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Sustainable Communities Fund boosted to $90,000
Pacific Hydro’s Sustainable Communities Fund for the Portland/Cape Bridgewater community openstoday(15/4/2009)and,with the inclusion of the Cape Nelson South Wind Farm this year, has a poolof $90,000 available to community groups and organisations working in the local area
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Renewable energy to deliver jobs boom
Australia’s leading renewable energy company, Pacific Hydro, says that thousands of new jobs will be created once the Federal Government’s 20% Renewable Energy Target is in place. Pacific Hydro calls on the Federal Parliament to pass this important legislation as soon as possible to ensure industry can begin investing and creating jobs in the industries of the future.
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$1million Clements Gap Community Fund launched
With construction of the 57MW Clements Gap wind farm nearing completion, leading Australian renewable energy company Pacific Hydro has launched the Clements Gap Sustainable Communities Fund which will provide over $1 million in grants to community groups over the life of the project.
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White Paper Confirms Critical Role of RET in Reducing Emissions (36KB)
The release today of the Federal Government’s White Paper detailing the design of the Carbon Pollution Reduction Scheme (CPRS) confirms the critical role that renewable energy will play in Australia’s transition to cleaner energy generation and emissions reductions, said Pacific Hydro.
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A change is coming to Port Fairy (PDF 40k)
Thanks to a Pacific Hydro Sustainable Communities Fund grant the ‘See Change in Port Fairy’ campaign has received a boost of $10,000 alongside 10 other community groups and organisations surrounding the Codrington and Yambuk Wind Farms.
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Garnaut fails to deliver certainty to the renewable energy industry (PDF 40k)
The final Garnaut Review handed down today identifies Australia’s opportunity to take advantage of its significant energy resources to reduce carbon emissions by 2050, yet its approach to the expanded National Renewable Energy Target (NRET) fails to deliver investor certainty to the renewable energy industry.
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Renewable Energy – A Crucial Weapon in Climate Change Battle
The Productivity Commission, in a report released yesterday, has underestimated both the challenge we face in dealing with climate change and the immediate action required in the stationary energy sector to begin transitioning to a cleaner economy. The Commission has recommended the discontinuation of industry development measures such as the 20% Mandatory Renewable Energy Target (MRET).
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Pacific Hydro’s Sustainable Communities Fund opened today (May 5) with a call for applications from organisations working in the Ararat Rural City.
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Yarra Trams has introduced Melbourne’s first wind-powered tram in partnership with leading Australian renewable energy company Pacific Hydro and Victoria’s primary agency on climate change, Sustainability Victoria.
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Two of Australia’s leading greenhouse gas emission reduction project developers and consultants, Pacific Hydro and SMEC (Snowy Mountains Engineering Corporation), today announced they had joined forces to create a carbon services Joint Venture called Perenia.
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Sustainable Communities Fund: Call for Applications (PDF 44k)
Leading Australian renewable energy company Pacific Hydro today announced the second round of its Sustainable Communities Fund for the Portland and Cape Bridgewater area was open and called for applications from local community groups and organisations.
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Get ready for renewable energy boom says Pacific Hydro (PDF 42k)
Leading Australian renewable energy company, Pacific Hydro, today announced it had signed a deal with India’s largest wind generator manufacturer, Suzlon Energy Limited (SEL) for 27x 2.1 megawatt (MW) wind generators for the Company’s first South Australian wind farm at Clements Gap.
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Pacific Hydro and BHP Billiton sign agreement to develop renewables in Chile (PDF 23kb)
BHP Billiton and Pacific Hydro announced a key strategic agreement to develop one or more wind farms in Region, I and II in Chile, with an installed capacity of over 100 MW, generating clean and renewable energy for BHP Billiton and Chile.
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Portland Communities Fund Recipients Announced (PDF 43kb)
Successful applicants in the inaugural Pacific Hydro Sustainable Communities Fund for the Portland/Cape Bridgewater community were formally acknowledged in a ceremony at the Portland Library (on Monday November 12).nt Mechanism (CDM) component of the Kyoto Protocol is driving investment in clean energy infrastructure while reducing emissions.
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20% renewable target will be met ahead of schedule (PDF 43kb)
Following claims that meeting a 20% renewable energy target by 2020 is unrealistic, leading Australian renewable energy company Pacific Hydro today said this was exactly the policy framework that will release over $12 billion in wind energy investment alone that has been delayed due to a lack of Federal policy and that it was more likely that the target would be met ahead of schedule.
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Kyoto reducing emissions in developing countries (PDF 40kb)
Leading Australian renewable energy company Pacific Hydro says its overseas hydro-electric power stations are proof that the Clean Development Mechanism (CDM) component of the Kyoto Protocol is driving investment in clean energy infrastructure while reducing emissions.
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“A step in the right direction" is how leading Australian renewable energy company, Pacific Hydro, described yesterday’s announcement from the Federal Government for a clean energy target.
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Leading Australian renewable energy company, Pacific Hydro today announced that strong community and local government support had encouraged the submission of a planning application for the Crowlands Wind Farm. Following State Government notification, the planning application will now be on statutory display for six weeks.
