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Markets & Policy

Budget tips $22.7 billion into Future Made in Australia initiative

The federal government will invest $22.7 billion in its Future Made in Australia initiative over the next decade to maximise the economic and industrial benefits of the international shift to net zero and support Australia to become a renewable energy superpower.

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Countrywide locks in government backing to help drive Hydrogen HyWay

Countrywide Hydrogen’s ambition to be the first major green hydrogen producer in Tasmania has received a boost with the state government announcing an $8 million funding package that would support the delivery of its ‘Hydrogen HyWay’ project.

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Siemens teams with Ampcontrol to deliver renewable energy tech solutions

Global industrial company Siemens has partnered with Australian energy solutions provider Ampcontrol to develop technology solutions for storage and grid applications for the Australian renewable energy market.

Plibersek approves 800 MW solar farm and big battery in Queensland

The Australian government has ticked off on a more than 1 GW solar farm and battery energy storage facility being developed in Queensland’s Southern Downs region.

ACEN inks deal for 400 MWh battery install at New England solar site

Utility-scale energy storage solutions provider Energy Vault has struck a deal with ACEN Australia to build two new battery energy storage systems totalling 400 MWh alongside the 720 MW New England Solar Farm being developed in northern New South Wales.

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New rules rolled out for Victoria’s solar industry

All new solar systems and home batteries installed under Victoria’s solar and battery rebate schemes will need to be fitted with an active internet connection to support emergency backup and flexible exports under new rules to come into play later this year.

WA commits $1 billion to fast-track state’s energy transition

The West Australian government has committed more than $1 billion to drive the development of the clean energy and major industrial projects it says are required for the state to become a “global clean energy powerhouse.”

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Weekend read: From Mumbai to Bondi

Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.

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Redback Technologies exits voluntary administration

Australian battery and inverter manufacturer Redback Technologies has exited voluntary administration and is now under the control of new owners Australia Ebon Group.

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RES acquires 320 MW management contract book to boost Australian presence

United Kingdon-based developer Renewable Energy Systems has expanded its presence in the Australian market with the acquisition of Windlab’s asset management portfolio, including the 60 MW Kennedy Energy Park in northern Queensland.

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