While the Australian dollar is facing a bit of a hard time at the moment and putting pressure on import prices, we have also come to realize the great potential our country has for solar power – with or without subsidies. SMA has put more money into R&D and coming out with some great technologies, possibly even this year. The Obama Government has released its climate action plan and is pushing for more renewable energy. We have also released an article giving you a few tips on how to reduce your electricity bill as well as how to make the most out of our solar power system.
With the Australian dollar dropping to around USD92 cents, analysts’ are saying it will only drop further. The days of our exceptionally strong dollar are over for now. Naturally, this is going to push some of our import prices up, including the price of solar panels and components. Even with solar manufacturer’s wafer thin profit margins, we are seeing companies pouring more money into research and development and with technology growing at such a rapid rate, the results are speaking for themselves. SMA, one of the world’s largest solar inverter manufacturer’s, is releasing a combine battery inverter that will help store solar power for night time use. Click here to read the full article.
With the close of the world’s biggest solar trade exhibition, our experts are saying how lucky we are as a country. Not only do we have huge solar potential, but we are in a good position in other ways too. While our government policy on clean energy may not be as supportive as other countries, we have a good economy and solar incentives. Our incentives benefit the every-day person, not just big solar farms, and we have the right to consume the power that we produce. May seem simple but other countries do not have that same right. Installing a solar power system here in Australia is a financially viable option, a smart decision, regardless of subsidies. Click here to read the full article.
President Obama released ‘The President’s Climate Action Plan’ this week and is pushing more renewables. In his first term as president, Obama doubled the amount of renewable energy and now he wants to double it again before 2020. He has ordered 10 gigawatts of new renewable energy permits to be given on federal land as well as 100 megawatts of solar power to be put on government subsidies housing. They plan to reduce funding on overseas coal-fired stations and support high emission countries. President Obama has been praised for taking a brave and bold step forwards. Click here to read the full article.