Australia shares clean energy research with the U.S.

Australia’s Clean Energy Council (CEC) and the American Council on Renewable Energy (ACORE) have formalised a partnership aimed at sharing information and research on clean energy in Australia and the United States.

The partnership aims to share expertise and information on policy, finance and other market drivers for the benefit of both markets.

“This new partnership between Australia and the US demonstrates both the global significance of the Australian renewable energy industry and the strategic importance of the relationship between the two countries,” CEC Chief Executive David Green said.

Australia’s investment in renewable energy grew 40 per cent in 2012 to $6.2 billion. In the US, the capacity to generate renewable energy nearly doubled to 85.7 gigawatts over the four years to 2012.

“Considering the growing success of clean energy in both the United States and Australia, our nations will greatly benefit from a strong collaboration on how to improve the policies and finance mechanisms that bring sustainable energy technologies to scale,” said Admiral Dennis McGinn, ACORE President and Chief Executive.

The Australian Trade Commission (Austrade) and legal firm Baker & McKenzie have partnered with ACORE in a week of clean energy leadership roundtables recently in Australia. The roundtables, a series of meetings organised by Austrade and Baker & McKenzie, connected US financiers, developers and manufacturers, including Citigroup, IBM and Lockheed Martin, with key Australian corporations, industry experts and government contacts. A session with Minister for Resources and Energy Martin Ferguson concluded the week.

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