RenewEconomy
Amid devastation, Tesla begins restoring power in Puerto Rico
Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.
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Private car ownership is ridiculously wasteful
Here’s a question: how big is the entire power plant fleet in your country compared to the fleet of vehicles?
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Global investors buy Equis projects and Australia/Asia renewable story
Three major global investors buy renewable energy portfolio of Equis Energy as big money continues to flood into Asia and Australia renewable market. Meanwhile, in Canberra...
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Nissan to join Formula E Electric Racing from 2018-19 season
Nissan will become the first Japanese automotive brand to compete in the all-electric FIA Formula E racing championship starting in 2018.
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Know your NEM: A closer look at Vales Point
A closer look at Vales Point, and the money made by its new owner Sunset Power; and how to quantify the costs of climate change.
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Sonnen to unveil first Australian micro-grid, contemplates local manufacture
Sonnen to announce first Australian micro-grid, or "SonnenCity", where new housing developments come equipped with solar and storage. It says distributed energy key to slashing electricity prices.
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Battery swapping will drive India’s electric car revolution
The global electric vehicle revolution will be bottom up, and developing countries like India will lead it.
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Herbert Smith Freehills advises lenders on the financing of central Queensland solar farm
Emerald Solar Park is underpinned by a long term power purchase agreement with Telstra as offtaker. Reaching financial close marks the first banked transaction in Australia with a corporate PPA from Telstra.
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Turnbull’s NEG claims first major renewable energy victim
NEG causes market value of one of major renewable energy players to be slashed by analysts, and puts the future of some $50 billion of renewable energy projects in doubt. But it is good for incumbents, because less renewables means higher prices.
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Powering a social licence failure: The National Energy Guarantee
The Coalition's NEG - based on hastily prepared advice and zero engagement with the community - shows government has learnt nothing from the social licence issues that have plagued fossil fuel industry.
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NEG will replace electricity markets with Soviet-style state planning
The NEG is the end of the electricity market as we know it. Effectively, it puts the regulators at the centre of the industry. It is the Australian energy equivalent of “Gosplan”, the State Planning Committee.
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LONGi Solar achieves a new world record for PERC cell efficiency
LONGi Green Energy Technology Co., Ltd. announced today that Fraunhofer ISE CalLab of Germany certified a photovoltaic conversion efficiency of 22.71% on the company's monocrystalline PERC cell, which is a new world record for this cell type.
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ESB told to ignore climate, as lobby groups muscle in on policy
Energy Security Board instructed to ignore Paris climate goals as main business lobby group asks for seat at table in talks around proposed National Energy Guarantee. This comes as more confirmation received on hurried and secret proposals, and as Coalition launches another scare campaign about renewable energy costs.
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Electric vehicle uptake will drain fuel tax revenue, report warns
Productivity Commission warns Australia's inevitable shift from petrol fuelled cars to EVs will take a huge chunk out of the federal government budget.
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Graphs of the Day: Wind fast, solar faster, batteries fastest
Four charts show that in the global race to build new energy capacity, wind is fast, solar is faster, and batteries will be faster again. Meanwhile, coal power...
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Construction begins on Emerald Solar Farm after financial close reached
Emerald solar farm, Australia’s first large-scale offsite renewables corporate PPA, reaches financial close and begins construction.
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Access to RenewEconomy may be slow due to denial of service attacks
Readers of RenewEconomy may find access to the website unexpectedly slow or difficult today, because of measures it introduced to deal with repeated denial of service attacks.
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Energy consumers are paying for useless, profit-boosting infrastructure
It is difficult not to lapse into despair about Australia’s energy policy morass, which is dominated by a deeply entrenched culture of half-truths, vested interests, ideology and wishful thinking.
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‘Buy clean’ wants to change the way we build stuff
Once again, California is leading the way, this time on state contracts for infrastructure, where suppliers work to keep their carbon pollution low.
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Vales Point: Coal profits from energy policy chaos
Last week, a parable of Australia’s energy policy chaos came to light. Not in the bawdy policy debate in Canberra, but in the quietly filed financial reports of a power station owner.
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