Queensland’s largest operating solar power plant, the 25MW Barcaldine Regional Community Solar Farm, has been bought by one of Europe’s leading solar infrastructure investment teams, Foresight Group.

Labor’s embrace of an emissions intensity scheme (EIS) and its decision to dump any specific renewable energy targets will almost certainly mean a significant jump in the amount of gas generation in Australia, and very little new wind and solar.

Australian bus manufacturer and logistics company Carbridge has announced plans to build a fleet of 40 new electric buses in partnership with Malaysian company Gemilang Coachworks and the Warren Buffet backed Chinese EV and battery maker, BYD.

Origin Energy CEO Frank Calabria has stressed the key role national emissions reduction targets will play in guiding the smooth transition of Australia’s energy market to low-carbon generation.