Hydrostor has penned a deal with Australian miner Perilya to build a 200 MW/1,600 MWh advanced compressed air energy storage facility in a disused mine cavity near Broken Hill in western New South Wales.

Vanadium explorers Technology Metals Australia and Australian Vanadium Limited will look to accelerate the development of the critical battery mineral in Western Australia after agreeing to a merger of their adjoining projects in the state’s mid-west.

Economic modelling published by independent think tank Beyond Zero Emissions shows that establishing clean industry hubs and servicing them through shared infrastructure such as transmission lines could save Australian taxpayers millions.

A new $10 million (USD 6.42 million) grants initiative that eliminates the need for Victorian companies that install solar panels, solar hot water systems and heat pumps at scale to apply for individual rebates is now open for expressions of interest.

Plans to develop a large-scale green hydrogen production and export facility at Port Bonython in South Australia have received a significant boost with the state and federal governments investing $100 million (USD 64.4 million) to develop infrastructure that will support the proposed $593 million project.

French renewable energy giant Neoen has been given the green light for another grid-scale battery in Australia with Tasmania’s Northern Midlands Council unanimously approving plans for a 280 MW/560 MWh battery energy storage system to be built in the island state’s mid-north.

The Australian Energy Market Commission has declared regulatory reform is required to maximise the benefits of the “record amounts” of household energy devices including rooftop solar systems and small-scale batteries that are connecting to the power grid.

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.

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.

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.