Posts tagged as:

renewable energy target

Residential Solar PV Price Index – August 2017

August 3, 2017
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Average residential solar system prices have risen slightly following two consecutive months at their lowest levels since Solar Choice began keeping track in August 2012. This month’s higher average price – $1.55 per watt, as opposed to $1.45/W last month- is undoubtedly due at least in part to the recent drop in STC values and […]

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STC prices are falling: What you need to know

July 20, 2017
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‘The federal solar rebate is falling!’ is a cry that Solar Choice has been hearing pretty loudly from our customers, website visitors and installers in and outside our network for the past few days. From a customer’s perspective, what do you need to know about what’s happening with this government solar incentive? Understanding the federal STC […]

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Solar system prices could rise up to 10% as STC prices drop

July 20, 2017
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(Please see Solar Choice’s in-depth coverage of the STC price drop in this article.) The cost of installing rooftop solar looks set to rise by as much as 10 per cent for households and small business this week, after a sudden drop in the price of small scale renewable energy certificates caught much of the […]

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Solar & wind help SA ‘blow past’ renewables target ahead of schedule

June 8, 2017
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South Australia has not only met its legislated target of 50 per cent renewable energy eight years ahead of schedule, it is literally blowing past it, the Australian Energy Regulator has found. According to the AER’s state of the energy market report released last week, large scale wind power and rooftop solar PV have reached […]

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Adelaide City’s solar & energy storage incentives

March 29, 2017
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Since 1 July 2015, the City of Adelaide has been offering some of the most generous incentives for solar power in Australia – and the one of the only incentives for battery storage in the country. What are the rebates available under Adelaide’s Sustainability Incentives Scheme? Please keep in mind that all of the incentives outlined below are […]

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GreenPower vs rooftop solar (vs both)

March 28, 2017
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GreenPower is an attractive option for Australian households who want to support renewable energy production. Is opting for GreenPower a better idea than installing rooftop solar? In this article we take a look at how both options support renewables uptake, and examine the pros and cons of opting for one, the other – or both. […]

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Whitsunday, Hamilton and Gannawarra Solar Farms move into construction

March 21, 2017
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It’s been an epic journey! As three large-scale solar farms (totalling 198 MW (DC)) now progress into construction, it’s timely for all of us here at Solar Choice to take a moment to reflect, to savour and to extend a mighty thank you to others who moved mountains over the past year to convert the […]

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Will the federal incentive for rooftop solar end next year?

December 13, 2016
Rooftop solar panels

Judging by some of the advertisements we’ve come across, you might be forgiven for thinking that Australia’s federal rooftop solar incentives (under the Renewable Energy Target) were on their way out the door. In this article we’ve set the record straight. (This article was originally published in May 2016.) What we’ve been hearing: ‘The solar […]

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NSW Government announces major expansion into renewable energy

November 7, 2016
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The New South Wales Coalition government has broken ranks with its federal counterpart and announced a major expansion into large and small-scale renewable energy, as well as electric vehicles and energy efficiency, as part of a new plan to reach “zero net emissions” by 2050. The state says it will issue more government power purchase […]

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Queensland’s three ‘credible’ paths to 50% renewables by 2030

October 12, 2016
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Queensland has three “credible” pathways to achieve its target of 50 per cent renewable energy by 2030, a state government appointed panel has found, and each of them will create jobs, boost the economy, and be “cost neutral” to consumers. In a direct smackdown to the “scare-mongering” of the federal Coalition government, the report says adding […]

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Four years of tracking residential solar system prices: What’s changed?

August 16, 2016
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August 2016 marked four years since Solar Choice published our first Solar PV Price Index. What are some of the noteworthy trends we’ve seen over this period? What is the Solar PV Price Index? Solar Choice’s PV Price Index is a barometer of residential and commercial solar system pricing trends in Australia’s capital cities (with the exception […]

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Victorian government asks for public input on approach to state renewables target

August 10, 2016
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Victoria’s state government has called for input from business and the community on the design of its renewable energy auction scheme, a key plank of its renewable energy target of 40 per cent by 2025. Based on the highly successful reverse auctions pioneered in Australia by the ACT government, the Labor Andrews government will hold […]

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Investment in large-scale renewables on the rise, but Aus still unlikely to meet 2020 target

July 26, 2016

Large-scale renewable energy investment in Australia has hit its highest levels since 2013, although it remains well short of the level needed to meet the reduced renewable energy target in 2020. Bloomberg New Energy Finance data for the second quarter in 2016 shows investment in large scale wind at its highest levels since 2013, just […]

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Residential Solar PV Price Index – July 2016

July 13, 2016
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Average residential solar system prices dipped down to $1.63/W this month – on par with the low seen in April this year and close to the all-time low of $1.59/W seen in December of 2015. The price drop occurred across all system sizes. Interestingly, system price ‘highs’ have not come down much, low-end prices of […]

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Could the Renewable Energy Target once again be under threat with new government?

