Aussie bankers are finally investing in solar farms!
It can get a bit tiring sitting here at SQHQ listening to the solar narks peddling the age old line that “solar is completely uneconomic and will destroy our precious mining economy”.
Luckily a solar milestone flashed by our radar last week which drives yet another nail into the argument put forward by those who think that open cast mining is the true path to a 21st century economy. [Read more…]
I put this together to try and get across just how economically compelling solar power is if you look at the cost of electricity over 20 years instead of simply focussing on the up front cost.
If you can get good financing, solar power is an economic no-brainer for most households.
Are cheap Chinese solar panels good or bad for Australia?
You remember the spiel readers? About how globalisation was going to make an awful lot of people in the Western world very rich er … save the world through the breaking down of trade barriers. [Read more…]
Does Warren Buffett really love solar – or is it a cynical ploy to grab some government subsidies?
As Australian solar fans considered what the new year will bring in respect of solar energy, news arrived from over the seas of a spectacular bet on solar from one of the world’s richest men. I’m talking of Warren Buffett, the man considered one of the wisest investors in the land (he’s not known as the “Wizard of Omaha” for nothing folks) and his $US2.5 billion swoop for SunPower’s Antelope Valley Solar Projects. The projects are expected to begin construction in 2015. [Read more…]
Every now and then here at Solar Quotes HQ we like to tear ourselves away from the short sighted solar power policies of our elected representatives and gaze at overseas solar energy trends. Are other countries’ solar sectors hamstrung by suffering cutback after cutback in solar feed-in tariffs? Do they have the equivalent of our conservative regimes cutting back on renewables almost as soon as they gets their bums on the seats in their respective state parliaments?
[Read more…]
The purchase of the Southern Hemisphere’s largest tracking solar power plant in Alice Springs raised a few eyebrows this week, garnering a bit of rare (but much-needed) good publicity for the venerable Commonwealth Bank along the way. [Read more…]
The powers that be are starting to agree with the protestors…
The Australian solar energy sector received a huge morale boost this week with the release of the Bureau of Resources and Energy Economics’ Australian Energy Technology Assessment (AETA) Report. Putting the report’s findings in a nutshell, which is always dangerous, it seems previous reports and energy assessments were, to put it bluntly, dead wrong and renewable sources of energy such as solar and onshore wind are set to have the “lowest levelised cost” of all the energy technologies in the country by around 2035. [Read more…]
Bluescope want your taxes!
A news item caught your correspondent’s eye last week. According to an ABC local news report of 4 July, the government is set to shell out half of the required funding for a project which will allow solar panels to be integrated into metal roofing. Due to one of Australia’s most polluting companies being on its knees due to the carbon tax (inserts <sarcasm></sarcasm> tags here) we, the taxpayer, are to contribute $2.3 million of this $5 million solar power project for Bluescope Steel. [Read more…]
Are Cheap Solar Panels Going To Start A Trade War?
It may be a little while before the dust settles on the U.S. Department of Commerce’s decision to slap a massive 31 percent tariff on China’s top makers of solar panels (more for those about to enter the market) but already big questions are being asked. One of these is: who are the real winners and losers? [Read more…]
Wayne Swan’s budget was good for solar
Debate continues to rage in the press over the last week as to whether or not Treasurer Wayne Swan’s much lauded Budget 2012 is good for the future of solar power in this country. The Treasurer’s delivery and demeanour gave no real hint of the speech being one that could be considered pro or anti renewables and solar pundits have split over what the Budget will mean for the Australian solar industry. [Read more…]
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