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  • GREEN DEALS: Silverton stoppage | Business Spectator
    on Wednesday according to the ABC He added that the wind resource remained attractive the company said in May that it was at the bottom of the cost stack of mainland Australian projects and AGL remained enthusiastic for its development potential pending another review of the RET early next year CBD Energy Taralga wind farm Fresh from reaching financial close on the Taralga wind farm a JV with Santander including receiving a 37 5 million loan from the Clean Energy Finance Corporation CBD Energy has entered a trading halt pending the release of an announcement by CBD regarding the outcome of discussions between CBD and its financiers and major creditors in relation to a proposed restructuring of CBD The progress at Taralga can only have helped negotiations for CBD but that doesn t mean all is rosy Its shares did after all most recently close at 1 1 cents near a record low and valuing the company at just 6 million AGL Meridian Energy Macarthur wind farm Meridian Energy has successfully palmed off its 50 per cent stake in Australia s largest completed wind farm The 420 MW Macarthur wind farm which became fully operational early this year has been bought out by Malaysian interests after the rumoured loan from the Clean Energy Finance Corporation eventuated Meridian s 659 million deal with Malakoff came as the CEFC confirmed a 50 million loan in combination with a number of lenders that altogether provided 529 million Macarthur is a good asset and this has people wondering why the CEFC bothered to step in at all to assist with refinancing The optimists would say that given it s a pretty safe investment it s not a bad way for the body to dip its toe in the water It is also good to see some investment rather than grants that provide politicians with announceables but never see the light of day Others may ask whether or not such investment sees public funds getting in the way of the private sector and consequently is more harm than good Both sides of the debate have a case and I guess the other positive the CEFC could point to is that it frees up cash for Meridian to invest in more wind projects FRV Royalla solar farm The Royalla solar farm could be getting bigger The winner of an ACT government grant last year FRV recently received approval for the planned 20 MW development at Royalla but it could extend to 40 MW according to a report in the Canberra Times The report said that plans lodged under Commonwealth environmental guidelines indicated a two stage project 2 x 20 MW with stage two beginning in February 2014 This has however not been approved by the ACT government nor committed to by FRV the Canberra Times added Dyesol Dyesol says it has established a new world record efficiency of 15 per cent for a solid state Dye Solar Cell DSC The recent breakthroughs in solid state Dye

    Original URL path: http://www.businessspectator.com.au/article/2013/7/12/green-deals/green-deals-silverton-stoppage (2014-01-13)
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  • GREEN DEALS: King win | Business Spectator
    GREEN DEALS King win Daniel Palmer 25 Jun 2013 10 41 AM Climate Green Deals Renewable energy Solar energy Wind power The King Island wind farm moves to the feasibility study stage Silex takes a big stride forward in Mildura and there s progress at a couple of wind farms in New South Wales You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Hydro Tasmania King Island wind farm On the back of a study finding 58 7 per cent of residents support a feasibility study into a proposed 2 billion wind farm on King Island Hydro Tasmania has made such a commitment Hydro Tasmania pushed a board meeting forward from Wednesday to Monday to provide a quick answer to residents following the vote And the result was a unanimous yes from the board for a feasibility study to progress As mentioned on Green Deals previously the likelihood of a majority supporting the development progressing to a feasibility study was high And while it didn t quite reach the 60 per cent mark previously indicated in The Mercury as being a key threshold it was still a vote of support Hydro Tasmania explained that the 60 per cent number was a broad target that was widely misinterpreted as being the minimum number I know some have implied that the figure of 60 is a number that will determine if the project goes ahead or not Hydro Tasmania s Andrew Catchpole said However we have always said that 60 per cent would be a good indication of broad community support We got 59 per cent and that is a very good result The feasibility study will take two years to complete and provided it is deemed feasible and retains community support Hydro Tasmania will look to begin construction in 2017 The project would take around two years to build meaning that we could see it providing power to the grid in 2019 While we believe the project if it proceeds to construction will have a significant and positive impact on the island s economy there is a long way to go before that happens Mr Catchpole said I can only repeat that this project will not proceed without ongoing broad community support Silex Systems Silex Systems subsidiary Solar Systems has completed Australia s largest concentrating photovoltaic CPV solar power station The development in Victoria s north west has a capacity of 1 5 MW and uses 40 CPV Dense Array dish systems It is a key development toward the goal of building a 100 MW solar power station in Mildura The completion of the Mildura facility is a major step forward in