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As APEC leaders meet a poll just released from independent think tank the Lowy Institute ranks Australians’ concern over climate change above concern for international terrorism and confirms that renewable energy is the most convincing way to reduce carbon emissions from electricity production.
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Australia’s leading renewable energy company, Pacific Hydro, today announced it had finalised a significant windmill purchase agreement for Stage III of its Portland Wind Energy Project (PWEP) in Victoria. Along with this agreement, the Company has committed a further $110 million for Stage III bringing total investment in the PWEP to over $300million all of which has been driven by the State’s Renewable Energy Target.
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$1 billion investment in Chile driven by carbon trading (PDF 41k)
Australia’s leading renewable energy company, Pacific Hydro, along with its joint venture partner in Chile, SN Power, has successfully registered the 155MW run-of-river La Higuera hydroelectric project with VROM, the Dutch designated national authority, opening the way for the sale of Certified Emission Reductions (CERs), commonly known as carbon credits, into the European Union.
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IPCC report asserts important role of renewables (PDF 49k)
Following the release of the latest IPCC report, Australia’s leading renewable energy company, Pacific Hydro, today urged all Australian Governments to take decisive and immediate action on climate change and provide a clear policy framework for reducing carbon emissions.
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Pacific Hydro urges WA Government to adopt Taskforce recommendations (PDF 40k)
Australia’s leading renewable energy company, Pacific Hydro, today urged the West Australian Government to adopt the recommendations of its Greenhouse and Energy Taskforce by taking advantage of the state’s renewable resources which would slow the growth of greenhouse emissions from the state without halting its growth.
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20% Clean Energy Target Welcomed by Pacific Hydro
Australia’s leading renewable energy company, Pacific Hydro, today welcomed the announcement by Premier Bracks to increase renewable energy in Victoria to 20% by 2020 if re-elected on November 25.
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Portland Wind Farm Ready to Start Construction if VRET Retained
Australia’s leading renewable energy company, Pacific Hydro today announced that it had received final development approval for Stage II of its Portland Wind Energy Project (PWEP) from the Victorian Government and that if the Victorian Renewable Energy Target (VRET) remained in place it would start construction in December this year.
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Stern Review: a Call to Action
Leading global renewable energy company, Pacific Hydro Pty Ltd, welcomes the overnight release in London of the Stern Review on the economics of climate change. The review once and for all lays to rest the myth that taking action to address climate change is bad for the economy. It clearly demonstrates that taking strong action now is the cheapest option and that if left unchecked the economic impacts of climate change could cut global GDP by 20% or more.
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Sustainable Communities Fund inaugural cheque presentations (PDF 41k)
Pacific Hydro will make the first payments to local recipients under its ground breaking Sustainable Communities Fund at a reception being held today at the Victoria Hotel, Port Fairy.
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Pacific Hydro’s 3 megawatt (MW) Nagado hydroelectric project in Fiji was officially opened today by the Fijian Minister for Works and Energy. The project adds to the already operating 6.5MW Wanikasou hydroelectric project and together they will have greenhouse gas savings of 25,000 tonnes per annum.
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Ararat Community Fund recipients announced (PDF 10k)
Pacific Hydro made the first payments to local recipients under its ground breaking Sustainable Communities Fund at a reception held today at the Rural City of Ararat council chambers. Launched in late 2005 the Fund is a long term commitment by Pacific Hydro to make annual payments to organisations within the local communities in which it operates.
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Hidroelectrica La Higuera, a 50/50 joint venture company with Pacific Hydro Limited and Statkraft Norfund Power Invest, has successfully registered the 155 MW run of river La Higuera project with the Clean Development Mechanism (CDM) Executive Board, the mandated authority of the Conference of the Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC).
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Pacific Hydro Launches Wind Farm Community Fund (PDF 16k)
The Sustainable Communities Fund will provide financial support to organisations and individuals that are working to make a positive and lasting contribution to their communities. Funding for the initiative is sourced as a percentage of revenue from existing wind farms and will be made available every year for as long as the project is operating.
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Financial Close of US$270 Million La Higuera Hydro Project (PDF 17k)
Australia’s leading renewable energy company, Pacific Hydro, announced yesterday that it had achieved financial close for the 155 megawatt (MW), La Higuera Hydro development in Chile. The project has been developed by Pacific Hydro and its joint venture partner, Norwegian based energy company, Stratkraft Norfund Power Invest (SN Power).
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State Based Renewable Energy Target (PDF 16k)
Australia’s leading renewable energy company, Pacific Hydro, welcomes today’s announcement by Victorian Premier Steve Bracks that they will look to introduce a state based scheme to increase the uptake of renewable energy.
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Australia’s leading renewable energy company, Pacific Hydro, announced today that its Fijian joint venture, Sustainable Energy Limited (SEL), is set to participate in the multibillion dollar European Emissions Trading scheme having received Clean Development Mechanism (CDM) registration for its two Fijian hydro electric power projects. This is just the 25th project in the world to achieve CDM registration.
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