RenewEconomy
Climate friendly investments performing better amid Covid-19 disruption
Major global bank HSBC finds that climate friendly investments have singificantly outperformed global markets amid Covid-19 disruptions.
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Origin electricity sales plunge as working-from-home soaks up rooftop solar
Origin 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.
Fund to help develop clean energy projects in Western Australia
The 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
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.
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Musk rails against “fascist” lockdown, but says Tesla better placed than rivals
Musk 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
Investor group tells bushfire Royal Commission more investment is needed in climate resilience as risks mount.
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Final turbine installed at Australia’s largest wind farm
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
Chinese PV giant launches HiMo 4 series of solar modules in Australia, promising more power, higher energy conversion efficiency, and lower installation costs.
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AEMO lays out “action plan” to manage 75 pct wind and solar by 2025
AEMO 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
Fleet 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
Hannah 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
Massive $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
Australia'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
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.
The post Cherry Tree wind farm delivers first generation to Victorian grid appeared first on RenewEconomy.
Taylor, department refuse to release findings of ‘expert panel’ into emissions reductions
Angus Taylor again refuses to details of advice to government about energy and emissions policies, refusing a RenewEconomy FOI request.
The post Taylor, department refuse to release findings of ‘expert panel’ into emissions reductions appeared first on RenewEconomy.
Stunning record low bid of US 1.35 cents/kWh wins Abu Dhabi solar auction
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.
Simec Atlantis completes “mammoth” tidal turbine build in Wuhan
Simec 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.
Recipe for cheaper electricity? Try 90 per cent renewables by 2040
Energy 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.
Analysis: Great Britain hits coal-free electricity record amid coronavirus lockdown
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.
Solar, wind and battery storage now cheapest energy options just about everywhere
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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