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News and analysis for the clean energy economy
Updated: 2 hours 47 min ago

Green Swans: Central banks may have to foot bill for stranded fossil fuel assets

Tue, 2020-01-21 14:24

reserve bank of australia green swan climate risk building rba sydney - optimisedCentral banks may be forced to bail out failing fossil fuel investments, as global banking regulator warns of 'existential' climate risks.

The post Green Swans: Central banks may have to foot bill for stranded fossil fuel assets appeared first on RenewEconomy.

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Australia to add 3.6GW of new solar and wind to grid in 2020

Tue, 2020-01-21 14:17

Wind Turbine Construction investor confidence - optimisedDespite the dive in large-scale renewable energy investment in Australia in 2019, a record number of new solar and wind farms forecast to be completed in 2020.

The post Australia to add 3.6GW of new solar and wind to grid in 2020 appeared first on RenewEconomy.

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Australia’s coal and gas plants are breaking down every three days

Tue, 2020-01-21 13:08

Report highlights increasing danger of relying on Australia’s ageing gas and coal power plants, which have broken down once every 3.2 days on average over past two years.

The post Australia’s coal and gas plants are breaking down every three days appeared first on RenewEconomy.

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Angus Taylor’s secret consultation on emissions cuts stacked towards big emitters

Tue, 2020-01-21 12:53

angus taylor scott morrison - optimised investors consultationTaylor's secret review of emissions policy has heavily skewed its consultation towards Australia's biggest emitters and the fossil fuel lobby.

The post Angus Taylor’s secret consultation on emissions cuts stacked towards big emitters appeared first on RenewEconomy.

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China – a few policy makers carry a heavy burden, but coal phase out is possible

Tue, 2020-01-21 12:48

Climate change is placing a heavy burden on China's policy-makers, but they have a potential roadmap to phase out coal and help cap warming at around 1.5°C.

The post China – a few policy makers carry a heavy burden, but coal phase out is possible appeared first on RenewEconomy.

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Vestas commits to zero-waste wind turbines and carbon neutrality

Tue, 2020-01-21 10:59

Vestas promises to deliver "zero waste" wind turbines by 2040, with a particular focus on turbine blades which are currently made by non-recyclable composite materials. 

The post Vestas commits to zero-waste wind turbines and carbon neutrality appeared first on RenewEconomy.

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Macquarie signs wind deal with European metals giant

Tue, 2020-01-21 10:52

Macquarie's Green Investment Group inks deal to supply power to mining and metals company Eramet Norway from two Norwegian wind farms.

The post Macquarie signs wind deal with European metals giant appeared first on RenewEconomy.

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Total to build 800MW solar plant for Qatar World Cup at “world lowest” price

Tue, 2020-01-21 10:33

Total and Marubeni to build 800MW solar plant in time for Qatar's World Cup at what is claimed to be the lowest price for such a project.

The post Total to build 800MW solar plant for Qatar World Cup at “world lowest” price appeared first on RenewEconomy.

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First turbine up at 180MW Warradarge Wind Farm in W.A.

Tue, 2020-01-21 10:02

The first of 51 Vestas wind turbines erected at Warradarge wind farm, a 180MW project being developed by Bright Energy Investments in Western Australia’s mid-west region.

The post First turbine up at 180MW Warradarge Wind Farm in W.A. appeared first on RenewEconomy.

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Tesla Model Y deliveries now set to start in two weeks

Tue, 2020-01-21 08:45

 TeslaLatest talk is that first deliveries of Tesla Model Y electric crossover will begin in two weeks, while images and video surface of third row rear seats.

The post Tesla Model Y deliveries now set to start in two weeks appeared first on RenewEconomy.

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Tesla takes 70 per cent of market, as Australian EV sales reach 5,000 in 2019

Tue, 2020-01-21 08:31

elon musk model 3 launchTesla dominates market for new electric vehicles in Australia in 2020, mostly through Model 3 which will likely beat all but one of its petrol and diesel rivals too.

The post Tesla takes 70 per cent of market, as Australian EV sales reach 5,000 in 2019 appeared first on RenewEconomy.

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Victoria slashes grid outage risk with record demand response uptake

Mon, 2020-01-20 14:51

Record customer participation in demand response cuts risk of blackouts and delivers more than half a million dollars to savvy households, new data shows.

The post Victoria slashes grid outage risk with record demand response uptake appeared first on RenewEconomy.

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Morrison says NSW minister “doesn’t know what he’s talking about.” Does Morrison?

Mon, 2020-01-20 14:16

Scott Morrison Ace GuttersMorrison misrepresents federal emissions targets and renewables investment while trying to chastise NSW energy minister Matt Kean over climate.

The post Morrison says NSW minister “doesn’t know what he’s talking about.” Does Morrison? appeared first on RenewEconomy.

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Progress as 800MW Clarke Creek wind farm nears construction in Queensland

Mon, 2020-01-20 13:23

Construction imminent for Lacour Energy’s 800MW Clarke Creek wind farm in central Queensland, with inaugural community consultative committee meeting held last week.

The post Progress as 800MW Clarke Creek wind farm nears construction in Queensland appeared first on RenewEconomy.

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MPower starts work on two more 5MW solar farms for South Australia

Mon, 2020-01-20 12:22

Renewable microgrid specialist begins early works on two new 5MW solar farms in South Australia, in continued focus on smaller grid-connected PV projects.

The post MPower starts work on two more 5MW solar farms for South Australia appeared first on RenewEconomy.

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Know your NEM: Rooftop solar catches wind in slow, but low priced start to 2020

Mon, 2020-01-20 11:19

Rooftop solar nearly caught wind energy at start of 2020, as low futures prices mark debut of the New Year.

The post Know your NEM: Rooftop solar catches wind in slow, but low priced start to 2020 appeared first on RenewEconomy.

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German government, mining states, and utilities fix path for coal exit

Mon, 2020-01-20 10:36

German government, utilities and key mining states agree on coal phase out, although environmental groups say the plan is too slow.

The post German government, mining states, and utilities fix path for coal exit appeared first on RenewEconomy.

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Federation makes big offer to acquire wind farm developer Windlab

Mon, 2020-01-20 10:22

windlab acquisition acquire collgar wind farm - optimisedFederation Asset Management makes bid to acquire all remaining shares in Windlab, which has experienced delays in two of its key renewable energy projects,

The post Federation makes big offer to acquire wind farm developer Windlab appeared first on RenewEconomy.

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NSW flags imminent release of EV strategy, as feds ignore electric in auto transition report

Fri, 2020-01-17 15:06

New plan to encourage NSW drivers to adopt electric vehicles to be released soon by the NSW Liberal government, while federal Coalition ignores EVs in new auto industry report.

The post NSW flags imminent release of EV strategy, as feds ignore electric in auto transition report appeared first on RenewEconomy.

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How much does smoke haze affect rooftop solar production?

Fri, 2020-01-17 15:01

Solar monitoring company Solar Analytics has found that rooftop PV systems in Sydney and Canberra saw PV output plummet by 15 – 45% on heavy smoke haze days.

The post How much does smoke haze affect rooftop solar production? appeared first on RenewEconomy.

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