The connection between scientific research and government action appears to have a long way to go. Financial advocacy group Market Forces has revealed that the four major banks of Australia (Commonwealth, ANZ, NAB and Westpac) have approved funding for $5.5 billion of coal, oil and gas projects to go ahead in 2016.
Coincidentally, The Climate News Network have revealed in the same week that the global carbon emission quota if we are to reach the goals established in Paris last year is in fact half of what we initially thought.
The 4.5 MW Normanton Solar Farm in far north-west Queensland will receive public funding to the tune of $8.4 million, the Australian Renewable Energy Agency (ARENA) announced today.
The project, to be constructed by Canadian Solar and Scouller Energy, is designed to prove the benefits of large-scale solar generation in remote parts of the electricity network.
A solar power system bulk-buy program in Central Victoria has been hugely successful, achieving 450 installations so far – and with more to come.
Stanford researchers have discovered that solar cells made from common metal oxides such as rust can convert photon into electrons more efficiently than their silicon counterparts – in a particular scenario.
It was a bit of a “huh?” moment and a breakthrough they say that could lead to cheaper solar energy storage.