    Original URL path: http://www.businessspectator.com.au/article/2013/6/25/green-deals/green-deals-king-win (2014-01-13)
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  • GREEN DEALS: Yallourn's rain check | Business Spectator
    100 million coming from the CEFC Meanwhile it has reportedly shortlisted bidders for its stake in Macarthur with Macquarie Bank advising on the sale Waterloo wind farm The Clare and Gilbert Valleys Council has given the all clear to an extension of the 111 MW Waterloo wind farm As a result the development will have a further six 3 MW turbines added Last month Energy Australia offloaded 75 per cent of Waterloo to infrastructure investors Palisade Investment Partners and Northleaf Capital Partners for over 200 million It has retained 25 per cent and will continue to be a long term off taker for both energy and Large scale Generation Certificates produced by the wind farm Ratch Australia Ratch Australia is considering building a 20MW solar farm in north Queensland according to The Cairns Post The planned 45 million development in Collinsville will follows the decommissioning of its coal fired power station in the region Ratch is hoping to start building the solar PV plant next year before assessing a new facility in the Far North the report said Carnegie Wave Energy Carnegie Wave has formally taken over control of the onshore development site at HMAS Stirling on Garden Island the location of its flagship Perth Wave Energy Project The control of the site comes following a handover from the Australian Department of Defence This is a significant step in the implementation of Carnegie s Perth Project indicative of the significant amount of work by both the Department of Defence and Carnegie Carnegie s Project Development Officer Tim Sawyer said Last year Carnegie signed power supply and grid connection agreements with the Department of Defence for power from the project to be supplied exclusively to Australia s largest naval base HMAS Stirling Carnegie has also continued progress in purchasing key elements for the project with six of the 10 now acquired Dyesol It is now clear just how far oversubscribed the Dyesol share purchase plan was with the company reporting applications for 22 53 million worth of stock 10 5 times that planned As a result Dyesol lifted the size of the offering to 4 million with shareholder applications scaled back accordingly Siemens solar The last of Siemens solar businesses Solel will be shut down within a year after the German group failed to find a buyer for the subsidiary Solel bought by Siemens for around 400 million in 2009 was put up for sale in October last year but failed to attract much interest in the current depressed market Solel will close with accumulated losses of over 1 billion for Siemens according to Reuters Print this page GREEN DEALS Yallourn s rain check Daniel Palmer 18 Jun 2013 10 58 AM 1 Climate Green Deals Renewable energy Solar energy Wind power More from Daniel Palmer 13 Jan DataRoom AM Sensis slice 10 Jan DataRoom AM Unclogging Clydesdale 09 Jan DataRoom AM Juicy deals 08 Jan Will Twitter s founder strike social gold twice 08 Jan DataRoom AM Warrnambool wildcard Related

    Original URL path: http://www.businessspectator.com.au/article/2013/6/18/green-deals/green-deals-yallourns-rain-check (2014-01-13)
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  • China makes fresh promises on air pollution, pledges support for solar | Business Spectator
    shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu China makes fresh promises on air pollution pledges support for solar Reuters 17 Jun 2013 10 11 AM Climate Energy markets Green Deals Solar energy China approves new measures to tackle air pollution You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password China s cabinet approved new measures to combat air pollution on Friday in the latest step by China s new leadership to address the country s enormous environmental problems with pollution a key source of rising social discontent in China The government also promised to support China s troubled solar power industry despite problems with overcapacity and ongoing trade disputes with the United States and Europe In a meeting chaired by Premier Li Keqiang the State Council approved 10 anti pollution measures the council said in a statement posted on its website late Friday In particular the State Council promised to Accelerate the installation of pollution control equipment on small coal fuelled refineries Curb the growth of high energy consuming industries like steel cement aluminum and glass Reduce emissions per unit of GDP in key industries by at least 30 percent by the end of 2017 Improve indicators used to evaluate the environmental impact of new projects and deny administrative approvals financing land and other support to projects that fail to meet high standards Strengthen enforcement and collection of fees and penalties that companies pay based on their emissions Use legal action to force industries to upgrade pollution controls and establish or revise industry level emissions standards The country s new

