Daily update: Solar leasing market in Australia could reach $100bn

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Daily update: Solar leasing market in Australia could reach $100bn

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Renew Economy editor@reneweconomy.com.au via mail78.atl71.mcdlv.net

1:56 PM (42 minutes ago)

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New player in solar leasing says Australian market could hit $100bn. Plus: Could Tasmania become Victoria’s green baseload generator?; Standard & Poor’s coal risk warning; Abengoa courts iron ore miner for solar tower plant project; Victoria’s small wind energy win; Carnegie Wave joins CSIRO wave energy study; why rooftop solar is no free rider; and affordable batteries – closer than we think.
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RenewEconomy Daily News
The Parkinson Report
New player in solar leasing says Australian market could reach $100 billion. It sees huge demand from businesses, as well as homes when battery storage becomes cost competitive in a few years, and it sees huge appetite from banks and super funds for an annuity style infrastructure investment.
Hydro Tasmania boss says the Apple Isle could provide 1,000MW of zero emission “baseload” power through wind and hydro, replacing one of big brown coal generators in Latrobe Valley.
Standard & Poor’s Ratings Services becomes latest market heavyweight to warn that coal assets will end up stranded in a carbon constrained world.
Abengoa looks to sign giant iron ore miner to support Australia’s first large scale solar tower power plant with molten salt storage.
Victorian planning law amendment marks small win for Australia’s wind energy industry. And in NSW, Maurice Newman has the wind put up him.
Carnegie Wave lends its technology and experience to ARENA-funded CSIRO wave power resource mapping and development project.
Research shows rooftop solar exports are higher than most estimates, which means most systems are paying network fees for well over half their generation.
The high storage costs are now rapidly falling, suggesting that the financial appeal of electric cars and stationary storage is set to keep increasing.

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