There are a large number of new solar and wind farms in the pipeline, plenty more ERF projects on the way, and a "surge in demand" for the certificates and credits they create, according to new data from the Clean Energy Regulator.
Shell has acquired a major Australian carbon offsets company, while Chevron is planning to partially power its Western Australian operations with renewable energy.
Fortescue today announced a new 60MW solar farm will power daytime activities at its Chichester iron ore hub, supplemented by electricity from an Alinta gas-fired power station.