Renewable energy investment is gaining momentum at Mach speeds and tech companies want a piece of the pie. On the global scale, record-breaking investment in renewable energy reached $285.9bn in 2015, according to the latest...
While speaking to investors and analysts during a Q2 earnings call for SolarCity held on August 9, Elon Musk gave a detailed account of his plans for what he termed a “Solar Roof”. This isn’t...
Letting in the Light Poised for massive expansion, the global solar photovoltaics market is ramping up and excitement is sparking. Cost reductions, according to the International Renewable Energy Agency (IRENA), are driving huge increases in...
The big three electricity retailers are charging as much as triple the rate for power in deregulated markets compared with the ACT, costing consumers hundreds of dollars a year, according to a study by energy economist Bruce...
Australia boasts enormous solar opportunities given that it has the highest solar radiation per square metre than any other continent in the world with over one million households with rooftop solar PV or hot water...
Since 2007, Australians have spent almost $8bn on rooftop solar panels thanks to attractive feed-in tariffs that once offered households up to 60c per kWh they sold back to the grid. At a price far higher than...
The total global utility-scale solar PV generating capacity was an impressive 45GW by mid of last year, more than twice the amount produced at the end of 2013 according to figures from Wiki-Solar.org. Remarkably, Australia's...
Last week, we got the news that Prime Minister Malcolm Turnbull has appointed a new cabinet. As part of this keenly awaited announcement, we learned that two previously separate portfolios had been combined, meaning that...
Newly appointed Environment Minister Josh Frydenberg says he accepts the science of climate change, despite previously being dubbed "Mr Coal", because of his support for industry. In the past Mr Frydenberg has said there was...
Nuclear power advocates are trying a new line of attack on solar and wind energy — it’s too darn cheap! In the real world, however, the unexpectedly rapid drop in the price of cleantech, especially...
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The federal government has allocated more than $600 million to help large-scale solar projects get off the ground, as utility solar photovoltaic projects become the next wave of renewable energy to be embedded into the...
Leading global analysts Bloomberg New Energy Finance have delivered a withering critique of Australia’ renewable energy policies, describing them as short sighted and problematic. Kobad Bhavnagri, the chief analyst for BNEF in Australia, says investment...
In the 2014 Annual Residential Electricity Price Trends report, electricity prices in South Australia were expected to fall in 2015 and remain flat in 2016/17 thanks to a combination of falling demand, lower wholesale electricity...
Renewable energy is now the cheapest new-build electricity generation in Australia, according to the country’s Clean Energy Council. Speaking on Wednesday, Clean Energy Council Chief Executive Kane Thornton told attendees to the Australian Clean Energy...
In a bid to save money on his electricity bill, Nick Pfitzner joined the growing number of Australians who have installed home battery units. Six months on, he has cut his daily power bill by...
Another large-scale solar project has been approved for development in Queensland, this time a 30MW PV power plant in the state’s Western Downs region, to be built by Spanish renewables group, FRV. Fotowatio Renewable Ventures,...