July 11, 2016
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Australia’s biggest utilities and coal generators could push for another review of the federal renewable energy target, if the newly re-elected Coalition government is presented with a “workable” majority of supporters in the Senate. The Australian Solar Council tweeted last Thursday that it was “hearing rumours” of a push for another review of the RET […]

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Australia misses out on ‘mountain of global cash’ as renewable target uncertainty continues

May 16, 2016
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Australia is missing out on a “mountain of global cash” looking for alternative energy investments, a new report has found, thanks to continued renewable energy policy uncertainty, and the effect this has had on the sector’s ability to secure long-term power off-take agreements. The report, Ernst and Young’s latest Renewable Energy Country Attractiveness Indices (RECAI), […]

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Victoria could handily meet 30% renewables target by 2020: Report

April 11, 2016
VRET 2020

A new report has found that Victoria could achieve a renewable energy target of 30 per cent by 2020, simply by maintaining medium growth of rooftop solar power and building the pipeline of wind farms already approved for the state. The report, published on Friday by Friends of the Earth, is part of a final […]

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The thousand-member volunteer army keeping Australia’s solar strong

March 21, 2016
I heart solar

Do you own a solar system? Are you seriously thinking about getting one for your home or business? Are you a member of Australia’s solar industry? If you can answer ‘yes’ to any of these questions, then you are probably in some way indebted to the Solar Citizens. The Solar Citizens are a largely volunteer-driven, […]

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Bucking global trend, Aussie renewable energy jobs continue to decline

March 18, 2016

Employment in Australia’s renewables industry continues to decline, according to new data, bucking the global trend of jobs growth the renewable energy sector. The latest jobs data from the Australian Bureau of Statistics shows employment in renewable energy activity fell by 3 per cent from 2013-14 to 2014-15 continuing on a downward trajectory that started […]

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What could a federal incentive for home solar battery storage look like?

March 2, 2016
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Strong government incentives paved the way for rooftop solar power to achieve the prominence that it has in Australia. Home battery storage is the next frontier in distributed energy, but battery prices are still too high for most Australian homes to consider installing them purely for financial reasons. A strong incentive regime akin to the […]

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Commercial Solar PV Price Index: January 2016

January 29, 2016
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Mirroring the Residential PV Price Index for this month, commercial system prices have undergone a slight up-tick since the end of last year. Average commercial solar PV system prices currently sit at roughly $1.32 per watt, according to the figures that Solar Choice has available via our installer network database. Commercial solar system prices (10kW-100kW) […]

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Commercial Solar PV Price Index: October 2015

October 30, 2015
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Average commercial solar system prices have decreased for the second month in a row, according to data from the Solar Choice Installer Network database. The continuing drop follows a sharp rise that coincided with the implementation of a new internal data collection methodology which resulted in the inclusion of data from a larger number of […]

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3.8GW renewables capacity required to avoid RET shortfall

October 16, 2015

Some 3,800MW of renewable energy capacity will need to be committed in Australia within the next 12 months if a shortfall in the renewable energy target is to be avoided, according to the latest research from Green Energy Markets. But the report also noted that no new contracts had been written for new renewable capacity, despite […]

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Labor’s 50% renewables target would require $80b in investment: UBS

September 21, 2015
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Federal Labor’s proposed 50 per cent renewable energy target for Australia by 2030 would require around $80 billion in investment, much of which would need to be spent anyway, a new report has found. The report, the first in-depth analysis of the ALP’s mooted RET, was released by global investment bank UBS on Monday, and […]

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Labor Party to commit to 50% federal Renewable Energy Target by 2030

July 22, 2015
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The Australian Labor Party will announce a commitment to supporting a Renewable Energy Target of 50% by the year 2030, according to an article in the Sydney Morning Herald and a press release from the Australian Solar Council. If enacted, this ambitious goal would build on the existing target of 20% renewables by 2020 and accelerate renewables […]

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ARENA will move to fund Aussie utility-scale solar to bring Aus up to speed with rest of world

July 7, 2015
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The Australian Renewable Energy Agency has flagged a new round of big solar funding, in an effort to bridge the cost-gap between large-scale solar projects in Australia and the US, and other countries. ARENA chairman Greg Bourne suggested on Monday that the funding round would be included in the Agency’s next general funding strategy, to be released […]

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Could the Coalition turn RET towards large-scale solar?

June 22, 2015

In seeking to justify its push against wind energy, the creation of a “wind commissioner” and its dealing with the Senate cross-bench, the Coalition is trying to turn the renewable energy target into a sort of de facto large-scale solar scheme. “What we’re doing there is very significant and we’re increasing the focus on large-scale solar,” environment […]

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RET deal details remain unsettled with questions about wood waste and wind

June 19, 2015

Last-minute wrangling over the inclusion of native wood waste in the Renewable Energy Target is threatening to delay passage of the amended legislation through federal Parliament’s Upper House, as the Coalition and Labor try to avoid a compromise agreement with cross-bench Senators. As part of the political intrigue that has intensified since Prime Minister Tony Abbott’s […]

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Aussie rooftop solar installations continue apace despite RET debacle

June 16, 2015
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Australian households and businesses continue their rapid take-up of rooftop solar, even as new Renewable Energy Target legislation prepares to pass through the Senate, and despite the Abbott government’s latest thought bubble about wind energy. These graphs from Green Energy Markets show that another 11,865 systems were added in May, taking the cumulative total of […]

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IRENA report highlights the 164 nations with renewable energy targets

June 15, 2015
Renewable energy target spectrums

On the same day Tony Abbott described Australia’s RET as “not the right way forward,” a new report has described renewable energy targets as a “defining feature” of the global energy landscape, with 164 countries adopting at least one type on RET, up from just 43 countries in 2005 – a fourfold increase. The report, Renewable Energy Target […]

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Coalition reportedly investigating ways to promote large-scale solar ahead of wind

June 12, 2015
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Solar energy could be favoured under the revised Australian renewable energy target, with Coalition ministers reportedly looking at ways to accelerate the development of large-scale solar projects, ahead of wind farms. It is understood that Industry Minister Ian Macfarlane and Environment Minister Greg Hunt are facing strong party-room resistance to the cut-down 33,000GWh target agreed […]

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