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News and analysis for the clean energy economy
Updated: 16 min 38 sec ago

Government advisory body tells Morrison to lift his game on climate

Thu, 2020-03-19 11:27

Federal government advisory body says Morrison must move quickly on climate change to seize economic opportunities, and to mitigate the growing impacts on Australians.

The post Government advisory body tells Morrison to lift his game on climate appeared first on RenewEconomy.

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Clean energy investor head to lead Fortescue Metals energy division

Thu, 2020-03-19 11:16

Head of renewables investment group to take new role heading energy division at iron ore miner Fortescue Metals, which is playing increasing role in clean energy transition.

The post Clean energy investor head to lead Fortescue Metals energy division appeared first on RenewEconomy.

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Victoria seizes power to speed-up network investments, skip RIT-T assessments

Wed, 2020-03-18 14:36

Reforms Lily D'Ambrosio All Energy 2019 - optimsiedVictorian parliament passes legislation granting the state's energy minister new powers to exempt network investments from RIT-T assessments.

The post Victoria seizes power to speed-up network investments, skip RIT-T assessments appeared first on RenewEconomy.

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Copperstring could unlock wind and solar, and huge minerals province

Wed, 2020-03-18 14:22

Kennedy Energy Park wind turbine construction 2 - optimisedCopperstring transmission project could unlock huge wind, solar and mineral reserves in Queensland, and save Mt Isa.

The post Copperstring could unlock wind and solar, and huge minerals province appeared first on RenewEconomy.

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Mining giants BHP, Anglo and Fortescue join forces for “green hydrogen”

Wed, 2020-03-18 14:14

hydrogen plantAnglo American, BHP, Fortescue and Hatch join forces to “de-risk and accelerate” production of renewable hydrogen, in bid to help decarbonise mining sector operations.

The post Mining giants BHP, Anglo and Fortescue join forces for “green hydrogen” appeared first on RenewEconomy.

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New York State announces nearly 1.3GW of low-cost new renewables, storage

Wed, 2020-03-18 14:11

New York state tender delivers 1.3GW of wind, solar and storage projects - at an average cost of below $US19/MWh.

The post New York State announces nearly 1.3GW of low-cost new renewables, storage appeared first on RenewEconomy.

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As economy stalls, the government should remap Australia’s energy landscape

Wed, 2020-03-18 14:01

Australia should use energy transition to re-boot economy as energy markets pause, oil prices crash, and a virus without a vaccine stalls human activity around the world.

The post As economy stalls, the government should remap Australia’s energy landscape appeared first on RenewEconomy.

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Video meeting of energy ministers adds to growing schism as investment plunges

Wed, 2020-03-18 13:30

COAG Energy Council meeting ministers - optimisedClean energy industry pushes for new measures to address 50 per cent slump in new investment, as schism grows between states and federal government on energy.

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Neoen announces the signing of a 200 M€ syndicated loan linked to ESG criteria

Wed, 2020-03-18 13:23

NeoenNeoen announces the signing of its first syndicated loan for an amount of 200 million euros.

The post Neoen announces the signing of a 200 M€ syndicated loan linked to ESG criteria appeared first on RenewEconomy.

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FRV buys 90MW Riverina solar farm, lands PPA with Snowy Hydro

Wed, 2020-03-18 12:15

Solar Energy Panels Detail - optimisedFRV signs new power purchase agreement with Snowy Hydro for output of newly acquired 90MW Sebastopol Solar Farm in NSW Riverina.

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Element25 lands finance to pursue Australia’s first “green metals” export project

Wed, 2020-03-18 12:08

Element25 lands finance to advance plans to develop Australia's first "green metals" export project, drawing on the lower costs of wind and solar power.

The post Element25 lands finance to pursue Australia’s first “green metals” export project appeared first on RenewEconomy.

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Victoria slammed for using misleading data to justify lifting of gas moratorium

Wed, 2020-03-18 11:23

Fracking Drill Rig at Sunset victoria australia institute - optimisedThe Australia Institute slams the Victorian government for using misleading jobs and emissions figures to justify lifting of gas moratorium.

The post Victoria slammed for using misleading data to justify lifting of gas moratorium appeared first on RenewEconomy.

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Steep emissions plunge puts Germany’s original 2020 climate target back in sight

Tue, 2020-03-17 14:20

Germany’s carbon emissions have fallen sharply in 2019 for the third year in a row, bringing the country closer to climate targets it had already written off.

The post Steep emissions plunge puts Germany’s original 2020 climate target back in sight appeared first on RenewEconomy.

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Coronavirus could deliver first global solar market contraction since 1980s, says BNEF

Tue, 2020-03-17 12:14

Bloomberg New Energy Finance says hit to demand as Coronavirus takes hold could make 2020 the "first down year for solar capacity addition" in several decades.

The post Coronavirus could deliver first global solar market contraction since 1980s, says BNEF appeared first on RenewEconomy.

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Victoria lifts moratorium on onshore gas, but permanently bans fracking

Tue, 2020-03-17 11:51

gas flare fracking victoria moratorium 2 - optimisedVictorian Andrews government to allow onshore gas exploration, but will permanently ban CSG and fracking. Environmental groups and the Greens label it "disaster capitalism".

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Huge Dundonnell wind farm begins production in Victoria

Tue, 2020-03-17 11:34

Huge Dundonnell wind farm begins output in Victoria, one of the few large scale wind and solar projects to connect on schedule.

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AEMC backs off on COGATI rule change, relief for solar and wind sector

Tue, 2020-03-17 10:21

Disaster averted as main rule maker backs off on controversial rule change that would have erected more barriers to wind and solar projects.

The post AEMC backs off on COGATI rule change, relief for solar and wind sector appeared first on RenewEconomy.

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Zali Steggall holds fire on zero emissions climate bill amid Coronavirus chaos

Tue, 2020-03-17 09:41

zali steggall parliament house politics - optimised legislationIndependent Zali Steggall to defer presentation of federal Climate Change Bill from next Monday to a later date, as Parliament focuses on its response to COVID-19.

The post Zali Steggall holds fire on zero emissions climate bill amid Coronavirus chaos appeared first on RenewEconomy.

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Trina targets Australia’s big solar market with new 500W module

Tue, 2020-03-17 08:45

Trina Solar says one of its new 500W PV modules coming to Australia this year could cut the levelised cost of energy by 3-4% for solar farms of 1MW or larger.

The post Trina targets Australia’s big solar market with new 500W module appeared first on RenewEconomy.

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China solar giant LONGi pledges to source 100% renewables by 2028

Tue, 2020-03-17 08:44

China PV manufacturer joins RE100 with pledge to use renewable energy only by 2028, says it “firmly believes” world can get to 100% renewables by 2050.

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