Hydrogen has been touted as the fuel of the future, and the technology features prominently in the Morrison government’s plan to reach net-zero emissions by 2050.

International oil giant Shell is set to acquire Australian energy retailer Powershop after partnering with Sydney-headquartered investment manager Infrastructure Capital Group in a $729 million deal which will see the consortium purchase all of Meridian Energy’s Australian assets.

The New South Wales Government is expecting the state’s green hydrogen industry to boom after the legislation underpinning its Hydrogen Strategy was approved by the parliament, unlocking up to $3 billion in government incentives to rapidly increase the scale and competitiveness of the industry.

The owner of the 100 MW Merredin Solar Farm in Western Australia has confirmed it will look to accelerate its roll out of renewable energy projects in the Asia-Pacific region after raising more than $34 million in Series A financing.

Researchers at the University of Queensland will conduct an international trial to assess if the spare battery capacity in electric vehicles could be used to accelerate the rollout of renewable energy, support the electricity network, and potentially power homes in the future.

In a major milestone for New South Wales, green hydrogen is now being injected into the state’s gas network for the first time with energy infrastructure company Jemena confirming its $15 million Western Sydney Green Hydrogen Hub has started making the zero-emissions fuel available for home, business and transport use.

South Australia’s nascent green hydrogen industry has attracted financial support from the Japanese Government which has awarded funding to the Marubeni Corporation which is planning to export the zero-emissions fuel produced using large-scale wind and solar energy in the state to the Indo-Pacific region.

Australian property investor and developer Cbus Property has revealed plans to clad a $1 billion commercial office tower being developed in Melbourne’s CBD with a ‘solar skin’ capable of generating 20% of the project’s base building electricity requirements.

Fotowatio Renewable Ventures’ Australian platform has shifted its attentions to across the ditch, teaming with one of New Zealand’s largest energy providers in a joint venture which will develop up to 500 MW of solar PV capacity over the next five years.

The companies that own and operate the Basslink undersea power cable linking Tasmania and Victoria have entered voluntary administration amid a legal dispute with the Tasmania government over an outage that occurred six years ago.