HydroTas boss says Apple Isle could provide 1GW of zero emission ‘baseload’ power through wind and hydro, replacing brown coal generators in Latrobe Valley.
Articles by Giles Parkinson
Giles Parkinson is a journalist of 30 years experience, a former Business Editor and Deputy Editor of the Financial Review, a columnist for The Bulletin magazine and The Australian, and the former editor of Climate Spectator.
New player in solar leasing says Australian market could reach $100 billion. It sees huge demand from businesses, as well as homes when battery storage becomes cost competitive in a few years, and it sees huge appetite from banks and super funds for an annuity style infrastructure investment.
Abengoa looks to sign giant iron ore miner to support Australia’s first large scale solar tower power plant with molten salt storage.
NSW says to encourage government buildings to use solar leases to install rooftop PV and source around 30% of electricity needs from solar.
NSW govt flags changes to industrial noise standards to cover all sectors, removing a major weapon used by anti wind energy campaigners.
CEFC teams with Colonial First State Global Asset Management for $580m fund to invest in commercial solar PV leasing and other large scale renewable projects.
CEFC brings in US solar giant SunEdison to Australian rooftop solar market, and helps local manufacturer Tindo. All told, $166 million will be deployed to expand solar financing and power purchase agreements to avoid up front costs of rooftop solar.
HSBC says carbon price repeal leaves Australia’s resource-intensive economy – and its farm exports – “even more vulnerable” as world moves in opposite direction.
Coal generators are celebrating the repeal of the carbon price, and large scale renewables are at a standstill. The next item on the COALition agenda is wind and solar, but consumer groups are fighting back.
Another project allocated funds under the former Labor government has missed its target, with Petratherm advising that it is unable to raise funds for what was once considered one of the country’s flagship geothermal projects.