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News and analysis for the clean energy economy
Updated: 2 hours 43 min ago

Fully Charged “festival of electrification” to debut in Australia

Thu, 2022-10-20 18:02

The hugely popular Fully Charged Live "festival of electrification" will debut in Australia early next year, with a Sydney show supported by The Driven and RenewEconomy.

The post Fully Charged “festival of electrification” to debut in Australia appeared first on RenewEconomy.

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Vena Energy confirms plan for 2GW offshore wind farm in Victoria

Thu, 2022-10-20 17:34

Vena Energy confirms it plans a 2GW offshore wind farm in Victoria's Gippsland region with turbines up to 21MW each.

The post Vena Energy confirms plan for 2GW offshore wind farm in Victoria appeared first on RenewEconomy.

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Fossil fuelled-Australia’s climate policies still don’t stack up against G20, says report

Thu, 2022-10-20 14:09

Liddell Power Station Hunter Valley NSW Australia - optimisedDespite a climate-forward federal government and boosted targets, Australia is still heavily wedded to fossil fuels, both for energy and transport.

The post Fossil fuelled-Australia’s climate policies still don’t stack up against G20, says report appeared first on RenewEconomy.

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Brisbane based battery innovator in running for $150m in US government funding

Thu, 2022-10-20 14:05

novonix anodeNovonix has been tapped to get grant funding from the US Department of Energy as part of its strategy to build up America's battery supply chain.

The post Brisbane based battery innovator in running for $150m in US government funding appeared first on RenewEconomy.

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Equis returns to Australia with huge wind portfolio and five big battery projects

Thu, 2022-10-20 14:00

Equis returns to Australia with a portfolio of 800MW of wind projects in Tasmania and a handful of bigger battery projects in four other states.

The post Equis returns to Australia with huge wind portfolio and five big battery projects appeared first on RenewEconomy.

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Vast Solar plans “CSP gigafactory” for heliostats and receivers in Queensland

Thu, 2022-10-20 12:54

Solar thermal developer says it aims to establish a "CSP gigafactory" on Australian soil, after a successful trial at a pilot manufacturing plant.

The post Vast Solar plans “CSP gigafactory” for heliostats and receivers in Queensland appeared first on RenewEconomy.

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“Pedal to the metal:” Musk says battery storage will outstrip electric vehicle growth

Thu, 2022-10-20 12:47

Tesla reveals big surge in battery storage deployment, which Elon Musk says will outstrip the growth in electric vehicles.

The post “Pedal to the metal:” Musk says battery storage will outstrip electric vehicle growth appeared first on RenewEconomy.

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Victoria fast-tracks coal exit with target for 95 pct renewables by 2035

Thu, 2022-10-20 10:44

Victoria Labor jacks up its renewable energy and net-zero emissions ambition, with promise of new government-owned energy company to deliver targets.

The post Victoria fast-tracks coal exit with target for 95 pct renewables by 2035 appeared first on RenewEconomy.

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Germany extends life of nuclear power plants, but phase-out stands

Thu, 2022-10-20 09:03

German chancellor agrees to delay the closure of the nation's remaining nuclear plants. But stresses that after winter, nuclear power is "finished in Germany."

The post Germany extends life of nuclear power plants, but phase-out stands appeared first on RenewEconomy.

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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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