Melbourne-based company Green Peak Energy has attracted the backing of one of the world’s largest investment firms, CBRE Investment Management. While deal’s details remain confidential, the Australian company, which focuses on operating renewable systems in the C&I segment and providing power purchasing agreements (PPAs), described the agreement as an endorsement of the problem it set out to solve.

German company sonnen, a wholly owned subsidiary of Shell, today launched a new residential battery storage system specifically developed for Australia and New Zealand. Chief Commercial Officer of sonnenGroup and Managing Director of sonnen Australia, Nathan Dunn, told pv magazine Australia its sonnenBatterie Evo is the culmination of a new approach and may go on to inform how its future products for global markets are developed.

Western Australia has become the second state to give network operators the capacity to remotely switch off residential solar systems as an emergency grid stability mechanism.

AGL has “broken ground” at Torrens Island power station in preparation for the construction of its 250 MW/250 MWh battery which has drawn interest for being the largest planned grid-forming battery in the world.

Geelong Port, one of Australia’s major ports southwest of Melbourne, today announced it will invest $100 million to establish a hydrogen hub in partnership with biomass gasification outfit CAC-H2.

As Australia, like much of the world, battles shortfalls in supply with solar module prices rising and Chinese companies’ stocks decreasing, the country’s only manufacturer, Tindo Solar, has opted to release emergency stocks. Likewise, Chinese giant Longi is working to guarantee supply for Australia, saying its vertical integration has afforded it extra security.

Queensland continues to attract massive hydrogen industry factories, with LAVO Hydrogen Technology today announcing it would establish a fuel cell manufacturing facility just south of Brisbane.

The Queensland government will put “at least” $10 million towards constructing a common-user facility to process vanadium from the state’s vast deposits, allowing multiple small mining operations to access the facility with the ambition of kickstarting downstream battery storage industries in the state.

Members of both the upper and lower houses of Parliament are moving to ban the importation of goods made with forced labour by introducing a bill which, if passed, would have profound repercussions for Australia’s solar industry.

Brisbane’s eleXsys Energy has won a government grant which will allow the company behind Australia’s largest grid-connected microgrid to build its manufacturing base here in Australia.