Fledgling renewables developer Larrakia Energy has reached an agreement with Australian resources company Tivan Limited to supply up to 10% of the output from a planned 300 MW solar farm being developed in the Northern Territory.

International metals group Korea Zinc’s Australian subsidiary Ark Energy has commenced construction of stage one of its first green hydrogen project that is to include a 1 MW electrolyser powered by the existing 124 MW Sun Metals Solar Farm in north Queensland.

United States solar and energy storage solutions manufacturer Bluetti has launched a modular 7,600 W lithium iron phosphate battery system for residential settings with a flexible energy storage capacity ranging from 9.9 kWh to 19.8 kWh.

In a major address, Australian Treasurer Jim Chalmers has today prioritised the need for a uniquely Australian response that “complements” but does not “copy” the United States’ landmark climate and energy policy, the ~$1 trillion Inflation Reduction Act (IRA).

The South Australian government is looking to fast-track the development of grid-scale battery energy storage systems across the state, launching a process that promises to provide successful projects with exemptions that could “significantly” improve project timelines.

The Brookfield-led consortium looking to acquire Origin Energy has come back with a “best and final” bid that values the company at approximately $20 billion (USD 12.85 billion). The offer comes just days after the energy utility’s largest shareholder rejected the previous bid.

Australian battery and renewable energy developer Akaysha Energy said construction of its 150 MW/300 MWh Ulinda Park big battery planned for Queensland’s Western Downs region will commence in the coming weeks with the company having now reached a final investment decision on the project.

Asset management company Sosteneo Infrastructure Partners has made its first foray into the Australian renewable energy market, purchasing the 185 MW/370 MWh Koorangie Energy Storage System in northern Victoria from Edify Energy.

Australian hydrogen technology company Star Scientific has inked an agreement to establish a joint research and manufacturing facility in the United States as it seeks to expand the market for its heat reaction technology that utilises renewable hydrogen to rapidly create heat for industrial applications.

Renewables records continue to tumble in Australia with data from GPE NEMLog revealing that rooftop solar reached a new maximum instantaneous high in the nation’s main grid on Sunday while pushing operation demand and solar curtailment to new lows.