BlueScope Steel, the country’s largest steelmaker, will partner with its local university in Wollongong and Future Fuels CRC to undertake a 13 month research project investigating options for decarbonising its operations at the Port Kembla Steelworks.
Oil and gas giant BP is reportedly set to take a 30% stake in the 26 GW Asian Renewable Energy Hub project proposed for Western Australia’s north coast.
The Greens are proposing to electrify an entire Australian town and a suburb in a major city, including providing electric vehicles for households, the party’s leader Adam Bandt has revealed. The proposed pilot, which would be enabled by a $235 million fund, was inspired by Australian Saul Griffith’s ‘electrify everything’ campaign.
Solar companies are reporting widespread staff shortages leading to false price points around the value of installers. Scott Mason, general manager of Platinum Solar Designs, says the shortages aren’t simply part of Australia’s broader skills scarcity, but rather are endemic to the solar industry and linked to a regulatory system which is pushing down the quality of installations.
Australian technology billionaire Mike Cannon-Brookes has become the single largest shareholder in AGL after Grok Ventures, the private investment company he owns with wife Annie, bought an 11.28% stake in the public company last night. The move appears to progress the billionaire’s plan to use the free market to force the decarbonisation of Australia’s biggest emitter from the inside out. In other words, the world’s largest single decarbonisation project is back on.
Global solar supply chain issues and the Chinese energy crisis which hit in the second half of last year have, ironically, led to a “massive” oversupply of solar panels in Australia, according to major distributors. The tension between increased global panel costs and the glut of them within Australia has led to some messy pricing and strange market dynamics on the ground.
Global investment manager Igneo Infrastructure Partners will acquire Elliot Green Power, along with its solar and storage portfolio, via its Australian business, Atmos Renewables.
Developer Renewable Energy Partners has announced plans for a 180 MW solar PV project, possibly with a battery storage system, in the Western Downs region of Queensland.
The amount of solar installers offering storage solutions grew considerably in 2021 and promises to surge again this year, according to an annual survey by EUPD Research. The research centre has also released the top three 2021 brands for solar modules, inverters and storage in the Australian market, offering insights into where companies are buying equipment and which segments are seeing the most growth.
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