Suntech and UNSW have achieved a new efficiency record for solar cells; Moree Solar partner gets cash injection, and first grant under Emerging Renewables.
Surging oil prices are having the same economic impact as a $190 carbon price, the merit order effect is killing gas in Europe, Chinese solar companies are losing billions; solar is nearly as cheap as fossil fuels; and our coal miners are crazy.
Perhaps the most appropriate backers of Greenpeace’s anti-coal campaign should be our superannuation funds and the government itself. The risks from a global carbon budget and technological change are growing rapidly. Even the head of Tata Power says “why invest in coal.” But our miners don’t want to know.
True Value says it has overtaken Origin Energy to become Australia’s biggest PV installer, and makes some astounding predictions on cost.
The nature of the game for the electricity industry is changing, more rapidly than anyone had contemplated. The AEMO data released on Tuesday confirm that. Are Australian generators and network operators smart enough to profit from falling demand?
The slump in the value of global solar stocks has made Dyesol’s fund raising task more challenging.
The three biggest energy consumers in the world – China, the US, and India – each believe that solar PV will be cheaper than fossil fuels by the end of the decade. So what happens next? US Energy Secretary Stephen Chu says we should look to the introduction of the automobile for the answer.
Energy efficiency offers the cheapest, quickest and easiest solution to cutting emissions and controlling energy bills. So why isn’t it taken up more widely? Blame an inability to sell a simple message, and the power of vested interests for whom quantity is king.
Buffett’s big bond issue paves way for more mainstream solar investments; a video to show how carbon can be reduced.
Ceramic Fuel Cells hopes favourable market settings in Europe could be a game changer for its gas-to-electricity technology.