David Carroll
Origin buyout faces hurdle as major investor ups stake
Brookfield’s plans to acquire Origin Energy face a potential snag with the energy company’s largest shareholder, AustralianSuper, saying the $18.7 billion (USD 12 billion) takeover deal offered by the Canadian investment giant “substantially” undervalues the business.
Australia needs net zero by 2035, not 2050
This year’s heightened drumbeat of extreme weather shows us how little time we actually have to slash emissions. It is now clear that going slow on cutting greenhouse gas emissions is much more expensive than taking action.
Natural hydrogen hopeful looks to space to accelerate ambitions
West Australian natural hydrogen startup H2EX will work with Adelaide-headquartered space exploration company Fleet Space Technologies to accelerate the discovery of naturally occurring hydrogen systems in South Australia’s Eyre Peninsula.
Renewables surge to record share in NEM
The share of renewables in Australia’s main electricity grid has reached a new high, with rooftop and grid-scale solar, wind and hydro combining to deliver more than 70% of the total underlying demand on Wednesday.
BHP signs renewable PPA for Queensland coal mines
Australia’s biggest coal miner has inked a major renewable energy deal that will utilise solar, wind and pumped hydro to provide about half the forecasted electricity demand of its central Queensland operations.
AGL awards demolition contact for Torrens Island gas power plant
One month after formally opening its first operational grid-scale battery at the Torrens Island power station site in South Australia, AGL has confirmed that next month it will begin demolishing the adjacent gas-fired Torrens ‘A’ power plant.
ClearVue next-gen ‘solar window’ powers through mass production run
Western Australian solar window company ClearVue Technologies says it has confirmed the scalability and “commercial viability” of its second-generation integrated glazing units after a mass production run using a standard manufacturing line at a factory in China.
New funding deal sees focus shift for Marinus Link
The initial capacity of the proposed Marinus Link transmission project, that would connect Tasmania and the Australian mainland via an undersea electricity interconnector, has been reduced by 50% as part of new funding arrangements announced by the federal and state governments.
Neoen targets 10 GW portfolio with multi-billion dollar spend
With more than 3 GW of large-scale solar, wind and battery storage capacity in operation or under construction, Neoen is already Australia’s biggest clean energy player but now the French developer is planning to triple its renewables capacity by 2030.
MPower starts building after purchase of 5 MW Narromine project completed
Construction is to commence immediately on a 5 MW solar project being developed at Narromine in western New South Wales as Australian renewable energy developer MPower’s continues to progress its mid-scale solar strategy.
