Rooftop solar installations remained strong in Q1 2020, but the effects of Covid-19 expected to hit both small and large renewables projects.
Tasmania Liberal government says it will release a new Renewable Energy Action Plan in April, to chart the path to updated target of 200% renewables generation by 2040.
Regulator’s report shows early signs of a dramatic fall in new large-scale renewables investment, to lowest level since mid-2016.
Australia has already overshot 2020 RET by nearly 1GW since accumulating enough completed and committed projects to meet the goal in late August.
Clean Energy Regulator estimates large-scale renewable generation will increase from 2018 levels of 22,000 gigawatt-hours to around 40,000GWh in 2020.
Group of 21 Western Australian councils call on state Labor government to adopt targets of 50% renewable electricity by 2030, net-zero emissions by 2050.
In the shift to renewables, time is pressing on Australia’s incumbent gentailers like AGL. Big decisions will have to be made, and made fairly promptly.
New report says Australia is heading to a 78 per cent renewables share by 2030 on current trajectories, and any smaller targets would lead to a huge slump in investment and jobs.
Latest CER data shows combined capacity of large-scale wind and solar energy projects in development pipeline now nudging 9GW.
ANU study says current pace of solar and wind deployment in Australia could deliver equivalent of 100% renewables by early 2030s, and achieve emissions reduction task “for whole economy” by 2025.