Global inverter giant SolarEdge has posted record revenue for the full Covid-riven year of 2020, a result the company has credited partly to a bumper year of growth in the Australian solar market.
Sydney-listed Province Resources has revealed plans to set up a hybrid solar PV and wind farm near Carnarvon, Western Australia, as part of a proposal to produce renewable hydrogen for domestic and foreign markets.
As rooftop solar continues to boom around Australia, an increasing number of households are coming up against strict limits to the amount of energy they are allowed to export to the grid, with many finding that they cannot export their solar at all.
Plans for a $120 million, 100-megawatt solar farm in the NSW Southern Tablelands have been approved despite hundreds of complaints from locals that it would be an eyesore, clog up the roads, take up good agricultural land and damage the local biodiversity.
Wholesale electricity prices in the National Electricity Market last year were at their lowest since 2015 says the Australian Energy Regulator.
The AER’s latest Wholesale Markets Quarterly Report looks at the entire year, but with a special focus on the final quarter.
Australia’s Commonwealth Bank has announced it will offer its home loan customers up to $20,000 in low, fixed-interest finance to install rooftop solar systems, battery storage, electric vehicle chargers, or other eligible green technologies.
The new product, dubbed the CommBank Green Loan, was announced on Monday as part of the Big Four bank’s “commitment to the responsible global transition to net zero emissions by 2050,” a goal enshrined in the Paris climate agreement, but yet to be formally adopted by Australia’s federal government.
The Ranger Uranium Mine, completely enclosed within the World Heritage-listed Kakadu National Park, ceased production in January 2021 after years of financial losses. Now, as part of a multi-million dollar rejuvenation of the Park, a solar and battery storage hybrid project is set for development at the town of Jabiru, a project which will help the town replenish itself as a tourist hub for one of Australia’s greatest treasures.
Solar Trust Centre Team
