Solar heating and cooling Features for October 2009

Solar heating and cooling Features Archive

Australian renewable energy crisis as REC price dives

The Australian renewable energy industry faces a colossal threat of sudden extinction. Last week, the Renewable Energy Certificate (REC) price dived to AU$23 after spending recent months hovering at AU$38. This is well below the AU$50/REC enjoyed only four months ago, and poses severe problems for the renewable energy industry, writes Warwick Johnston of SunWiz consulting.