Wind & Solar Are Already Cheaper Than Coal & Gas, So Let’s Get On With…
New wind and solar energy generation is already cheaper – on average – than the cost of existing coal or gas power on Australia’s National Electricity Market.
New wind and solar energy generation is already cheaper – on average – than the cost of existing coal or gas power on Australia’s National Electricity Market.
The Australian Renewable Energy Agency announced this week that it is committing $20 million in funding to boost the growth of solar PV research and development in an effort to make solar PV more affordable, efficient, and competitive.
The Australian Renewable Energy Agency has laid out its new investment priorities for the coming years and has promised to accelerate solar PV innovation and development to the point where it believes solar could provide 30% of Australia’s electricity within the next 20 years.
Speaking at the 2017 Large-Scale Solar Conference co-hosted by RenewEconomy and Informa in Sydney on Monday, ARENA CFO Ian Kay said projects pairing 100MW of renewable energy generation with 100MWh of energy storage were “about equal” in cost.
Most people think wind power and solar power are competitors, but Sarah Kurtz of the U.S. Department of Energy’s National Renewable Energy Laboratory says that the opposite is true
One of Australia’s leading energy companies, EnergyAustralia, announced this week it intends to sign agreements worth AUD$1.5 billion to buy around 500 MW of power from new wind and solar around the country.
The Australian Renewable Energy Agency has committed up to $18 million to fund the development of an Australian-first solar-wind-storage project in North Queensland. Announced on Friday, the Australian Renewable Energy Agency (ARENA) will commit up to $18 million in recoupable grant funding for an Australian-first solar-wind-storage project set to be … [continued]
An Australia-based wave energy company has received governmental funding to proceed with building what would be the world’s first renewable energy island microgrid which would include wave energy, solar energy, and energy storage. Perth-based wave energy developer Carnegie Wave Energy Limited announced this week that it had been awarded $2.5 … [continued]
In a remarkably short-sighted and catastrophic move for the Australian renewable energy industry, the country’s government has reached a cross-bench agreement with the opposition party to strip $500 million in funding from the Australian Renewable Energy Agency. Rumors and promises of cutting funding to the Australian Renewable Energy Agency (ARENA) … [continued]
Amidst calls for the cessation of just such funding, Australia’s Renewable Energy Agency has approved twelve large-scale solar PV projects for funding as part of its multi-million dollar large-scale solar funding round. The Australian Renewable Energy Agency (ARENA) announced funding this week for twelve new large-scale solar PV power plants … [continued]