Renewable Energy News

Several media outlets have reported The Greens will today announce a policy providing a 50 per cent tax credit on residential battery storage system purchases.

The policy will reportedly be used as a bargaining piece by The Greens in their negotiations with the Turnbull government over passage of its budget; which offered nothing in relation to support for renewable energy.

The incentive would be up to a maximum of $5,000 for those earning above $80,000 before deductions. Those earning below $80,000 would be entitled to an additional credit of up to $5,000.

The ACT’s Minister for the Environment and Climate Change, Simon Corbell, has introduced legislation to bring forward the target for net zero carbon emissions (carbon neutrality) in the Territory.

While it’s taken decades for the USA to reach 1 million installed solar power systems; the next million will only take a couple of years. By 2025, the U.S. will be installing a million systems a year.

According to a new report published by the George Washington Solar Institute, there’s enough solar installed across the nation right now to power the entire state of Pennsylvania or to cover every rooftop in New Mexico.

NSW Greens MP John Kaye will be greatly missed by his family, friends and colleagues – and the renewable energy industry.

Mr. Kaye died on Monday night after a brief battle with a particularly aggressive cancer.

“We are very saddened by this news. John’s loss will be felt deeply by Greens members and supporters across the country who held an enormous amount of respect for his work, particularly in education and renewable energy,” said Australian Greens Leader Richard Di Natale.

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