    Original URL path: http://www.businessspectator.com.au/news/2013/6/17/green-deals/china-makes-fresh-promises-air-pollution-pledges-support-solar (2014-01-13)
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  • GREEN DEALS: TasWind test, thermal thump | Business Spectator
    a crucial juncture The massive 200 turbine project which would be Australia s largest if given the go ahead is likely to move to the feasibility stage if a vote from residents clears the 60 per cent support threshold Surveys were delivered to King Island residents last Friday with the results to be released June 24 Two days later Hydro Tas will hold a board meeting to make a call on the feasibility study with the survey holding a fair bit of weight in a decision either way The future of the project is on a knife edge after an anti wind group gathered a few hundred signatures on a petition against the development The Hydro Tas commissioned survey s main goal however is not to assess support for a wind farm now but instead analyse how many are keen for a feasibility study For what it s worth Green Deals is willing to stick its neck out and say more than 60 per cent will support the company moving to a feasibility stage After all why would you say no to a feasibility study Particularly one that could show you are entitled to thousands in compensation Further boosting confidence is the fact the anti wind lobbying group was already crying foul about the survey on Friday perhaps a hint they think the vote is set to go against them Solar Oasis The 230 million Solar Oasis project in Whyalla has received a major possibly fatal blow with the Australian Renewable Energy Agency withdrawing 60 million in Commonwealth funding The project was developed to demonstrate the potential of big dish concentrating solar thermal technology developed by ANU Around 300 dishes were to be used to generate 40MW of power ARENA moved for the exits after it said the project failed to meet several conditions set but it has left Whyalla councillors shaking their heads The initial 230 million investment had the potential to become a multi stage project generating electricity and enabling applied research and development to piggy back of the major project leading to advances in energy storage and thermo chemical processing Whyalla City councillor Eddie Hughes told Whyalla News The decision means that 15 years of hard work to establish in Whyalla a major world first concentrating solar thermal power station using Australian technology has been flushed down the drain He did however say the council would help the developers try to revive the fledgling development It s the latest blow to solar thermal in Australia after the billion dollar plus Solar Dawn project in Queensland saw funding promised to it through Solar Flagships left in Commonwealth hands after it failed to reach financial close Keyneton wind farm The King Island wind farm isn t the only one nearing a key decision with Pacific Hydro s Keyneton wind farm proposal now with the planning minister in South Australia Pac Hydro lodged an application with the Development Assessment Commission for the 42 turbine project last year and it has

    Original URL path: http://www.businessspectator.com.au/article/2013/6/10/green-deals/green-deals-taswind-test-thermal-thump (2014-01-13)
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  • GREEN DEALS: Dyesol breakthrough | Business Spectator
    for the construction of 282 turbines with concept approval granted for 598 wind turbines Its projected operational capacity was set to be over 1000 MW provided there were infrastructure upgrades For now the company is focusing on a 250 MW development in the first stage which would still make it the largest in New South Wales Originally stage 1 was to be a 282 turbine 300 MW development but given the fast development of turbine technology such a high number of turbines would be incredibly unlikely Construction is slated to begin in 2014 It had been forecast by previous owner Conergy to begin in 2009 10 before AGL revised that to 2013 when it bought the project last year This then looked like being pushed back as far as 2015 before the company came out last week with the latest timing update The frontrunners for a contract at the project are not known though Vestas would be a lead candidate to supply the turbines given its 3 MW V112 turbines were installed at AGL s most recent project the 420 MW Macarthur wind farm Leighton Contractors worked on the construction of Macarthur and will likely also put its hand up to be involved with Silverton Meanwhile in solar the company is progressing with the biggest large scale solar project in Australia Spawned from the otherwise failed Solar Flagships program the company s partnership with First Solar will see the development of a 100MW solar farm in Nyngan NSW and another 50 MW development at Broken Hill AGL said last week it expected financial close on the project before the end of the current financial year with construction planned to begin around the middle of next year Windlab Systems Australia s Windlab Systems is staking out a spot in South Africa s burgeoning clean energy sector with power purchase agreements to be signed with the South African government today for two wind farms Construction on the two projects which have a combined capacity of 226 megawatts will commence immediately Windlab whose biggest Australian wind farm is the 206MW Collgar wind farm in Western Australia said it has turned its attention offshore due to local policy uncertainty While the Australian wind industry continued to struggle against political uncertainty both past and present South Africa has roundly embraced the benefits of renewable energy in meeting its long term energy needs the company said in a statement Among the projects on Windlab s books in Australia is the planned 700 MW Kennedy wind farm in Queensland which remains up in the air If it were built it would be the country s largest Geodynamics Geodynamics has achieved its biggest milestone yet and indeed a landmark for Australian geothermal The company s 1MWe Habanero pilot plant has been successfully commissioned and produced Australia s first Enhanced Geothermal Systems EGS generated power A planned demonstration trial and testing program has commenced and is likely to run for around 100 days with completion in August 2013 The

