Garnaut to lead Sunshot towards renewable energy future and re-take control of Zen Energy a split from Sanjeev Gupta’s Simec Group after just three years.
Australia’s two largest renewable energy export projects, planning 25GW of wind and solar between them, see the growing Asian market as more than big enough for both.
A Biden presidency could herald a new era for climate action, while placing immense pressure on the Morrison government to actually to something on climate change.
Australian heavy industries could slash energy costs by turning to wind and solar, and the clean energy switch is key to a manufacturing revival.
Ross Garnaut says Australia risks losing its competitive advantages if it doesn’t accelerate its transition to clean energy.
UK billionaire Sanjeev Gupta moves to transform his Whyalla steel business into a renewable energy power-house, with 1,000MW of solar and storage that will slash his energy bills by 40% and will likely be repeated in Victoria and NSW.
Garnaut says renewables will cut energy costs to Whyalla steelworks by at least a third, and outlines plans for large scale solar, rooftop solar and pumped hydro and battery storage.
Adelaide-based ZEN Energy renews calls for electricity market rule changes as it reveals plans to develop a between 50-150MWh battery storage project in SA.
The 2.3MW Mt Majura solar farm – the first asset of the Ross Garnaut-chaired $100m IIG Solar Income Fund – has been launched in ACT.
Ross Garnaut says grid-scale battery storage ready to apply as “immediate answer” to Australia’s energy network problems.