Accelerating solar deployment and electrification offers Australia’s most effective defence against volatile global energy markets, according to a new Climate Council report released. This comes as petrol prices surge nearly 50% and the current US-Iran conflict costs motorists more than AU$1 billion (US$710 million) in March alone. The community-funded not-for-profit’s an...
Social media and tech giant Meta has signed an agreement to procure power from space-based solar power startup Overview Energy. Overview Energy proposes to launch satellites to generate solar power in space and beam it back to solar PV projects on Earth, theoretically allowing for 24/7 solar generation. The agreement with Meta would grant the Silicon Valley giant “early access” ...
European Energy Australia is set to commence solar module installation at its 100MWac Winton North solar plant in northeast Victoria. The Danish developer confirmed that module bundles are being laid out across the 256-hectare site in preparation for installation, which is expected to begin imminently. The project is located approximately 22km southwest of Wangaratta, between the townships ...
The Vietnamese state power utility Vietnam Energy Generation Corporation 1 (EVNGENCO1) has proposed the development of 270MW of floating solar PV capacity on three hydropower reservoirs. The three projects will represent an investment of approximately VND4.4 billion (US$116,938), the utility said. The proposed sites are all in the Lam Dong province of southern Vietnam; the 96MW Dai Ninh Lak...
Summer is here, and cold storage owners are having sleepless nights again. Every year from June to September, cold storage operators face two real problems: a sharp rise in electricity bills and an increased risk of power outages. Let's do a simple calculation: a medium-sized cold storage facility with a capacity of around 2000 cubic meters consumes between 800 and 1200 kWh of electricity per day....
The European Solar Manufacturing Council (ESMC), along with 22 other European industry bodies, signed an open letter calling on the EU to strengthen protections against the threat posed to European supply chains by unfair trade practices in "non-market economies." European industry leaders called on the EU to participate in key revisions to World Trade Organization (WTO) rules, as these rul...
Australia leads the world in residential rooftop solar, with 22GW of household capacity installed, but its commercial and industrial sector has deployed only 5.6GW, despite consuming more electricity than households, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report, ‘Unlocking the Clean Energy Potential of Australian Business...