New regulations expanding the remit of the Australian Renewable Energy Agency (ARENA) are a real positive for stimulating investment in a wider range of clean energy technologies. The regulations now mean that ARENA can provide financial support to priority low emission technologies identified under the Australian Government’s Technology Investment Roadmap. “The new regulations allow ARENA … Read more

Masdar joint venture reaches financial close and starts construction on Indonesia’s first utility-scale floating solar power plant

Financing for the project, Indonesia’s first floating solar power plant, was arranged through Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank. The 145-megawatt (ac) plant is being developed by PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), a joint venture between Masdar and PT PJBI, and is expected to begin commercial operation in … Read more

Governments must bring engineers to the table to combat climate change

Statement from Engineers Australia on the IPCC climate change study “The Intergovernmental Panel on Climate Change (IPCC) report presents a stark and accelerating risk to all communities, impacting the current and future work of engineers.” “The findings further confirm what engineers are already grappling with heightened risks to our built environment and communities. All countries … Read more