Originally published on RenewEconomy. Two stunning auction results in India and Chile in the last week have underscored the extraordinary gains that large-scale solar has made against its fossil fuel competitors. In both countries, solar is now clearly the cheapest option compared to new coal-fired power stations. In Chile, where … [continued]
Originally published on RenewEconomy Electric vehicle and battery storage developer Tesla Motors says it is receiving “very strong” demand for its new battery storage products in Australia, which are due to be rolled out in the next month or two. In its latest quarterly update, the company said it will … [continued]
Originally published on RenewEconomy On Tuesday we brought you a story of the huge response to the tenders being held by the Australian Renewable Energy Agency and Ergon Energy for large scale renewable energy tenders – or just solar in the case of ARENA. Turns out the response was even … [continued]
Originally published on RenewEconomy. Australian electricity retailers continue to sit on their hands, refusing to sign power purchase agreements for new large scale renewable energy projects, but some 3,800MW of capacity will need to be committed within the next 12 months if a shortfall in the renewable energy target is … [continued]
Originally published on RenewEconomy. Australia’s energy markets are on the cusp of rapid change, but it is not just the prospect of individuals quitting the grid that represents the biggest challenge to industry incumbents: it’s the possible defection of whole towns and communities. The creation of micro-grids is seen by … [continued]
Originally published on RenewEconomy. To quit the grid, or not. Suddenly, it’s a choice that households in regional areas, towns, and even in the suburbs of our major cities, are going to be able to make. Battery storage is offering possibilities never before considered by the mainstream. Environment minister Greg … [continued]
Originally published on RenewEconomy. Genex Power has unveiled plans to build a 150MW solar PV project at the old Kidston gold mine in Queensland, siting it adjacent to a proposed 330MW pumped hydro storage project. If it goes ahead, it will be the biggest solar plant (although it may face … [continued]
Originally published on RenewEconomy. New research put out by Bloomberg New Energy Finance shows that new wind and solar projects in Australia are cheaper than in any other Asia country, yet new coal plants are 50 per cent more expensive and would be the most expensive in Asia. As major … [continued]
Originally published on RenewEconomy. Australian environment minister Greg Hunt says it is inevitable that significant numbers of consumers will leave the grid in coming years, and repeated his vow to help accelerate the deployment of battery storage. Hunt was asked on ABC TV’s Lateline program on Tuesday – following a … [continued]
Originally published on RenewEconomy. The NSW town of Uralla has outlined plans to go 100 per cent renewable energy, in a government-sponsored blueprint that could become the model of many other towns in NSW and other states to follow suite. The Zero Net Energy Town – the Uralla Case study – was released today … [continued]
