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Category: Markets

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New Danish offshore wind farm lowers cost of technology by one third

New Danish offshore wind farm lowers cost of technology by one third

Swedish company Vattenfall Vindkraft wins tender for Danish offshore wind farm with a power offtake price 32% lower than most recent EU examples.

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Oil project spend down by $33bn since 2013, as market slumps

Oil project spend down by $33bn since 2013, as market slumps

New oil market tracking tool – devised to warn against high risk, high carbon investment – finds big oil capex down by $32.7bn, or 10%, since 2013.

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Solar industry fears politics driving rooftop inquiry

Solar industry fears politics driving rooftop inquiry

Solar leaders say there is no evidence of systemic safety or quality problems in Australia’s rooftop PV market, after federal govt call for urgent inquiry.

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First Solar, SunPower reveal plans to form joint YieldCo

First Solar, SunPower reveal plans to form joint YieldCo

US solar giants latest to tap growing ‘yieldco’ market, in talks to form joint listed equity vehicle to sell solar generation under long-term contracts.

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The year the climate 'dam of denial' breaks – ready for the flood?

The year the climate ‘dam of denial’ breaks – ready for the flood?

Could 2015 be the year the ‘dam of denial’ blocking climate action breaks? If it is, it won’t be due to politics, but to the market waking up to the economic threat posed by climate change and the economic opportunity in the inevitable decline of fossil fuels.

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Citi commits $100bn to green, low-carbon investment

Citi commits $100bn to green, low-carbon investment

Investment bank Citigroup commits to lend, invest and facilitate $100bn over next 10 years to fund renewables, cleantech and climate mitigation.

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Off-grid solar rules, as Tanzania targets 1 million homes, India jumps on board

Off-grid solar rules, as Tanzania targets 1 million homes, India jumps on board

More and more developing nations are looking off-grid to solve their energy problems, while in developed nations the smart money is backing the trend.

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Trustpower halts Oz renewables investment until RET cloud clears

Trustpower halts Oz renewables investment until RET cloud clears

NZ gentailer and developer of Australia’s 2nd largest wind farm says it will halt further investment in Oz renewables until RET uncertainty resolved.

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Network costs see Australians pay 'significantly more' for electricity

Network costs see Australians pay ‘significantly more’ for electricity

Reports link power price pain to Australia’s “extraordinarily high” network costs; and privatisation of state-owned networks won’t offer relief.

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Graph of the Day: Energy storage market in one chart

Graph of the Day: Energy storage market in one chart

Distributed energy storage has the potential to solve many modern-day electricity system ills. But as this chart shows, we’re not quite there yet.

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Sydney Uni to divest from fossil fuels, as global momentum builds

Sydney Uni to divest from fossil fuels, as global momentum builds

Days after world’s biggest sovereign wealth fund dumps 32 coal companies, University of Sydney reveals plan to cut fossil fuel investment by 20% by 2018.