Daily update: Sungevity hires APG founder, prepares attack on retail market

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Daily update: Sungevity hires APG founder, prepares attack on retail market

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Renew Economy editor@reneweconomy.com.au via mail15.atl111.rsgsv.net

3:18 PM (6 minutes ago)

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Sungevity hires APG founder, prepares attack on retail market; NSW shire turns to rooftop solar to offset soaring power costs; First Solar sets new solar cell efficiency world record; Macquarie extends renewables reach with stake in US wind farm; Coal generation, electricity demand rebound after carbon price dumped; How much “easy PV” could Japan build?; and France unveils $US13.4bn energy plan to focus on renewables, efficiency.
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RenewEconomy Daily News
The Parkinson Report
Sungevity has hired the founder and former chief of Australian Power and Gas, hoping he can replicate that success by making it the biggest solar player in Australia, and then use new storage products to attack the dominance of the incumbent energy retailers.
Warrumbungle Shire will install rooftop solar panels on 80-100 of its council buildings to offset increased electricity costs proposed for public lighting.
US thin-film giant First Solar achieves 21% efficiency in cadmium telluride solar cell – a new world record that ranks CdTe up with silicon-based PV cells.
Macquarie Infrastructure Group buys $11.5m stake in Idaho Wind Partners, extending its aggregate power generating capacity to around 96MW.
The carbon price repeal has immediate impact – causing demand and coal generation to rise. Meanwhile, ramped gas and rampant solar keep push electricity prices in Queensland to new lows.
Japan’s solar PV success following its introduction of a  feed-in tariff for solar power raises a question, how much “easy PV” could be installed?
Tax credits and low-interest loans will be used to generate about €10 billion ($13.4 billion) for a new energy plan in France.

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