Rising Solar Market in Australia The Australian market is seeing rapid growth both in terms of rooftop solar and ground mounted utility capacity. The major reason being high electricity prices being offered by energy retailers to domestic Australian customers. Despite a free market prevailing in buying power, Australian consumers have to pay high prices as […]
Is the Australian Government Abandoning its Climate and Environment Responsibility The Australian government in its National Energy Guarantee (NEG) plan has given short shrift to renewable energy with a plan of installing only 8% to 36% of power generation projected to come from renewables by 2030. There are no incentives or subsidies for renewables under this scheme. […]
Multi-megawatt Solar Farms – Australia Though the Australian government has almost abandoned its renewable energy target with its New Energy Plan which remains ambiguous towards renewable energy, large companies are planning to build huge multi-megawatt solar farms. A number of companies have announced plans to build large plants. Indian EPC player Sterling and Wilson plans […]
Solar in Australian Commercial and Industrial Segments Solar energy in Australia has mostly taken off due to the feed-in tariffs paid to residential customers installing rooftop solar energy. This has led to more than 20% of Australian households having rooftop solar systems. However, the offtake of solar energy in the industrial and commercial segments has not […]
High Electricity Prices – Australia Green energy is being currently blamed for the very high electricity prices being paid by Australians with the Clean Energy Target (CET) coming into sharp focus of critics. As the Australian government grapples on how to moderate prices in the energy sector, an Australian Competition and Consumer Commission report clearly […]
Solar Power Plant in Australia A solar power plant being built at Moree will use approximately $300 million in government subsidies in the form of loans, grant and renewable energy certificates. Moree Solar Farm received US$ 77.9 million in funding support from the Australian Renewable Energy Agency (ARENA) and a debt finance commitment of US$ […]