Federal and state governments need to do a whole lot more to help the transition to electric vehicles, says the senate, after poll results indicated strong popular backing for the switch from fossil fuel transport.
An article published in the FT this week was right to point out that pricing new energy capacity involves more than just comparing strike prices, but if you are in the business of calculating real costs, do it properly. For nuclear in particular, that’s a case of ‘in for a penny, in for (several) pounds’.
Queensland is in line for its first community-scale battery – to be installed on Townsville’s outskirts – because of the high number of rooftop solar systems and close proximity of electricity infrastructure. The energy storage system should be operating by the end of the year.
The Wi Hâche Ouatom project is the first of its kind in the southwest Pacific French overseas territory. The facility is 51% owned by Enercal Energies Nouvelles and 49% by Promosud, both of which are based in the archipelago.
Crossboundary Energy Access – which claims to be the continent’s first mini-grid financing facility – wants to unlock $11 billion in private capital to bring energy to 100 million people in sub-Saharan Africa. Raising capital has been a struggle despite mini-grids being lauded as a solid solution for electrification.
The Australian states of Victoria and South Australia suffered blackouts at the end of last week as a heatwave drove up air conditioning power demand and coal-fired power stations couldn’t cope. Extreme weather is debunking arguments for new fossil fuel generation and signalling energy security lies in renewables.
The show is expected to grow by 40% compared to last year. And the organizers say solar PV will have a higher profile than ever.
According to a new report from BloombergNEF, cheap solar energy could benefit many businesses in sub-Saharan Africa. However, regulatory and financial obstacles are causing concern.
More than 70,000 Australian households will install battery storage this year, according to the Bloomberg New Energy Finance. With the nation’s storage demand set to triple, Australia is expected to make up 30% of global demand.
The German inverter maker struggled after China’s announcement at the end of May drove down prices and markets around the world and left a clear mark on its figures. Both the commercial PV segment and the storage business fell short of expectations due to delivery bottlenecks.
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