Redflow to build 20 MWh redox-flow battery in California
Australian redox-flow battery manufacturer Redflow will build one of the world’s largest zinc-based battery energy storage systems in the United States after inking a multi-million-dollar deal with the California Energy Commission.
Global investment in clean energy nearly doubles that of fossil fuels
For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.
‘Huge subsidy fest’: Australia has the critical materials, but can it compete in the manufacturing race?
A global race is underway to capture the manufacturing market for clean energy technologies. While lady lucky has certainly shone on Australia, competition is fierce, experts say.
Cannon-Brookes, Quinbrook consortium secures Sun Cable
A consortium led by tech billionaire Mike Cannon-Brookes’ Grok Ventures and including green energy investment manager Quinbrook Infrastructure Partners has been successful in acquiring the giant $35 billion Sun Cable renewable energy project.
IEA report reveals shift to clean energy accelerating
Solar has been described as the “star performer” by the International Energy Agency which has forecast that global investment in clean energy is on course to rise to $2.61 trillion (USD 1.7 trillion) in 2023, with spending on solar set to eclipse outlays on oil for the first time.
Funding confirmed for 3 GW green hydrogen project
Australia’s push to become a green hydrogen superpower has gained new momentum with the federal and Queensland governments teaming with consortium partners to deliver $117 million (USD 76 million) to progress a 3 GW renewable hydrogen project being developed near Gladstone on the central Queensland coast.
Widespread misreporting of NSW renewable energy zone cost ‘blowouts’ and delays
The numbers behind headlines of billion dollar cost blowouts and delays to New South Wales’ energy transformation appear foggy at best, with unexamined sources seemingly leading to widespread misreporting.
Six ACT companies awarded grants from innovation fund to commercialise promising tech
The ACT government has awarded over a million dollars to support the commercialisation of technologies from six upcoming renewable companies. Round three of the territory’s $12 million innovation fund includes support for a startup which has developed a 3D printer capable of printing electronics.
Australia and India establish hydrogen taskforce, deepen renewable ties
Australia and India will establish a Green Hydrogen Taskforce, with prime ministers today agreeing to the Taskforce’s terms of reference. The meeting strengthens ties between India and Australia in relation to renewable energy ambitions and manufacturing, with plans extending to critical mineral and solar manufacturing.
AEMO given $3 million to expedite grid connections for new renewables before next summer
Australia’s energy ministers have agreed to provide $3 million (USD 2 million) to the Australian Energy Market Operator (AEMO) to ensure new renewable projects are connect to the grid before next summer.
