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Sydney ferry honours solar pioneer

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23 Jan, 2025

This post was originally published on Sustainability Matters

Sydney’s newest ferry has been named in honour of UNSW Sydney Scientia Professor Martin Green, a solar pioneer dubbed ‘the father of modern photovoltaics’.

Green is renowned for leading the development of the passivated emitter and rear cell (PERC), which has become the world’s most commercially viable and efficient silicon solar cell technology. Today, PERC technology is used in the production of more than 90% of the world’s solar energy.

The Martin Green ferry is the fourth of seven new Parramatta River Class vessels that will replace a fleet of 30-year-old RiverCats. Designed by Incat Crowthers in Sydney’s Northern Beaches and built by Richardson Devine Marine in Hobart, it has a 200-person capacity and uses 40% less fuel than the vessel it replaces. It will soon be put into public use on the F3 route between Circular Quay and Parramatta.

“I never imagined I would one day have a ferry named after me — what an incredible honour!” Green said.

“This recognition is not just personal; it’s a testament to the dedication of my team at UNSW Sydney who have been at the forefront of solar development for half a century. This year, Australia will generate more than 20% of its entire electricity supply from solar, and this figure will continue to grow rapidly.”

NSW Premier Chris Minns, who announced the ferry naming at an event in Sydney, said the new ferry represents the best in Australian engineering and will play a vital role in modernising the state’s public transport system. “With state-of-the-art technology, the Martin Green will help reduce emissions, improve fuel efficiency and provide a more comfortable journey for passengers on the F3 route,” he said.

“I take great pride in knowing that this ferry is designed and built in Australia,” Green said.

“It’s fulfilling to see such a magnificent and more sustainable vessel serving as transportation for thousands of people in our beautiful city every day. The Sydney to Parramatta route is one of my favourite ferry journeys, and I am thrilled to see a vessel bearing my name traverse this route daily,” he added.

“I note this ferry is futureproofed by allowing for conversion to electric propulsion. I eagerly await the day when the Sydney fleet is completely electric and fuelled by solar power, enhancing the sustainability and environmental friendliness of public transport in our city.”

Image caption: Scientia Professor Martin Green. Image courtesy of UNSW Sydney.

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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