Right now, there’s a global race underway. The goal: bring back manufacturing and energy jobs as the energy transition speeds up.
The Queensland government has entrenched the transformation of the state’s energy grid by passing laws locking in 80% renewable energy generation by 2035, a move it expects will create more than 100,000 new jobs in manufacturing, renewable energy generation, power transmission and industries of the future.
Development of an 800 mw / 9,600 MWh pumped hydro project within the New South Wales government’s Central-West Orana Renewable Energy Zone is advancing with renewables company Acen Australia announcing it has started geological works on site.
New Zealand battery technology company ArcActive is planning to establish a manufacturing plant in Australia within 18 months that will be capable of producing 30,000 lead acid-based residential energy storage systems per year.
Two major critical minerals projects in Queensland and South Australia are to receive hundreds of millions of dollars in federal government loans as the Commonwealth seeks to deliver the building blocks for a ‘future made in Australia.’
Renewables developer Vast Solar has inked key engineering contract as it pushes towards construction of a 30 MW concentrated solar thermal power plant with more than eight hours of energy storage capacity near Port Augusta in South Australia.
Ireland-headquartered smart energy company GridBeyond plans to expand its operations in “key market” Australia as part of a broader global growth strategy after securing more than $86 million in new funding.
A volunteer-based community group is using profits generated by commercial and industrial rooftop solar installations to help build a “bridge to the future” as the Illawarra region on the New South Wales south coast transitions its workforce into new employment.
The first access rights for up to 6 GW of new solar, wind and storage capacity in the Central-West Orana Renewable Energy Zone are now on offer as the New South Wales government continues to progress Australia’s first coordinated renewable energy zone to reality.
Combined rooftop solar capacity is now the second largest source of renewable electricity generation in Australia with new analysis showing that PV systems mounted atop the nation’s buildings provided more than 10% of the country’s power supply in 2023.
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