Energy giant’s $2.06 billion loss labelled a ‘Titanic’ failure
Australia’s largest energy retailer AGL has blamed an “extremely challenging market” prompted in part by the ongoing penetration of renewables, including rooftop solar PV, after reporting a $2.06 billion full-year net loss.
Calcium-antimony liquid metal battery to be commercialised by US company
Ambri has secured US$144 million ( AU$195 million) to commercialise its calcium-antimony liquid metal battery chemistry and open manufacturing facilities to deliver projects in 2023 and beyond.
‘Good portion’ of NSW’s bus fleet to run on hydrogen as state launches collaboration platform
As Australia’s most populace state, New South Wales, prepares to put out its hydrogen strategy roadmap later this year, the state is planning to use hydrogen to power its public transport fleets and will soon launch a digital collaboration portal.
Melbourne energy management company attracts funding for commercialisation
Melbourne-based company carbontrack has secured $877,000 in funding to accelerate the commercialisation of its energy management technology. The funding comes in part from industry and in part from the federal government.
Victorian council to pass solar system’s savings on to community group
Mildura Rural City Council will install a solar system with up to 99 kW of capacity at its Mildura South Regional Sporting Precinct, which is currently under construction. A spokesperson for Mildura Council told pv magazine Australia 50% of the system’s savings will be provided to a local group to deliver its ongoing sustainability programs for the community.
The trillions spent by G20 nations on fossil fuels from 2015 to 2019 could have paid for more than 4 TW of solar
Polluting energy sources received more than $3 trillion from the EU and 19 of the world’s largest national economies over that four-year period, despite G20 members having pledged to phase-out fossil fuel subsidy and address climate change back in 2009.
‘Stick-on’ solar panels in France secure EU funding
The TotalEnergies-controlled solar manufacturer will secure an, as yet undetermined chunk of a new €118.6 million low-carbon innovation fund to start producing its frameless, glass-free solar roofing products at Porcelette, in northeastern France.
Australia’s first lithium-ion battery manufacturing facility attracts additional federal funding
Australia’s first lithium-ion battery manufacturer, Energy Renaissance, has received a half million dollar grant to develop its pilot manufacturing facility in the state’s Hunter region.
China to add 619 GW of solar this decade
Indonesia will catch the eye too over the next nine years, according to Wood Mackenzie analysts, as its market grows from 300 MW to 8.5 GW.
ARENA provides $2 million to help biggest industrial emitters green supply chains
The Australian Renewable Energy Agency will provide $2 million to ClimateWorks Australia for the next phase of the Australian Industry Energy Transitions Initiative, which is aims to support some of the country’s biggest companies to decarbonise.
