Australian government says it wants to accelerate deployment of battery storage in households, to help reduce peak demand and deliver savings on network costs.
Maurice Newman cut as chair of PM business advisory council offers sign Turnbull Coalition is cutting anti-climate ties. But what else will change?
First Solar says tenders from two governments, one agency, and one retailer suggests large scale solar market is about to take off in Australia.
Australia’s largest solar PV farm with sun tracking technology, the 4.1MW Uterne project, is complete, giving Alice Springs one of highest solar penetration levels in country.
Attempt by Abbott government to stop Clean Energy Finance Corporation co-financing rooftop solar is likely to make rooftop solar a lot more more expensive for those homes and businesses who have yet to install the technology, and who cannot afford to buy the systems outright.
CEFC directive further isolates Australia as one that has scaled back its renewable energy target and now is winding back the wind power sector.
Solar thermal technology is still an outside bet – and not the kind of investment the CEFC was set up to make.
A world-leading 1,200MW wind and solar project proposed for north Queensland is competing head to head with a new coal power station proposal favoured by Tony Abbott, who is keen to give taxpayer loans to the coal generator, but not the wind facility.
The Clean Energy Finance Corporation says it will provide $50 million to FirstMac, a non-bank lender with a $6.5 billion portfolio that issues finance primarily via on-line portals.
CEFC commits $100 million to Origin Energy to help utility giant expand its offerings of rooftop solar and battery storage to consumers.