Independent clean energy think tank Climate Energy Finance has called for a $20 billion Future Fund mandate to enable renewables-powered processing of green metals and for measures to accelerate investment in firmed renewable energy at scale.
The Australian government’s Capacity Investment Scheme Tender 3 has opened seeking 4 GW / 16 GWh of dispatchable capacity for the National Electricity Market, with Victoria receiving the largest slice of the pie with a 1 GW / 4 GWh allocation.
Australian energy gen-tailer Zen Energy is considering offshore opportunities, eyeing energy storage and green hydrogen projects in Taiwan and potentially other countries after securing a $43 million investment from Taipei-listed developer HD Renewable Energy Co.
Investment in large-scale renewable energy generation continues to trend upwards in Australia with more than 1.4 GW of new solar and wind projects, worth $3.3 billion, reaching financial commitment in the third quarter of 2024.
Battery storage platform Eku Energy has achieved another milestone in the development of its global energy storage portfolio, reaching financial close on the 250 MW / 500 MWh Williamsdale battery project to be built in the Australian Capital Territory.
Chinese manufacturing giant Trinasolar says it could be making panels in Australia as soon as 2027 as part of its joint-venture plans with Sydney-based PV innovator SunDrive Solar.
Battery technology company Livium’s recycling subsidiary Envirostream Australia has secured an $850,000 grant from the Western Australia government to develop a battery recycling facility in the state.
Renewable energy focused investment manager Quinbrook Infrastructure Partners has offloaded electricity retailer Energy Locals to a consortium led by Australian fund manager Palisade Impact.
Queensland-based energy tech company AnteoTech has secured almost $4 million in funding from the Australian Renewable Energy Agency to help fast-track the development of its silicon-dominant lithium-ion battery anode technology.
A Western Australian trio developing a novel ‘closed loop process’ for producing high purity alumina used in lithium-ion batteries has secured a $2.87 million grant from the Australian government.
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