Vic sets up $30m for green energy grants
Projects to advance solar, geothermal and bio-energy in Victoria will now have access to a $30 million grant scheme, as the Brumby government pushes its green credentials before the November election.
Click here for full storyPlanning processes for renewable energy projects will be streamlined with Victorian councils receiving support to administer wind farm permits, the State Government has announced.
Click here for full storyAnalysts at the Department of Energy's Lawrence Livermore Labs have run the numbers on the US energy use in 2009, and come up with similar results to those obtained when examining the country's carbon emissions: energy use is dropping at a pace that is faster than would be expected based on the slowing economy alone.
Click here for full storyThe White House on Tuesday unveiled a report showing large federal investments in renewable energy are putting the U.S. on track to lower the cost for generating solar power, creating batteries for electric cars and sequencing the human genome
Click here for full storyThe tipping point for climate change, after which many of its most destructive effects will become irreversible, strongly suggests that atmospheric CO2 must be reduced from its current level of 390 ppm to "well below 350 ppm‚ significantly closer to pre-industrial concentrations of 285 ppm," according to a recent report by Beyond Zero Emissions, an Australian nonprofit organization.
Click here for full storyVestas, the world's biggest wind turbine manufacturer, has spread a dark cloud over the renewable energy sector by turning a sizeable second-quarter profit last year into a €120m (£99m) loss over the past three months.
Click here for full storyThe tough environment being faced by many companies in the green energy field was highlighted again today when a British solar power company reported a huge downturn in profits for the first half of the year.
Click here for full storyA new report by analyst Bloomberg New Energy Finance shows that global governments’ support for fossil fuel industry is about 10 times that offered to renewable energy says the WA Sustainable Energy Association Inc. (WA SEA).
Click here for full storyThe Arkx Clean Energy Fund’s managers are Australians who don’t have a dollar invested in Australia, a stance that’s unlikely to change after the Aug. 21 election.
Click here for full storyChina Huaneng Group Corp and Datang Corp, the country's top power producers, plan to float shares of their renewable energy units in Hong Kong in offerings that could raise over $2 billion, sources close to the deals said on Tuesday.
Click here for full storyThe Victorian Government has called for applications from businesses and community groups for grants under the $3 million first round of the state's Solar Photovoltaic Hubs program. The program will add 8.6 megawatts of community-based solar power to the grid by 2013. Grants for the solar hubs will range from $250,000 to $1 million.
Click here for full storyErnst & Young's (E&Y) announcement that it is launching a dedicated practice to support the UK's clean technology sector is the latest development to highlight the attractions of the sustainability business for the big consultancies. While E&Y claims to be the first to set up a practice specifically for cleantech, in recent years PricewaterhouseCoopers (PwC), Deloitte Touche Tohmatsu, KPMG and E&Y have all launched dedicated practices for sustainability and climate change.
Click here for full storyMore than 1000 people packed into Sydney Town Hall on August 12 for the Sydney launch of the Zero Carbon Australia (ZCA) Stationary Energy Plan. The plan outlines how Australia could meet all its energy needs from renewables within 10 years.
Click here for full storyFEDERAL opposition leader Tony Abbott has begun a one day visit to Perth with a $418.3 million funding commitment for the resources and energy sector.
Click here for full storyFrance has unveiled a new renewable energy investment program which will see the government provide €1.35 billion to support the development of cutting-edge clean energy technologies.
Click here for full storyI just reported on new findings out by the National Renewable Energy Laboratory showing that feed-in tariffs (FITs) are responsible for 3/4 of total solar PV in the world. The UK is the latest country to implement a major FIT program and expectations for solar energy growth as a result of this program are big.
Click here for full storyBUSINESS leaders say Australia and New Zealand could cut emissions by at least 15 per cent each and save money at the same time.
Click here for full storyAustralia, one of the world's top carbon polluters, can cut carbon emissions by at least 15 percent by 2020 without hurting its economy, business leaders at a climate conference said on Thursday.
Click here for full storyChina has recently surpassed the United States to become the world's biggest energy consumer, according to new data from the International Energy Agency. The IEA reported that China consumed 2.252 billion tons of energy equivalents last year - nearly 4% more than the United States.
