Marija Maisch
Majority of Australians want more renewables, poll shows
In the lead-up to a Council of Australian Governments meeting of energy ministers this week, a poll conducted by ReachTEL for Greenpeace Australia Pacific shows more than 70% of respondents want an ambitious renewable energy target to drive down electricity prices.
Australia: 3.1 GW of solar under construction, says CEC
According to the latest statistics from the Clean Energy Council (CEC), there are 42 wind and solar projects totaling 6239 MW worth close to $10 billion currently in construction or due to start soon across Australia. The unprecedented large-scale renewables activity is, however, surrounded by growing uncertainty over future policy and regulatory change.
Neoen reaches 1 GW of solar assets in Australia as 100 MW project gets green light
Having finalized the financing agreement for the project, French renewable energy producer Neoen announced that full construction on Victoria’ Numurkah Solar Farm is ready to commence this week. It now has 1 GW of solar assets under its belt in Australia.
Renewables power ahead in Australia
Green Energy Markets’ latest analysis shows the National Electricity Market is on track to get 33% renewable electricity by 2020, with individual states performing well beyond that. But the report claims solar jobs will be lost unless the National Energy Guarantee’s 26% emissions reduction target is lifted.
Cryptocurrency to accelerate solar minigrid rollout in Africa
South Africa-based Sun Exchange and U.S. minigrid developer, Powerhive have come together to step up minigrid deployment in rural Kenya by leveraging the crypto economy. The partnership is expected to catalyze up to $23 million of capital and fund around 150 new projects in the country’s power hungry areas.
Global energy investment in 2017 moved away from energy security and sustainability goals, finds IEA
Following a strong year for clean energy spending, 2017 saw a 7% decline in renewable power investment – to around $298 billion – while the share of fossil fuels in energy supply funding rose for the first time since 2014, according to the International Energy Agency in a report published today.
460MW in Down Under ready to commence construction
Construction works are expected to start soon on two utility-scale solar PV project in New South Wales with a combined capacity of more than 460 MW, as confirmed by German-based Belectric, which will handle the EPC and O&M duties on both sites.
UK’s decarbonization depends on continued growth of EVs, RE, storage – National Grid
Outlining energy pathways for the next 30 years and beyond, the U.K.’s National Grid has released four different scenarios, considering growing electricity demand and a significant increase in energy infrastructure from new renewable generation and EV charging networks. Only two of them meet the U.K.’s 2050 carbon reduction target on the back of a large growth of renewables and energy storage, and almost completely decarbonized transport.
Solar corporate funding rises 15% YoY with $5.3 billion in H1 2018 – Mercom
Despite the uncertainty caused by U.S. solar panel import tariffs, deteriorating trade relations between the U.S. and China, and the looming consequences of China’s PV policy change, the solar industry saw a 15% YoY increase in corporate funding in the first half of 2018, on the back of a Q2 rebound, finds the latest Mercom Capital report.
Balkan update: Croatia, Bosnia and Herzegovina ready for their biggest PV projects, Macedonia inaugurates first module fab
With Republika Srpska, one of the two entities of Bosnia and Herzegovina, announcing a tender to build a 65 MW solar PV plant; Croatia planning a 6.5 MW solar PV installation, to be built on the Island of Cres; and Macedonia welcoming its first solar panel manufacturing plant, capable of producing 20 MW annually – it has been a busy period for the small solar markets in the Balkans.
