Australia is geologically equipped to become a battery critical-minerals hub but the nation is stumbling upon sticky structural issues. Sensitive diplomatic and trade ties, delicate forests and ecosystems, and a devotion to free markets and small government are among the major hurdles, writes Bella Peacock.
Australians have installed a record number of both heat pumps and rooftop solar system this quarter, according to Clean Energy Regulator. If Q4, typically solar’s biggest quarter, proves substantial, the nation could match its annual rooftop record of 3.2 GW set in 2021.
AGL and Australian battery recycling startup, Renewable Metals, have signed a deal to investigate the viability of building a lithium battery recycling facility at AGL’s envisioned Hunter Energy Hub, formally one of Australia’s most significant coal centres.
New South Wales was home to 13 of the top 20 performing solar farms in November, with the state generating 682 GWh from utility-scale PV. Overall, Australia’s large-scale renewable generation was up 7% from the previous November, Rystad’s Senior Renewables Analyst Dave Dixon said.
Air New Zealand has ordered an electric five-seat plane to initially use for cargo-only services, with the intention of offering passenger services in future. The company has options to buy two more of the electric planes, with rights reserved on a further 20.
A number of Australian critical minerals, including lithium, miners and refiners will likely be ineligible for IRA subsidies after the US government published its draft rules forbidding access to enterprises with over a 25% stake held by Chinese companies or “cumulatively” by Chinese investors.
A Queensland court has fined a subcontractor providing piling services at Columboola Solar Farm* $40,000 (USD 26,300) for failing to comply with a health and safety standards after an aerosol can explosion caused a metal bar to strike a worker.
Zen Energy has inked a six-year deal with Australian property fund manager ISPT to supply 14 different Queensland shopping centres and commercial properties with power from the 200 MW Blue Grass Solar Farm.
Origin shareholders have voted down the Brookfield-led takeover bid, likely ending what would have been one of Australia’s largest corporate buyouts. The failure of the deal concludes 18-months of bids by private capital to accelerate the sluggish transition of Australia’s two biggest ‘gentailers.’
Through a co-funding deal with Victoria’s newly revived SEC, Equis Development has reached financial close and begun construction on phase 1 of its giant 1.2 GW Melbourne Renewable Energy Hub. Plans for the hub, which includes gigawatt hours of storage, seem to have shifted somewhat, with phase 1 now three independent batteries of 200 MW with either two- or four-hours of storage.
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