Click here for full storyOn August 10, announces the wealth newspaper of second quarter for 2010 fiscal years on the brilliant solar energy of Australia. Brilliant Australia’s solar energy production is 311MW in the second quarter, the chain rate increases by 14%.
Click here for full storyAGL Energy Ltd. may spend A$10 billion ($9 billion) building renewable power production capacity by 2020 as Australia pursues a target of sourcing one- fifth of its electricity from alternative sources. “We need to build around another 5,000 megawatts of renewable” capacity, Michael Fraser, managing director of Australia’s largest electricity retailer, said in an interview in Melbourne. “Our customer base will underpin that.” Some 33 percent of AGL’s power generation portfolio is from renewable sources, including wind, solar, and landfill gas, he said.
Click here for full storyAustralia never managed to get its emissions trading scheme (or CPRS) off the ground, even though our smaller trans-Tasman neighbour New Zealand did. Now both major parties in Australia are being attacked for a lack of strong (or any!) policies on climate change, it would seem alternative ideas are needed. So Graham Readfearn for ABC Environment has scanned the globe for climate policies and come up with ten of the best.
Click here for full storyBloomberg is reporting that China will invest 5 trillion yuan (nearly $740 billion) over the next 10 years into renewable energy projects.
Click here for full storyWork on a comprehensive Senate energy bill may have ground to a halt for the summer, but that hasn’t stopped Massachusetts Senator John Kerry putting forward another set of proposals for clean energy.
Click here for full storyThe Australian Greens party has promised A$5bn ($4.6m) worth of loan guarantees for renewable energy developments of 100MW or more at a single site, deepening the country’s drive to become 100% reliant on clean energy sources.
Click here for full storyChief Minister Paul Henderson says a major Japanese technology company is coming to the Northern Territory to investigate potential renewable energy projects.
Click here for full storySecretary Steven Chu announced today that the Department of Energy is extending the application deadline for the July 2009 energy efficiency, renewable energy and advanced transmission and distribution technologies solicitation.
Click here for full storyGermany is expecting to get 20 percent of its total energy consumption from renewable sources by 2020 -- which would double its current share within 10 years.
Click here for full storyDespite repeated pledges to phase out fossil fuel subsidies and criticism from some quarters that UK government support for renewable energy technologies is too generous, global subsidies provided to renewable energy and biofuels are dwarfed by those enjoyed by the fossil fuel industry.
Click here for full storyUNCERTAINTY on carbon policy has resulted in debt held against one of the country's most emissions-intensive power stations, Loy Yang B in Victoria, being downgraded to one step above junk status.
Click here for full storyAustralian businesses spent $75.4 billion on energy during 2008-09, according to figures released today by the Australian Bureau of Statistics.
Click here for full storyLEADERS at the Pacific Islands Forum will work to make the most of a windfall expected from a $US100 billion ($110 billion) ''climate aid'' fund agreed at climate change talks in Copenhagen.
Click here for full storyA new Australian green investment fund was launched yesterday, amid claims it is the first climate-change advocacy fund in the world. Green funds typically work by investing only in renewable energies or companies which maintain high ethical standards with regard to environmental issues, but the joint venture between Australian Ethical Investments and the Climate Institute will take a different approach.
Click here for full storyConcerted political and regulatory support by governments around the world, and the financial incentives that they provide for innovation, are seen as crucial factors in the continuing growth of the cleantech sector.
Click here for full storyPrivate equity firms want to invest in the cleantech sector but are holding back because a lack of regulatory control and government financial incentives makes it too risky, according to research released Friday.
Click here for full storyLI Ka-Shing, Asia's richest man, has bought EDF's British electricity network business for £5.8bn in a deal that will see its £500m pension deficit for UK workers reduced by a quarter.
Click here for full storyAs solar and wind energy are moving from niche businesses to big global industries, companies around the world could realize big rewards if they became leaders.
Click here for full storyGlobal subsidies for fossil fuels dwarf support given to renewable energy sources such as wind and solar power and biofuels, Bloomberg New Energy Finance said.
Click here for full storyNobel prize-winning US economist Joseph Stiglitz said Australia is at risk of falling behind Europe in the development of low-carbon technologies while awaiting clarity on the worldwide accord.
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