Average residential solar system prices took a dip across the board between August and September, with almost no instances in which they increased. The trend was likely spurred by the recent […]
Tag: renewable energy target
Royalla Solar Farm developer FRV to quit Australia if RET Review recommendations implemented
The global solar developer behind Australia’s largest solar farm has warned that it would up cease doing business in this country if the Abbott government implemented the recommendations of the […]
Lazarus, with an Abbott bypass: What PUP’s support means for the RET
Palmer United senator Glenn Lazarus last week reaffirmed his party’s support for Australia’s Renewable Energy Target following the release of the RET review panel’s report recommending that the scheme be […]
RET review recommendations would kill commercial solar market if implemented
Australia’s commercial-scale solar market would quickly evaporate if the federal government adopted the policy changes recommended in the RET Review report, industry insiders have warned. Solar PV installers and analysts […]
What the Renewable Energy Target review panel’s report means for those thinking about going solar
The panel tasked with reviewing the Renewable Energy Target has recommended that the scheme “should be substantially reformed” in its report on the topic released yesterday, confirming earlier reports to this effect. Among the more […]
As solar industry braces for RET review results, solar boom looks imminent
The Australian Solar Council, in preparation for the the announcement of the recommendations of the Renewable Energy Target (RET) review panel, has urged installers across the country to ‘sell solar’ in […]
Solar Choice teams up with Diamond Energy for solar savings
Australian solar installation brokerage Solar Choice has brokered an exclusive offer for its residential consumers with Victoria-based clean electricity retailer Diamond Energy to deliver increased savings on solar power for customers in […]
Aussie renewable energy industry speaks out against PM’s anti-RET intentions
Australia’s renewable energy industry has hit back at reports the Prime Minister is pushing for the Renewable Energy Target to be abolished, warning that this would leave the nation “dead […]
SunPower to trial solar leasing program in Australia
America’s second-largest PV manufacturer, SunPower, is set to test its rooftop solar leasing program in Australia, with the launched this week of a pilot program in Melbourne. The Nasdaq-listed solar […]
Coalition would need to ‘get the Greens convinced’ in order to abolish RET: Palmer
In an encouraging sign that he will not be backing down (or backflipping) on his promise to support the Renewable Energy Target (RET), Clive Palmer has sarcastically commented that the Coalition will […]
Silex Systems, citing RET uncertainty, suspends plans for Mildura 100MW demo CPV plant
Plans for a first-of-its-kind, 100MW concentrated solar power plant in Mildura have been shelved, after the Australian Renewable Energy Agency agreed with the project’s developer to withdraw funding. The plant, […]
Government still looking to scrap RET rather than ‘compromise’ and weaken it: Financial Review
The Australian Financial Review, in a front-page article on the topic, says that the Prime Minister and his closest cohorts still harbour intentions of scrapping the Renewable Energy Target (RET) […]
Setting a record, South Australian renewables met half of state’s electricity demand in July
Solar power and wind energy combined to produce nearly half of South Australia’s electricity demand during the month of July – a record for a major developed economy. Data shows […]
Moree Solar Farm reaches financial close, construction to begin ‘immediately’
One of the largest solar farms in Australia’s pipeline has reached financial close and will begin construction immediately, according to a press release from its developer, FRV. Moree Solar Farm […]
RET report delayed as review panel asks for extension; renewables industry continues to hold its breath
The panel tasked with reviewing the Renewable Energy Target (RET) has requested an extension to complete its final report, according to the Australian Financial Review. The report, which was originally […]
One of Australia’s largest solar developers faces insolvency
One of Australia’s largest and most prominent solar developers faces collapse after being placed in the hands of administrators late last week. According to ASIC documents, the business and its […]
Solar employs more people than coal industry, and keeps electricity prices down: Australia Institute
New research has shown that the fast-growing Australian solar industry is both creating jobs and pushing down electricity prices, despite claims to the contrary from power networks and the fossil […]
Solar PV market could go the way of solar hot water if RET is weakened
Australia’s rooftop solar PV market risked following in the disastrous path of the solar hot water market if changes were made to the Renewable Energy Target, industry has warned. Estimates […]
Utility-scale solar in Australia: Long-term certainty counters short-term doubt
Large-scale solar power in Australia was one of the main topics of conversation on Thursday at the Clean Energy Week conference in Sydney, with the day’s speakers expressing the range of […]
NSW government proclaims support for renewables & the RET, breaking ranks with fellow Lib-Nats
Breaking ranks with the their fellow Lib-Nat party members on the federal level, the NSW government has declared its aim of ensuring that NSW is fertile territory for renewable energy […]
Victorian electricity retailer set to hit solar system owners with additional fees
Victoria looks set to become the first Australian state to hit solar households with an additional fixed charge on their electricity bills, according to a proposal that has recently come […]
15,000 new Australian households going solar monthly, with Queensland leading the way
Australians continue to install rooftop solar at a rate of more than 15,000 households a month, according to new data from Green Energy Trading, adding peak capacity of 64.8MW in […]
Echoing Australia, Florida and Utah utilities working to undermine solar growth
Echoing the conflicts currently underway in Australia, utilities in the American states of Florida and Utah are making efforts to slow down the progress of burgeoning solar industries there. In […]
Retirement savings at risk if RET is slashed: IGCC
The Investor Group on Climate Change (IGCC) has advised the panel tasked with reviewing Australia’s Renewable Energy Target (RET) that the superannuation funds of millions of Australians are at risk […]
Abbott says RET driving up power prices, while solar appears to sink market electricity price in QLD
Are clean energy schemes driving up the price of electricity? In the case of the carbon tax, the answer seems pretty clearly to be ‘yes’–that’s what it was intended to do, initially […]
First Solar says utility-scale solar price will halve by 2019–if RET remains intact
The cost of utility-scale solar in Australia will halve over the next five years, making it cheaper than wind energy by 2020, according to predictions from one of the world’s […]
FRV suggests energy storage ‘multiplier’ incentive to encourage renewables, reduce peak demand
Spanish renewables group, FRV, has suggested the introduction of a form of banding, or a “multiplier,” to encourage the development of energy storage. FRV suggests a multiplier could be applied […]
ACIL Allen’s RET modelling shows homes & businesses could install 14GW+ of solar by 2040
Australian households will likely invest $30 billion in rooftop solar in the coming decades, assuming the major share of investment in the country’s transition to clean energy. Modelling conducted by consulting […]
Palmer’s backing of the RET ensures scheme’s survival, but cuts still likely
After several oscillations, Clive Palmer has suddenly (and apparently wholeheartedly) thrown his party’s backing behind Australia’s embattled Renewable Energy Target, currently the nation’s most important remaining support scheme for renewables. […]
ACIL Allen report on Renewable Energy Target bodes ill for Australian solar industry
The Australian solar industry is in grave fear about its future, following the release of various scenarios from ACIL Allen, the company doing the modeling for the Abbott government’s review […]
Sunshine Coast Council shows support for solar in RET Review submission
Queensland’s Sunshine Coast Council has predicted that local governments could lead significant growth in Australia’s utility-scale solar market, developing projects to protect themselves and their ratepayers against rising electricity prices. […]
