As marines, Rye Barcott and Dan McCready had plenty of experience performing under pressure, but neither had much knowledge about the high stakes world of investing and finance. That didn’t stop them from leaving their well-paying day jobs to start their own firm. Launched in 2013, Double Time Capital invests in utility-scale solar farms in […]
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Labor’s push to grow renewable energy
LABOR is pledging today to make Australia the energy capital of Asia with a massive renewal of its commitment to renewable power sources. In a direct challenge to the Coalition’s coal-based political campaign, Labor would relegate fossil fuels to a secondary power sources. And it is calling on Prime Minister Malcolm Turnbull to join a […]
Tesla Powerwall cuts annual energy bill by 92% | finder.com.au
Quarterly power costs have plunged to just $44.68. Australia’s first Tesla Powerwall owners have reduced their costs by more than $2,100 in the past 12 months, saving 92.2% on their annual energy bill and now pay just 50 cents per day to power their home. The Pfitzner family, Tesla’s inaugural Aussie customers, paid just $178.71 […]
PM to beat blackouts with mansion solar panels
PRIME Minister Malcolm Turnbull is making his harbourside mansion blackout-proof — by installing hi-tech new batteries to store energy generated by his rooftop solar panels. Late last year, Mr Turnbull installed lithium-ion batteries at his home to store power generated by a series of rooftop solar panels, which were recently upgraded. The PM’s office confirmed […]
OPEC’s Top Producer Is Turning to Wind and Solar Power
The nation most identified with its massive oil reserves is turning to wind and solar to generate power at home and help extend the life of its crucial crude franchise. Starting this year, Saudi Arabia plans to develop almost 10 gigawatts of renewable energy by 2023, starting with wind and solar plants in its vast […]
Solar battery installations grow as power bills tumble
Solar batteries the likes of Tesla’s Powerwall have exploded in popularity, reveals the first nationwide audit, lowering electricity bills by as much as 90%. Consultancy firm Sunwiz audited solar manufacturers, wholesalers and photovoltaic (PV) retailers, and found more than 6500 Australian households installed a solar battery in 2016 – a 13-time increase on the year […]
‘Payback will commonly take about five years in some states’
POWER prices are on their way up so it is time to follow the Prime Minister’s lead and install solar panels on your roof? Details of Malcolm Turnbull’s heavy-duty solar set up were revealed on Monday, after an eventful week where South Australia lost power and NSW residents also came very close to forced outages […]
The future of solar power technology is bright
While our recent look at residential solar may lead you to believe harnessing that power is a newer initiative, humans have been exploiting solar energy for thousands of years to heat their homes, cook, and produce hot water. Some of the earliest written references to technology consciously designed to capture the Sun’s rays come from […]
Solar Applications You May Be Using Soon
Imagine a drone navigating to your doorstep, delivering a microwave oven you recently ordered online—simple. Today’s technology has enabled such a transaction to occur fairly seamlessly, yet innovation hasn’t stopped there. These same drones are now capable of operating via solar power, commanded by a distant satellite in space harnessing solar rays, all the while […]
Solar energy gift for civic body main building – Times of India
AURANGABAD: Relief is on the cards for the cash-strapped civic body as the authorities have decided to make use of solar energy in place of conventional sources. The Aurangabad Municipal Corporation (AMC) plans to install rooftop solar panels at its main administrative buildings. An investment of Rs 53.32 lakh will be allotted for the work, […]