As technology improves, the cost of renewable energy systems decreases, making it a more affordable option in comparison to traditional fossil fuels. This decrease in costs results in lower electricity prices for both households and businesses.
The funding is part of ARENA’s efforts to significantly reduce the cost of solar power and drive down the cost of solar even further and support the country’s transition to renewable electricity.
The Renewable Energy Target is an Australian Government initiative designed to reduce greenhouse gas emissions in the electricity sector.
BlackRock Chairman and CEO Larry Fink tells CEOs that the unfolding global transition cannot be avoided.
Each of us can do our part to reduce our carbon footprint. And we all should. But individual actions can only do so much. Businesses need to be setting examples for sustainability.
Swapping to solar energy not only helps save the planet, but can help business owners save money.
A new CSIRO report GenCost 2020-21 has found that solar and wind are the cheapest source of energy in Australia based on integration costs of renewables in electricity generation. “Previous GenCost reports added arbitrary amounts of storage costs, but this year we used a model of the electricity system that optimises the amount of storage […]
As the world continues to shift in a “green direction” and Australia heads towards a target of net-zero emissions, it is becoming increasingly important for SMEs to be looking to renewable energy sources to power their businesses. Currently, only 46 per cent of all Australian businesses are using renewable energy, and of those users, two-thirds […]
H2X Marine, the new boat building arm of Australia’s leading Hydrogen Fuel Cell Vehicle manufacturer, has partnered with Brisbane small business, Wildcat Marine, to commence construction on ferries powered by renewable energy. The company will initially produce a range of zero-emission passenger ferries for industrial and commercial use each driven by Hydrogen Fuel Cell technology. […]
A $32 billion investment in renewable energy will be unlocked under the NSW Government’s new plan to cut down on the state’s emissions, reduce reliance on coal and create new jobs. The government said the plan would “cut red tape” to speed up approvals for transmission infrastructure in renewable energy zones in the Central west and New […]
