Mining company Neometals and Manikaran Power have started a jointly funded study into the feasibility of establishing India’s first lithium refinery, which would process ore from the Mount Marion mine in Western Australia.
Two Western Australian mines will be powered by renewable energy hybrid microgrids echoing a global shift away from fossil fuels in the mining sector.
As Australians seek to control rising energy costs and tackle the damaging impacts of climate change, rooftop solar has boomed. To manage the variability of rooftop solar – broadly, the “no power at night” problem – we will also see a rapid increase in battery storage.
The 25 MW / 50 MWh Tesla battery collocated with the 60 MW Gannawarra Solar Farm has been officially opened.
The South Korean battery manufacturer has joined forces with Victorian recycler Envirostream to develop processing solutions and reduce battery waste stream in Australia.
Japan’s J-Power will invest up to $25 million in the Sydney-based publicly listed renewables developer. The investment will underpin the construction of Genex’s landmark pumped hydro project in northern Queensland.
UNSW Sydney will start procuring all of its electricity from a NSW solar farm by next year and gradually expand onsite solar energy generation by 2022, as well as improve energy and water efficiency to reduce its environmental footprint.
The French renewables giant has reached financial close for the 256.5 MW Kiamal Solar Farm with the support of a group of Australian and European financial institutions. Additionally, Australia’s green bank Clean Energy Finance Corporation entered the project by taking a minority equity stake.
The Queensland government has launched a five-year plan to help drive the development of a renewable hydrogen industry and create more highly skilled jobs and export opportunities.
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
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