 2022-01-18 11:03

 Griffith Business School).A new hub for energy market expertise will tackle some of the toughest challenges of transitioning the Australian electricity grid to net-zero emissions.

The post New research hub to tackle energy transition’s toughest challenges appeared first on RenewEconomy.

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How competitive is Australian renewable hydrogen?

Tue, 2022-01-18 10:28

How close are we really to a green hydrogen industry? And which states are best placed to host it? New research offers some answers.

The post How competitive is Australian renewable hydrogen? appeared first on RenewEconomy.

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5B targets solar farm building robots in $33m push to ultra low cost PV

Tue, 2022-01-18 10:19

sun cable 5b solar northern territory optimisedAustralian solar innovator launches $33.4m ARENA-backed program to leverage automation – including solar farm building robots – to make it faster and cheaper to develop large-scale projects.

The post 5B targets solar farm building robots in $33m push to ultra low cost PV appeared first on RenewEconomy.

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Western Australian gas producers pay paltry royalties to government

Mon, 2022-01-17 14:18

 Canva).The bulk of Western Australia's LNG production is subject to little or no tax, despite surging income, new analysis shows.

The post Western Australian gas producers pay paltry royalties to government appeared first on RenewEconomy.

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UK energy crisis is a fossil fuel crisis – and gas is the villain

Mon, 2022-01-17 12:46

New analysis reveals that the skyrocketing price of fossil gas was responsible for 85% of the increase in UK wholesale electricity prices in 2021. Not green investments.

The post UK energy crisis is a fossil fuel crisis – and gas is the villain appeared first on RenewEconomy.

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How renewable hydrogen could shake up the geopolitics of energy

Mon, 2022-01-17 12:29

 Canva).The emergence of a green hydrogen economy could lead to a fundamental shake-up of global energy powers – who will come out on top?

The post How renewable hydrogen could shake up the geopolitics of energy appeared first on RenewEconomy.

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Fortescue strikes green hydrogen deal with German polymer producer

Mon, 2022-01-17 10:16

Covestro's technical center Leverkusen, Germany (photo supplied).Fortescue Future Industries signs MoU with German polymer producer Covestro to supply up to 100,000 tonnes of green hydrogen annually from 2024.

The post Fortescue strikes green hydrogen deal with German polymer producer appeared first on RenewEconomy.

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What’s going on with Australia’s “sun tax”?

Mon, 2022-01-17 08:49

What's been happening since the final determination on rule change requests over access, pricing and incentive arrangements for rooftop solar. Short answer: lots.

The post What’s going on with Australia’s “sun tax”? appeared first on RenewEconomy.

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Neoen begins work on first stage of Australia’s biggest wind, solar and battery project

Mon, 2022-01-17 06:00

Neoen has begun work on the first 412MW stage of what will be the country's biggest wind, solar and battery storage project.

The post Neoen begins work on first stage of Australia’s biggest wind, solar and battery project appeared first on RenewEconomy.

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Modelling showcases green building cred of Australian solar glass technology

Fri, 2022-01-14 13:29

New modelling demonstrates how ClearVue's integrated solar glass technology can boost a building’s energy and thermal efficiency to world-leading levels.

The post Modelling showcases green building cred of Australian solar glass technology appeared first on RenewEconomy.

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Germany plans emergency program for “huge, gigantic” 2030 emissions task

Fri, 2022-01-14 11:51

Germany’s new climate minister says the nation has eight years to achieve the same growth in renewables achieved in the past 30 years.

The post Germany plans emergency program for “huge, gigantic” 2030 emissions task appeared first on RenewEconomy.

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