The global solar industry is facing its first year of contracted growth in decades, Bloomberg New Energy Finance has warned, as the global spread of the novel Coronavirus takes […]
Tag: BNEF
Is public uncertainty holding back Australia’s home battery boom?
Australians love the idea of battery storage, in the much the same spirit with which they embraced rooftop solar – as another way to cut electricity bills, gain control over […]
Global energy industry at ‘tipping point’ for coal, wind & solar: BNEF
The global energy industry is experiencing two major tipping points that mean coal will never be great again, and the age of wind and solar has arrived. Speaking at Bloomberg […]
Solar panel reliability testing: More relevant than tier ranking for solar homes & businesses?
Deciding whether you’re happy with a solar installers’ panel offering can be tricky business in a market flooded with different options (as is the case in Australia). Fortunately, DNV GL […]
What is a “Tier 1” solar panel? Tier 2 or 3?
When purchasing a solar system, the quality of the components to be used is frequently a key consideration. However, differentiating one brand from another may not be so simple, especially […]
Solar power for homes: Still worth it in Australia?
Lots of things have changed in recent years with regard to solar power for homes. The business case for going solar – the investment-worthiness of solar panels – has quickly […]
Blockchain network disruption soon to arrive – with Australian company at forefront
An Australian start-up has been named as a global leader in the development of “blockchain” technology in a report by Bloomberg New Energy Finance. The BNEF report named Perth-based company […]
Global manufacturing glut could mean 20% drop in solar panel prices – within a year: BNEF
A glut in the global solar manufacturing market could deliver module prices as low as $US0.30/Watt in 2017 – a 20 per cent drop within a year, according to a […]
Investment in large-scale renewables on the rise, but Aus still unlikely to meet 2020 target
Large-scale renewable energy investment in Australia has hit its highest levels since 2013, although it remains well short of the level needed to meet the reduced renewable energy target in […]
Aussie rooftop solar to reach 5GW by end of month
Australia’s total rooftop solar capacity is expected to break through the 5GW mark in July, reaching a remarkable milestone in a sector that was virtually non-existent in 2009. New data […]
Global solar & wind energy costs to fall to 5-6c/kWh by 2025: IRENA
A major new report by the International Renewable Energy Agency has predicted huge reductions in the cost renewable energy generation, that could see the average cost of electricity from solar […]
Solar and wind costs to plummet further over next decade: BNEF
Solar and wind energy costs will continue their stunning falls over the next decade, and by 2027 will be cheaper than existing coal and gas plants in most parts of […]
Half of Aussie electricity demand will be met by small-scale solar & batteries: BNEF
Australia’s rooftop solar homes and businesses will not just be generating up to half of the country’s electricity needs in the future, but could play a key role in meeting […]
One chart shows solar PV’s stunning progress over 40 years
A new graph by Earth Policy Institute and Bloomberg – sourced via this story on Treehugger – offers a stunning reminder the incredible journey solar PV has been on over […]
Queensland Productivity Commission report ignores benefits, emphasises costs of QRET
A new study from the Queensland Productivity Commission has estimated the state’s renewable energy target of 50 per cent by 2050 will cost $10.8 billion in subsidies, and has advised […]
Australia’s Redback aims to sell 28,000 home battery systems by 2019
Australian home energy storage technology developer Redback has signed an exclusive distribution agreement that will see 28,000 of the company’s SH4600 Smart Hybrid System units sold in Australia and New […]
The Australian solar home in 2025 (Australian Utility Week Roundup Part 2)
Things are changing fast when it comes to electricity in Australia, and Australian Utility Week 2015 (‘the year of the digital utility’) was a great place to catch a glimpse […]
Australia to have lowest-cost large-scale wind & solar projects in APAC – and coal can’t compete
Solar projects built in Australia are cheaper than any of its Asian neighbours, according to new research by Bloomberg New Energy Finance, while new Australian coal plants would be 50 […]
WINAICO Solar listed as tier 1 by BNEF
Industry analysts at Bloomberg New Energy Finance (BNEF) have classified WINAICO a tier 1 solar module manufacturer in their most recent PV Market Outlook report. Although the listing does not […]
Aus energy markets in midst of ‘seismic shift’ thanks to solar, storage: Shorten
The leader of the Opposition has pushed the case for household solar and battery storage, in a speech at the University of NSW last Friday. Federal Labor leader Bill Shorten […]
In California, now anyone can sell power into the grid
California has cleared the way for homes and businesses to sell their stored electricity into the grid at a profit, thanks to new legislation that allows the aggregation of distributed energy […]
Solar-plus-storage already cheaper than grid electricity in Aus: BNEF
Rooftop solar and battery storage already offers a cheaper option for Australian households than electricity from the grid, according to a leading analyst from Bloomberg New Energy Finance. “Solar and […]
Victoria, NSW will lead the way in residential energy storage uptake
NSW and Victoria will lead the adoption of battery storage by Australian households over the next two decades, the Australian Energy Market Operator has predicted. In its first ever analysis […]
Residential solar + storage system payback times: State by state
South Australian households planning to install rooftop solar and battery storage systems can look forward to the shortest payback period on the NEM, a new report by the Australian Energy Market […]
Solar-plus-storage will account for nearly half of Aussie electricity demand by 2040
A major new report from Bloomberg New Energy Finance has predicted that rooftop solar and battery storage will account for more than half of Australia’s electricity needs by 2040, as […]
Could the Coalition turn RET towards large-scale solar?
In seeking to justify its push against wind energy, the creation of a “wind commissioner” and its dealing with the Senate cross-bench, the Coalition is trying to turn the renewable energy target […]
Coalition reportedly investigating ways to promote large-scale solar ahead of wind
Solar energy could be favoured under the revised Australian renewable energy target, with Coalition ministers reportedly looking at ways to accelerate the development of large-scale solar projects, ahead of wind […]
RET deal’s passage will unlock billions in solar & wind investment
More than $10 billion in solar and wind investment would be unlocked if legislation to amend Australia’s renewable energy target achieved quick passage through parliament, the Clean Energy Council has […]
Renewable Energy Target deal struck: 33,000GWh with no 2-yearly reviews
The Abbott government and federal Labor have finally struck a bipartisan agreement on Australia’s renewable energy target, with both parties agreeing to slash it from 41,000GWh to 33,000GWh by 2020. […]
Queensland to aim for 50% renewables, 1 million solar homes by 2030
Queensland’s Labor government has restated its commitment to generating 50 per cent of its electricity needs from renewable energy by 2030, and to ensure one million homes in state had […]
Big solar could make up 40% of new 2020 large-scale renewables target: BNEF
Big solar could take up as much as 40 per cent of Australia’s 2020 Renewable Energy Target, even with a much reduced target of 33,000GWh, according to Bloomberg New Energy […]
