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Showing 21 - 30 of 263 results for "wind"

Renewables set to dominate by 2040

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... of containing global warming at 1.5C. With record growth in areas such as EV sales and renewable energy, by 2040 solar and wind are predicted to dominate the global energy mix. Between 2021 to 2040, total energy investments are set to increase from US$1.5 ...

Aware Super plugs in to renewable energy platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 OCT 2023  |  NEWS
... solutions (BESS) in Australia. The allocation "complements" the fund's existing more than $2 billion investments in utility-scale wind and solar generation assets and other climate solutions, said Aware Super head of infrastructure Mark Hector. "An investment ...

New NZ gov scraps 2030 emissions goal

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... 2000), gas (19% - up from 18% in 2021) and oil (2%). However, according to data from OpenNEM South Australia averaged 90% wind and solar over the past week - meaning the state generated enough wind and solar to meet more than 90% of its energy needs. ...

Bowen paints mixed outlook for energy future

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... big task". He argued Australia's unique position as the world's largest island puts it as an advantage to build an offshore wind industry "from scratch". "We've were looking for comparable advantage as a country for 235 years, we've found it ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Brookfield buys UK Banks Renewables

ROSE MARY PETRASS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... infrastructure, private equity, real estate, and credit. Family firm the Banks Group sold its renewable energy division with 11 onshore wind farms across the UK, and two further wind farms under development, which will add 400 megawatts of additional ...

Forestry companies create global engagement body

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
A coalition of forestry companies including New Forests have launched a collaborative engagement body that will advocate on issues including climate change, biodiversity loss and halting and reversing deforestation. The International Sustainable Forestry ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A growing group of financial institutions from around the world are divesting from fossil fuel companies and projects and becoming certified as fossil-fuel free. This presents a growing challenge as the window of what is considered exposure narrows. ...

Regional renewable investments ramp up

ROSE MARY PETRASS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... major project. The partnership will deliver nine to 10 gigawatts of renewables projects by 2035, including two RWE-owned wind farms near Biloela and in the state's south by 2029. RWE plans to expand solar, storage and wind power across Victoria and ...

Climate action both risk and opportunity to Australia: Intergenerational Report

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... minerals such as lithium, cobalt and rare earth elements, which are key inputs to clean energy technologies. With abundant wind, sun and open spaces Australia also has the potential to generate green energy more cheaply than many countries." The report ...