    Original URL path: http://www.businessspectator.com.au/article/2013/5/9/green-deals/green-deals-dyesol-breakthrough (2014-01-13)
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  • GREEN DEALS: Large, larger, largest | Business Spectator
    decision time for a feasibility study on a 600MW 200 turbine wind farm plan for King Island If it were to proceed it would be the largest wind farm in the Southern Hemisphere The state owned group is confident it can secure the funding for the 2 billion development with the main doubts resting with the overall viewpoint of the community A survey will be conducted in June to discover where exactly the 1600 strong community stands and if it comes out showing greater than 60 per cent support then millions will be ploughed into a feasibility study according to The Mercury From all reports it s on a knife edge Infigen Energy Infigen Energy s third quarter results paint a contrasting tale for the performance of its wind farms in Australia compared to the US Overall the ASX listed renewable energy firm saw production fall 7 per cent compared to the same quarter last year while revenue was flat But while production slumped 10 per cent on weaker wind conditions in the US it was steady in Australia This reflected better wind conditions across its sites in New South Wales and Western Australia offset by weaker wind conditions at Lake Bonney in South Australia the company said Meanwhile higher prices saw revenue surge 10 per cent in Australia offsetting the 9 per cent fall in the US Lal Lal wind farm West Wind Energy s Lal Lal wind farm has taken a big step forward with the groundwork underway to ready the site for turbine installation next year according to The Courier The 150 MW project 25km south east of Ballarat in Victoria is likely to be fully operational in 2015 Hopefully next summer we will be building a concrete slab for maintenance and building foundations for the wind turbines WestWind Energy managing director Tobi Geiger said All up 64 turbines are expected to be installed Macarthur wind farm An independent AECOM study of Australia s biggest operating wind farm the 420MW Macarthur in Victoria s south west has found it is operating within noise limits We appreciate some community members have been concerned about wind farm noise levels so we wanted to make sure it was operating correctly from the start and give the community a greater level of comfort AGL s Group General Manager Power Development Scott Thomas said Over 40 000 hours of noise monitoring has been conducted at Macarthur which is well beyond the amount of noise monitoring required in the Planning Permit World s largest solar farm MidAmerican Solar and SunPower have started major construction of the world s biggest solar development The 579 megawatt Antelope Valley Solar Projects will take almost three years to build and when complete will provide enough energy to power approximately 400 000 Californian homes The Antelope Valley Solar Projects are owned by MidAmerican Solar SunPower designed and developed the projects and is the engineering procurement and construction contractor It will be complete by the end of 2015 Print

    Original URL path: http://www.businessspectator.com.au/article/2013/5/1/green-deals/green-deals-large-larger-largest (2014-01-13)
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  • GREEN DEALS: Tassie celebration | Business Spectator
    investor appetite and there s a big buy in solar You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Musselroe wind farm The 168 MW Musselroe wind farm Tasmania s largest is now delivering power to the grid Currently 37 turbines are in operation with a further 19 to be added periodically The site 100 kilometres north east of Launceston is expected to be fully operational in July Musselroe is the second joint venture for Hydro Tasmania and China s Shenhua with the latter finalising a 75 per cent stake earlier this year The first JV was under a similar set up with Shenhua acquiring 75 per cent of the Woolnorth wind farms This appears the start of a blossoming co operative arrangement between the Tasmanian government owned Hydro Tas and Shenhua with plans afoot for a further 1 6 billion in wind investments Carnegie Wave Energy ASX listed Carnegie Wave Energy will receive a 1 27 million AusIndustry grant for a desalination plant that will be directly powered by wave power The government grant from the Clean Technology Innovation Program will endeavour to highlight the potential for desal plants to be powered much more efficiently The desalination pilot will run alongside Carnegie s flagship Perth Wave Energy Project on Garden Island off the coast of WA Work has already begun on advancing the design and securing approvals for the desalination project as well as planning for its integration into delivery of the Perth Wave Energy Project Carnegie s Chief Executive Officer Dr Michael Ottaviano said Boco Rock wind farm It seems there is only one interested suitor for the Boco Rock wind farm potentially making a mockery of the bidding process that concluded on Wednesday According to the Wall Street Journal China Longyuan Power Group is no longer interested in a stake in the NSW wind farm owned by Continental Wind Partners If that is the case then Thailand s Electricity Generating is the lead only candidate to acquire between 50 and 100 per cent of the wind farm The project is likely to see the installation of 67 turbines in phase one and CWP has approval to build a further 65 Stony Gap wind farm On off on It seems Energy Australia s Stony Gap wind farm could yet proceed after the dissenting council in South Australia this week gave its consent In August last year Stony Gap a 41 turbine 123 MW development was the first wind farm knocked back by a local council since new regulations were passed in South Australia According to the ABC the Regional Council of Goyder has now given its approval after negotiations

    Original URL path: http://www.businessspectator.com.au/article/2013/4/26/green-deals/green-deals-tassie-celebration (2014-01-13)
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