Legal

The board of Australian lithium developer Liontown Resources has backed a refreshed $6.6 billion (USD 4.3 billion) bid from US company Albemarle Corp., the world’s largest lithium producer. Since then, Liontown has seen a massive spike in trading, with speculation about it being linked to Australia’s richest person.

SunCable’s sale to Mike Cannon-Brookes’ Grok Ventures has today been completed, with the company flagging new project elements, including a subsea cable manufacturing and testing facility, as well as reiterating its vision of delivering bulk energy to Singapore via undersea cables.

Smart meter reform recommendations have been handed down by the Australian Energy Market Commission, which advised accelerating the national rollout and introducing a mandate for customers to have free access to their real-time data. Reaching 100% penetration by 2030 would provide $507 million (USD 328 million) net benefit value to the NEM, the Commission’s review found.

A Brisbane-based man pled guilty to a scheme where solar installations were certified while the signed supervisor was, at the time, overseas.

Tesla has filed a lawsuit in a United States federal court against Australian energy technology company Cap-XX alleging its supercapacitors infringe two U.S. patents owned by Maxwell Technologies, a subsidiary of the EV and battery manufacturing giant.

In two to three years, the number of DER control devices plugged into Australia’s national grid are predicted to hit critical mass, bringing with it the potential for wide-scale ramifications in the event of a successful cyberattack. The second in a two part series, pv magazine Australia outlines what the consequences could involve.

Australia’s world-leading uptake of distributed energy resources introduces potential new entry points to the grid, ushering in a legion of complex and novel cybersecurity considerations. The first in a two-part series, pv magazine Australia talks to experts about at what’s being done in this rapidly evolving landscape and where vulnerabilities lay.

The changing hands of Australia’s biggest ‘gentailers’ continues, with Mike Cannon-Brookes’ Grok Ventures reducing its stake in AGL, while Macquarie is reportedly in talks to acquire up to a 50% stake in EnergyAustralia.

French renewables developer Neoen has won a 197 MW / 4-hour duration storage contract with AEMO. The contract pertains to the Collie big battery in WA’s south west, with Stage 1 to be operating commercially by October 2024.

The insolvency of a major Australian solar recycler has highlighted the complexity of remodelling a linear-thinking industry and society into a circular one, reports pv magazine Australia’s Bella Peacock.