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Markets & Policy

New recycling deal revs up electric vehicle battery circular economy

Australian battery recycling company Envirostream, a subsidiary of Perth-headquartered advanced raw materials company Lithium Australia, has signed an exclusive recycling agreement with repurposed electric vehicle battery manufacturer Infinitev.

Australia on track to add 53 GW of renewable capacity by 2030: report

The International Energy Agency’s Renewables 2024 report has forecast Australia will add 53 GW of renewable capacity between 2024-2030, with a nearly 65% share being from a mix of utility, rooftop and green hydogen production solar.

4.99 MW Narromine solar farm ownership passes to Ampyr Distributed Energy

Australian renewable energy and battery storage development company MPower Group has sold its 4.99 MW Narromine renewable energy project in New South Wales to Singapore-based Ampyr Distributed Energy via conversion of project funding into equity in the project.

IEA forecasts over 4,000 GW of new solar by 2030

The International Energy Agency says renewables are on course to meet almost half of global electricity demand by 2030, with solar accounting for 80% of the growth in capacity.

Grid-scale battery manufacturer gets $3 million boost for electrolyte production

Grid-scale battery manufacturer Energy Storage Industries Asia Pacific has received a $3 million Queensland government investment to increase its production of iron flow battery electrolytes by 40 million litres per year.

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Proposed $9.9 billion deal passes world’s top lithium producer crown to Rio Tinto

London-headquartered resources company Rio Tinto is set to become the world’s largest lithium producer after announcing a $9.9 billion move to acquire Ireland-headquartered Arcadium Lithium.

Queensland solar panel recycling solution aims to scale-up nationwide

Brisbane-headquartered Pan Pacific Recycling has begun materials recovery from end-of-life solar panels as part of a Smart Energy Council stewardship pilot, which aims to fast track a repurposing solution for the rest of Australia’s mounting solar waste problem.

NZ to step up approvals process for large-scale PV projects

Ten large-scale solar farms planned for New Zealand’s North and South islands are among 22 renewable energy projects with a combined capacity of 3 GW that have been listed for inclusion in the government’s “one-stop shop” fast-track approvals process.

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GridBeyond backs financial benefits of community batteries

A 1 MW community-owned battery energy storage system could earn the operators up to $250,000 in revenue each year in Australia according to new analysis from Ireland-headquartered smart energy company GridBeyond.

Sinovoltaics tracks 78.8 GW solar module capacity in Southeast Asia

The latest supply chain map from Sinovoltaics tracks growth across Southeast Asia, with module capacity reaching 78.8 GW, and 58 production projects tracked.

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