The Victorian government in Australia has confirmed plans to give a AU$ 0.30/kWh (US$0.23) payment to residential solar system owners that supply electricity to the grid during peak hours.
Northern Ireland-headquartered renewable energy firm DP Energy has received approval to develop a AU$680 million (US$519 million) major renewable energy park in South Australia involving wind and solar capacity.
Australia’s Victorian government has issued Green Bonds and raised AU$300 million (US$225 million) in order to finance various projects including a major renewable energy project.
The Victorian state government in Australia aims to fast-track connections to the grid for rooftop solar installations, under the impending National Electricity (Victoria) Further Amendment Bill 2015.
