Clean energy sector raises concerns that new foreign investment laws could impose new regulatory burdens on wind and solar projects, and stymie new investment.
investment
Goldman Sachs predicts $A23 trillion renewables investment opportunity by 2030
US investment bank expects renewables spending to overtake oil and gas in 2021 for first time in history, presenting total investment opportunity of up to $US16trn by 2030.
Global wind and solar additions set new record in 2019, but more needed
Wind and solar additions surged to a new record in 2019, but experts warn that more will be needed to achieve Paris Agreement goal of zero emissions.
Regulator expects “second wave” of wind and solar projects if grid issues sorted
Clean Energy Regulator sees positive outlook for renewables sector in post-RET era as it attempts to revive stalled Emissions Reduction Fund.
CEC calls for action on grid issues as renewables investment cut in half
Clean Energy Council says action on grid connection issues necessary after investment in Australia’s large-scale renewables sector was cut in half in 2019.
Kia to target 1 million electric car sales yearly by 2026 in $36b ‘Plan S’ strategy
Kia aims to sell one million electrified vehicles annually, with half of that goal to be all-electric, by 2026.
European Parliament endorses $1.6 trillion investment plan for Green New Deal
EU parliament endorses €1 trillion investment plan to accelerate efforts to decarbonise economy and support a just transition to a zero carbon economy.
New investment fund targets small solar and wind farms in Australia
Foresight Renewable Energy Income Fund to make loans of $5-$30 million, predominantly to smaller-scale wind and solar projects in Australia.
Renewable energy investment heads to Abbott-era lows, as policy void takes hold
Clean Energy Council report shows collapse in quarterly financial commitments in new renewables as investors stare into federal policy void in wake of the RET.
Climate policy vacuum boosting investor focus on low-carbon assets
A new survey shows the lack of climate policy guidance from Canberra has given rise to a new breed of utlra-engaged, low-carbon focused investors.