US solar industry on track to install 250 GW in five years
According to the United States Solar Market Insight Q3 2024 report, in the two years since passage of the Inflation Reduction Act the solar industry has added 75 GW of new capacity to the grid, representing more than 36% of all solar capacity built in nation’s history.
New added renewables capacity tipped to exceed 7 GW in 2024
New data from the Clean Energy Regulator shows Australia is on course to add more than 7 GW of renewable energy generation capacity this year, almost double what was previously anticipated.
Perth miner lands $243 million US government grant
Australian manganese miner Element 25 has been granted $243 million by the United States government to support the development of a refining facility that will transform the metal into a battery-grade product.
$50 million funding to boost clean energy supply chain
The Australian government will in November open applications for a $50 million funding program that is to support the development of more diverse solar PV, hydrogen electrolyser and battery supply chains in the Indo-Pacific region.
Work packages awarded for 48 GWh pumped hydro project
Queensland Hydro has announced more than $190 million in work packages linked to the construction of the 2 GW / 48 GWh Borumba pumped hydro energy storage project being developed near Gympie in the state’s southeast.
WA battery recycling specialist to scale up UK ambitions
Australian battery recycling startup Renewable Metals intends to expand by a factor of 10 a demonstration-scale lithium battery recycling plant being developed in the United Kingdom after raising $8.1 million in a seed extension round.
Push for vehicle-to-grid capabilities to accelerate in Canberra
Acceleration of vehicle-to-grid capabilities where electric vehicles become mobile power banks is one of a host of strategies set to receive federal supports under a Renewable Energy Transformation Agreement signed between the Australian and Capital Territory governments.
Novel silicon-based fuel stack to drive energy efficiency via solar supply chain
The Clean Energy Finance Corporation has backed a hydrogen fuel cell developer $10.4 million to support an innovative form of technology using silicon-based bipolar plates.
Telstra inks offtake deal for 200 MW NSW solar project
Telecommunications giant Telstra has added to its renewable energy portfolio, signing up to offtake power from a 200 MW solar farm being built in New South Wales by the Australian arm of Global Power Generation, a subsidiary of Spanish utility Naturgy Energy Group.
Allegro to ramp up flow battery capacity after closing $17.5 million funding round
Australian redox flow battery developer Allegro Energy aims to “rapidly accelerate” its manufacturing capacity after closing a $17.5 million funding round that attracted major domestic and international investors.
