Finance

A new report from Rocky Mountain Institute in the U.S. explores the need for companies to disclose information about greenhouse gas emissions throughout their supply chains, and the most effective ways to do this whilst ensuring consistency and comparability of collected data across multiple industries.

Perth-based Hazer Group has completed an $8.4 million share placement that will be used towards a project that will turn wastewater into green hydrogen and graphite using technology developed by the University of Western Australia.

Large energy consumers will be allowed into the wholesale market and paid for reducing their power usage at times of peak demand under a new rule that will be introduced next year.

In its formal bidder’s statement, Philipines UAC Energy has urged Infigen shareholders to accept its takeover bid of $0.80 a share, while Infigen remained adamant no action should be taken in relation to the “opportunistic” offer. Previously, the acquisition of another prominent renewables developer, Windlab, was greenlit in a landslide shareholder vote.

GFG Alliance head Sanjeev Gupta has announced a high-cost refurbishment plan for the Whyalla Steelworks in South Australia marking a major step towards his goal to power the plant with green hydrogen.

The Australian Competition Tribunal is currently hearing arguments on a proposed code that would apply to the ‘buy now pay later’ sales practices of solar panel and installations. It is being argued that the practices are a form of predatory lending.

An Ieefa report has suggested the cost of generating electricity from solar will be near zero in the world’s sunniest regions by 2030-40 – despite what the naysayers at the International Energy Agency might think.

The federal government has announced funding for a series of microgrid feasibility studies that will seek to unlock more secure, affordable, and reliable energy for regional and Indigenous communities.

More than $3 billion of renewable hydrogen projects are vying for funding from the Australian Renewable Energy Agency (ARENA) to build the first commercial-scale projects in the country.

The federal government’s new A$688 million HomeBuilder package might protect residential construction jobs but it’s a missed opportunity to deliver sustainability benefits that would save owners money in the long run.