RET Watch: Uncertainty stalls wind farm investment

Screen Shot 2013-08-31 at 11.06.12 AMPolicy uncertainty has stalled Australia’s transition to renewable energy for years, and the Renewable Energy Target review announced on February 17 looks set to continue this worrying and regressive trend. 

The Abbott government’s RET review has forced Origin Energy to hold off building its Stockyard Hill wind farm. The energy company must wait until the RET review is released and government’s response before advancing the project.  

Climate Spectator reports: Continue reading “RET Watch: Uncertainty stalls wind farm investment”

Graph of the Day: Australian wind farm projects at risk

Published by RenewEconomy. View original article. This is a graph that makes wind farm developers anxious. It was produced in a presentation made by senior AGL Energy executives in late May, and illustrates what would happen to the wind energy … Continue reading Graph of the Day: Australian wind farm projects at risk

Hepburn Wind's two REpower 2.05MW turbines

Wind farms: two steps forward, one step back

Todays news has seen two wind farms getting the go-ahead, and one abandoned by its proponent.

Hepburn Wind's two REpower 2.05MW turbines
Hepburn Wind’s two 2.05MW REpower turbines

Giles Parkinson at Renew Economy reports on the Taralga wind farm in NSW:

CBD Energy said it has signed a power purchase agreement with TRUenergy that will allow construction of the 108MW Taralga wind farm to begin later this year – its first utility scale wind project in Australia.

(. . . )

The $250 million Taralga wind farm – which won approval only after a fierce court battle – had been in doubt about the failure of the AusChina joint venture that CBD Energy signed last year to take the project forward. However, CBD then took on the principal development role to secure the PPA and equity and financing partners. The PPA is a key element in gaining financing, and partners and the EPC contractor are expected to be announced soon.

And on the Mt Mercer project, proponent Meridian energy has announced it will begin construction in December 2012. A contract has been signed with turbine manufacturer REpower to supply the turbines. Continue reading “Wind farms: two steps forward, one step back”

Adelaide Central Market gets solar panels

From the ABC. Adelaide’s Central Market is the latest of eight new solar-powered sites around the city. The $60 million project has been funded by the Federal Government and a consortium of companies led by Origin Energy. Program manager Dario De Bortoli says the 300 solar panels will generate about 70,000 kilowatt hours of energy per year for the stalls at the market. “It’s an opportunity for us to showcase the technology of solar power and the flexibility of the use solar power at a site that is historically important,” he said. Continue reading Adelaide Central Market gets solar panels