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News and analysis for the clean energy economy
Updated: 1 hour 54 min ago

Climate friendly investments performing better amid Covid-19 disruption

Thu, 2020-04-30 14:31

Canva - Energy saving LED BULB ECO With the environment on wood backgrounds - optimisedMajor global bank HSBC finds that climate friendly investments have singificantly outperformed global markets amid Covid-19 disruptions.

The post Climate friendly investments performing better amid Covid-19 disruption appeared first on RenewEconomy.

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Origin electricity sales plunge as working-from-home soaks up rooftop solar

Thu, 2020-04-30 14:30

market rebate rooftop solar suburb politicallyOrigin Energy sees retail electricity sales slashed by 11 pct in first three months of 2020, as working-from-home uses more rooftop solar.

The post Origin electricity sales plunge as working-from-home soaks up rooftop solar appeared first on RenewEconomy.

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Fund to help develop clean energy projects in Western Australia

Thu, 2020-04-30 13:09

via Canva - solar panels and wind turbine with sunset on the hill concept idea clean energy - optimisedThe McGowan Government has opened applications for the first round of funding as part of its Clean Energy Future Fund.

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Australian renewables Stimulus Summit adds Palaszczuk as keynote speaker

Thu, 2020-04-30 12:45

More big names announced to headline first-of-its-kind online Stimulus Summit, to chart a path for simultaneously revitalising and decarbonising Australia’s economy.

The post Australian renewables Stimulus Summit adds Palaszczuk as keynote speaker appeared first on RenewEconomy.

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Musk rails against “fascist” lockdown, but says Tesla better placed than rivals

Thu, 2020-04-30 11:52

 TeslaMusk compares stay-at-home orders to Fascist dictates, but says Tesla is better placed than its rivals to emerge from pandemic. Investors agree.

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CEFC should expand into bushfire resilience, adaptation, investor group says

Thu, 2020-04-30 11:25

unsw democracies climate change flood island - optimisedInvestor group tells bushfire Royal Commission more investment is needed in climate resilience as risks mount.

The post CEFC should expand into bushfire resilience, adaptation, investor group says appeared first on RenewEconomy.

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Final turbine installed at Australia’s largest wind farm

Thu, 2020-04-30 11:22

Last of 123 turbines installed at the 453MW Coopers Gap project in Queensland – Australia's largest wind farm for a short time, at least.

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Longi launches 370W solar module in Australia, with eye to commercial market

Thu, 2020-04-30 11:08

Chinese PV giant launches HiMo 4 series of solar modules in Australia, promising more power, higher energy conversion efficiency, and lower installation costs.

The post Longi launches 370W solar module in Australia, with eye to commercial market appeared first on RenewEconomy.

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AEMO lays out “action plan” to manage 75 pct wind and solar by 2025

Thu, 2020-04-30 00:10

Wind Farm Western Australia macquarie pipeline - optimisedAEMO says no technical issues to prevent operating at 75% renewables by 2025, but it does need the market and regulations to catch up and be flexible.

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Zero contact and zero emissions: “Covid safe” electric taxis to launch in Sydney

Wed, 2020-04-29 17:40

etaxico byd electric taxisFleet of 120 electric taxis offering hygienic transport alternative will launch in Sydney in coming weeks, the first in planned 2,000 fleet as part of a "Clean Air Taxi" initiative by new e-taxi platform ETaxiCo.

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Energy start-up executive awarded 2020 Women in Renewables AICD scholarship

Wed, 2020-04-29 15:28

CECHannah Heath, Chief Strategy Officer, Nectr (Hanwha Energy), has been named the recipient of the 2020 Women in Renewables Australian Institute of Company Directors (AICD) scholarship.

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Massive hydrogen project gets green light after securing $300m investment

Wed, 2020-04-29 15:28

hydrogen plantMassive $300M renewable hydrogen project secures investment funding set to accelerate Australia's green hydrogen capabilities.

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Emissions fall for first time since 2015, as renewables set new records

Wed, 2020-04-29 14:13

Pollution and Dead Tree erf auction emissions tree - optimisedAustralia's emissions in 2019 fell to their lowest level in four years, but we are still a long way from the cuts needed to meet the Paris Agreement targets.

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Cherry Tree wind farm delivers first generation to Victorian grid

Wed, 2020-04-29 13:13

The 57MW Cherry Tree wind farm near Seymour delivers first power to the grid to grid in Victoria, just under two months after last of the project’s turbines were installed.

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Taylor, department refuse to release findings of ‘expert panel’ into emissions reductions

Wed, 2020-04-29 12:30

investigation Angus Taylor COP25 Parliament minister energy emissions reduction - optimisedAngus Taylor again refuses to details of advice to government about energy and emissions policies, refusing a RenewEconomy FOI request.

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Stunning record low bid of US 1.35 cents/kWh wins Abu Dhabi solar auction

Wed, 2020-04-29 11:21

Abu Dhabi Power Corp lays claim to “world’s lowest tariff” for solar power, with competitive bids for 2GW Al Dhafra project setting a price at roughly $A0.02/kWh.

The post Stunning record low bid of US 1.35 cents/kWh wins Abu Dhabi solar auction appeared first on RenewEconomy.

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Simec Atlantis completes “mammoth” tidal turbine build in Wuhan

Wed, 2020-04-29 10:27

SIMEC AtlantisSimec Atlantis has completed the installation of mammoth tidal stream turbine, boasting a rotor diameter of 18 metres, in the Zhoushan archipelago in China.

The post Simec Atlantis completes “mammoth” tidal turbine build in Wuhan appeared first on RenewEconomy.

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Recipe for cheaper electricity? Try 90 per cent renewables by 2040

Wed, 2020-04-29 08:29

AMP Capital stake Macarthur Wind Farm AMP Capital - optimisedEnergy minister Angus Taylor said "too much" wind and solar would push up prices. Experience, and new modelling, shows the opposite is true.

The post Recipe for cheaper electricity? Try 90 per cent renewables by 2040 appeared first on RenewEconomy.

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Analysis: Great Britain hits coal-free electricity record amid coronavirus lockdown

Wed, 2020-04-29 08:25

Great Britain has run for a new record of 18 days, six hours and 15 minutes without burning coal to generate electricity – and counting – as the coronavirus lockdown cuts demand by nearly 20%.

The post Analysis: Great Britain hits coal-free electricity record amid coronavirus lockdown appeared first on RenewEconomy.

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Solar, wind and battery storage now cheapest energy options just about everywhere

Tue, 2020-04-28 22:00

More big falls in cost of wind, solar and storage mean they are cheapest form of new energy generation nearly everywhere in the world, and particularly in Australia.

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