Originally published on RenewEconomy. Spain’s Banco Santander, the biggest bank in Europe by market value and once the world’s largest financier of renewable energy projects, has decided to sell its only Australian renewable energy investment and quit the country’s renewables market, due to Australia’s policy uncertainty around the renewable energy … [continued]
Originally published on RenewEconomy. West Australian energy minister Mike Nahan has conceded the state’s electricity market faces radical change, with rooftop solar to become ubiquitous on homes and businesses within a matter of years. In questions following an eagerly awaited speech in Perth on Tuesday, outlining the first of his … [continued]
Originally published on RenewEconomy. Plus ça change. The more it changes, the more it stays the same. For the past 18 months, every day seems like groundhog day for the renewable energy industry in Australia, which has been at a standstill because of uncertainty about federal government policy. The Abbott … [continued]
Originally published on RenewEconomy. Byron Shire – in the northern rivers region of New South Wales – is aiming to become the first region in Australia to become “net zero emissions”, with a goal to reduce emissions from energy, transport, buildings, waste and land use to zero within 10 years. … [continued]
Originally published on RenewEconomy. Last month we reported on how US utility giant NRG saw the changing future of energy – one that is based on distributed generation – solar, battery storage, mini and micro-grids, and electric vehicles. NRG CEO David Crane made it clear that he saw the future … [continued]
Originally published on RenewEconomy. Rooftop solar systems are now installed in 27 per cent of detached homes in south-east Queensland, according to the latest data released by the local network operator, Energex. The data shows that south-east Queensland now has 281,811 rooftop solar systems, totalling more than 937MW. At the … [continued]
Originally published on RenewEconomy. Deutsche Bank says solar market is massive, will generate $5 trillion in revenue by 2030. It describes solar plus storage as next the killer app, and says even in India there will be 25% solar by 2022. Deutsche Bank has produced another major report that suggests … [continued]
Originally published on RenewEconomy. US-based SunEdison, now the largest renewable energy company in the world, says it sees a $4 trillion value opportunity in the global wind and solar markets by 2020. At its presentation to analysts overnight, SunEdison produced a 95-page display making the case for wind and solar … [continued]
Originally published on RenewEconomy. The first renewable energy auction held in the UK under its new “contract for difference” pricing mechanism has pulled the rug from underneath the nuclear advocate argument that it is the cheapest form of clean energy. It has also surprised the UK government, and some of … [continued]
Originally published on RenewEconomy. One of the biggest banks in the Middle East and the oil-rich Gulf countries says that fossil fuels can no longer compete with solar technologies on price, and says the vast bulk of the $US48 trillion needed to meet global power demand over the next two … [continued]
