Green Energy
The Australian government in July started charging polluters for the carbon they emit to reduce the nation’s reliance on fossil fuels and encourage wind and solar power. The country also plans to invest $10 billion in Clean Energy Finance Corp. to help the industry.
“First Solar has labeled Australia as one of the more prospective markets globally, and we would agree with that,” said Tim Buckley, managing director at Sydney-based Arkx Investment Management, which owns shares in the US panel manufacturer. “But progress to date has been limited,” partly because of uncertainty about government energy policy.
While Australia has the highest average solar radiation per square meter of any continent, according to the government, some projects picked to receive solar grants, including a venture led by Areva SA in the state of Queensland, have failed to meet financing deadlines and sign power-supply agreements.
“If you can’t create a sustainable solar market in Australia, it’s difficult to see how you can create one in other markets without strong government intervention,” Curtis said.
Solar News from Green Energy WA
Read more: http://www.smh.com.au/business/carbon-economy/australia-four-years-behind-us-solar-giant-says-20121016-27pi5.html#ixzz29cgCe4LS
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Green Energy
Solar in Governments Hands
The Australian government in July started charging polluters for the carbon they emit to reduce the nation’s reliance on fossil fuels and encourage wind and solar power. The country also plans to invest $10 billion in Clean Energy Finance Corp. to help the industry.
“First Solar has labeled Australia as one of the more prospective markets globally, and we would agree with that,” said Tim Buckley, managing director at Sydney-based Arkx Investment Management, which owns shares in the US panel manufacturer. “But progress to date has been limited,” partly because of uncertainty about government energy policy.
While Australia has the highest average solar radiation per square meter of any continent, according to the government, some projects picked to receive solar grants, including a venture led by Areva SA in the state of Queensland, have failed to meet financing deadlines and sign power-supply agreements.
“If you can’t create a sustainable solar market in Australia, it’s difficult to see how you can create one in other markets without strong government intervention,” Curtis said.
Solar News from Green Energy WA
Read more: http://www.smh.com.au/business/carbon-economy/australia-four-years-behind-us-solar-giant-says-20121016-27pi5.html#ixzz29cgCe4LS
- Australia Hits The 1 Million Mark!!
In our latest Green Energy WA news. Australia has reached one million rooftop solar systems installed on homes and businesses, capping off a massive rise over the past decade of federal and state incentives. Time to buy solar?The one million mark was...
- Australia Concedes Lead To South Africa In Solar Thermal Technology
It is ironic that in the same week that the ambitious $1.2 billion Solar Dawn solar thermal project in south-west Queensland should finally be put to rest, construction of two solar thermal projects – with storage – should begin in South...
- One Million Up For Germany!
Germany's Millionth Solar Power System Installed 21 years after an ambitious program was launched in Germany to promote the uptake of solar, the nation's 1 millionth solar panel array has been installed. According to the German Solar Industry...
- 80,000 South Aussies Switch On To Solar
A new report from the Essential Services Commission of South Australia (ESCOSA) estimates 80,000 electricity customers in the state will have installed solar panels by December this year. This figure represents around 10% of all small electricity customers...
- Indian State Of Uttar Pradesh Signs 600 Mw Solar Power Agreements
Article originally published in cleantechnica.com, on May 6th 2015 Indian states are gearing up to develop ambitious ultra mega solar power projects in association with the Solar Energy Corporation of India.The state of Uttar Pradesh has signed agreements...