The German subsidiary of the Perth-based sodium chloride solid-state battery specialist is moving ahead with its plans to build a 120 MWh production plant in Germany. The project is expected to amount to about $267 million.
Australia’s solar rollout continues to reach new heights with a combined total of 4.7 GW of small- and large-scale PV installed across the country in 2024 but shifts in the rooftop market suggests diversification of services will be key for the nation’s installer community going forward.
Queensland-based electric vehicle charging infrastructure provider EVOS has stepped up expansion plans after reaching agreement with Japanese manufacturer FKK to produce its chargers for sale in Japan, Southeast Asia and other high-growth markets including India.
Renewables developer Lightsource BP is pushing ahead with the construction of the 450 MW Goulburn River Solar Farm in the New South Wales Upper Hunter region after striking a long-term offtake agreement with the operators of one of Australia’s major coal export terminals.
Renewable energy asset management outfit Omnidian has strengthened its presence in the Australian market with the acquisition of Queensland-based PV installer and service provider Solar Service Guys.
Global renewables developer Fotowatio Renewable Ventures has boosted its Australian portfolio with the acquisition of a 190 MW hybrid solar and battery energy storage project being constructed in central Victoria.
United States-headquartered energy storage solutions company Energy Vault has inked an agreement to purchase the 125 MW / 1,000 MWh Stoney Creek battery energy storage project from Victoria-based renewable energy developer Enervest.
Australia’s largest planned renewable energy zone has reached another milestone with the New South Wales government launching the search for a network operator to help deliver the New England REZ that is to provide at least 8 GW of new network capacity.
Electric vehicle sales in Australia are expected to accelerate rapidly in the next five years with modelling from charging infrastructure company Jet Charge showing that by 2030, 50% of all new cars sold will be electric.
Australian-owned Quinbrook Infrastructure Partners has completed financing for the Cleve Hill Solar Park in England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025.
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