Australian Prime Minister Tony Abbott initiated a review of the country’s Renewable Energy Target (RET) less than six-months into holding office. Months later, and Australians are waiting with baited breath for former Reserve Bank board member, and arguable climate-skeptic, Dick Warburton and his committee to hand down their recommendations in … [continued]
RenewEconomy US-based Sungevity has hired the founder and former head of upstart energy retailer Australia Power & Gas as it seeks to become the dominant solar player in the Australian market, and ultimately take on the country’s biggest electricity retailers. The hiring of James Myatt as its new CEO in … [continued]
RenewEconomy By Sophie Vorrath The Australian arm of the world’s largest PV maker, Yingli Solar, has announced a new digital quality control program aimed at raising the benchmark for the nation’s rooftop solar industry. Yingli4You, launched by Yingli Green Energy Australia on Tuesday, is described as an educational, incentive, technical … [continued]
RenewEconomy By Giles Parkinson and Sophie Vorrath Leading US solar company SunPower has flagged the introduction of battery storage into the commercial market in 2015 in Australia, as it looks to rapidly expand its suite of home energy service offerings. SunPower, one of the world’s biggest manufacturers of high quality … [continued]
Originally published on RenewEconomy. So, who wants to be an energy pro-sumer? In some states in Australia, around one in four houses already boast rooftop solar PV systems, and it’s having a big impact on the operation and the optics of the National Electricity Market, with big implications for the traditional … [continued]
Originally published on RenewEconomy By Emma Fitzpatrick Research just released shows that the Australian solar industry is growing quickly and pushing down electricity prices. The Australia Institute today released findings that solar is both creating jobs and pushing down electricity prices – contrary to the popular belief that renewable energy puts … [continued]
New analysis from business consulting firm Frost & Sullivan shows that the global solar power market earned revenues of nearly $60 billion in 2013, and estimates that by 2020 this figure will double to $137.02 billion. According to the report, “Frost & Sullivan estimates that global solar market revenues will … [continued]
Originally published on RenewEconomy. One of the world’s biggest solar manufacturers and project developers, the US-based First Solar, has predicted that utility-scale solar costs in Australia will halve over the next five years, becoming cheaper than wind energy by 2020. First Solar says this should mean that large-scale solar takes … [continued]
Originally published on RenewEconomy One of the main arguments proffered by the owners of Australia’s fossil fuel generation fleet against the renewable energy target has been the massive over-capacity on the country’s main National Electricity Market. Last year, AGL Energy estimated this overcapacity to be around 9,000MW. The arguments put … [continued]
Originally published on RenewEconomy. The prospects of Australia finally constructing a stand alone solar thermal energy system with storage have advanced after Alinta Energy announced the results of a pre-feasibility study for solar options at its ageing and partially closed coal-fired power plants in Port August, South Australia. Alinta, under … [continued]
