Gunvor battery revenue swap agreement boosts Akaysha’s portfolio over 1.6 GW
BlackRock-owned Australian battery storage company Akaysha Energy has entered a long-term offtake agreement or the 205 MW / 410 MWh Brendale BESS in Queensland with Swiss oil and gas giant Gunvor Group.
Pacific Green sells South Australian battery park for $460 million
British cleantech solutions company Pacific Green has inked a $460 million agreement to sell its 250 MW / 500 MWh Limestone Coast North battery energy park development to clean energy investor Intera Renewables.
VSPC eyes cathode powder global supply chain with $30 million ARENA grant
Queensland manufacturing company The Very Smart Particle Company has been granted $30 million non-recourse funding to commercialise a new process for manufacturing cathode powder used in lithium-ion batteries.
Local government solar and battery initiatives win federal funding
The Australian government has released $50 million to local governments across the country to co-fund energy efficiency and electrification upgrades in round one of its community energy upgrades fund.
Flow battery startup scores $1.85 million federal grant to scale to mass production
Newcastle based clean-tech company Allegro Energy has secured $1.85 million in federal government funding to help bring its redox flow battery technology to mass production.
NSW invests $1 billion to boost energy storage and infrastructure upgrades
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
$2.4 billion capital investment boosts clean energy developments in Q4 2024
The Clean Energy Q4 2024 report finds solar generation reaching financial commitment or commencing construction totalled 1,139 MW, and overall clean energy investment was at a record high.
Siltrax partners with UNSW to progress silicon-based bipolar plate research
Hydrogen fuel cell innovation company Siltrax has partnered with experts at the University of New South Wales hydrogen lab to validate its silicon-based bipolar plate technology.
Tax incentives for green hydrogen, critical minerals pass Senate
Billions of dollars in tax breaks for green hydrogen production and critical minerals processing are set to be unlocked from 2027 after a key pillar of the federal government’s Future Made in Australia plan was waved through the Senate.
Amp reaches financial close on South Australian battery
Canadian developer Amp Energy has achieved financial close on the first stage of its 250 MW / 500 MWh Bungama battery energy storage and 339 MW (dc) solar project being built near Port Pirie in South Australia.
