The federal government has followed the release of its first electric vehicle strategy with a flurry of funding commitments designed to drive an increase in the number of zero-emission cars on Australian roads and in turn decarbonise the nation’s transport system.
Australia’s first National Electric Vehicle Strategy, released this week, details the government’s long-awaited plans to accelerate the adoption of these vehicles.
Origin Energy will “within weeks” begin building the first stage of a planned 700 MW/2,800 MWh grid-connected battery energy storage system being developed at the site of Australia’s largest coal-fired power plant that is set to be shut down in less than 28 months.
Construction of the 400 MW Stubbo Solar Farm being built near Dubbo in the New South Wales central west is scheduled to start next month with developer ACEN Australia launching the tender process for a suite of works packages associated with the $800 million PV project.
Australian start-up Novalith Technologies has raised $23 million to accelerate the development of its novel lithium extraction process that uses carbonated water in place of sulfuric acid to isolate and extract battery grade lithium from resource deposits.
Australia’s transition to clean, renewable energy has reached a major milestone with AGL today commencing the process of shutting down the last of three coal-fired generating units still operating at its Liddell power station in New South Wales as it prepares to completely close the facility before the end of the month.
New Zealand’s large-scale solar market is set to shift up a gear with the government announcing two new projects with a combined generation capacity of more than 500 GWh per annum have been referred for fast-track consenting.
Energy and environment ministers from the Group of Seven nations have announced new targets for solar power and offshore wind capacity after vowing to drastically increase renewable energy development and accelerate the phase out of “unabated” fossil fuel use.
Australian mining and processing company IGO and billionaire Andrew Forrest’s Wyloo Metals will progress plans to build the nation’s first integrated battery material facility in Western Australia after the state government approved the allocation of land for the up to $1 billion project.
The federal government is increasing its investment in green hydrogen and low-emissions steel with $50 million in research and development funding to help progress the technologies as a new report warns that Australia must act quickly or risk being left behind in the race to become a renewable energy superpower.
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