Markets & Policy

On the company’s Q4 earnings call, the world-leading EV manufacturer again prioritised delivering cars over growing low-margin energy storage products, while solar products were barely noted. Both verticals grew though, solar by 68% and storage by 32%.

Once thought of in a niche sense, the solar-water nexus is a rapidly expanding network of applications. They include practical tools capable of solving persistent issues like water scarcity, as well as newly pressing issues like overcoming the water challenge of green hydrogen production. Blake Matich looks at such applications here in Australia and abroad.

Lavo’s hydrogen battery technology has found monetary support from both Australian and international investors in the last year, as well as public support which has continued this week with the announcement by the New South Wales government of $5 million in funding from the Regional Job Creation Fund to boost hydrogen manufacturing jobs in the Hunter Region.

Long thought of as adversaries to renewable energy, fossil fuel assets and infrastructure also present opportunities for solar, its green-hydrogen output, and smart energy storage. Natalie Filatoff reports on the opportunities and approaches the miners are taking.

Renewables have continued their rise in Australia’s energy market with a new report published by the Australian Energy Market Operator revealing grid-scale solar, wind, hydro and rooftop solar PV provided almost one-third of the National Electricity Market’s power needs during the December quarter.

Singapore’s trillion-dollar sovereign wealth fund GIC has made a “strategic” investment in renewables developer InterContinental Energy, one of the major players behind mega solar and wind-powered green hydrogen projects planned for Western Australia’s Pilbara and southeast regions.

Hydrogen vehicle and fuel cell startup H2X has partnered with Indian automotive parts manufacturer and developer Advik Hi-Tech in a deal which will see the Australian company’s products delivered into India and the wider international market.

Gold developer Calidus Resources has become the latest miner to decarbonise its Western Australian operations by installing a 19 MW hybrid solar PV-gas power system which in future could be up to a quarter fuelled by hydrogen.

The debate around what’s become known as Australia’s “solar tax” has rounded a new corner, with the Australian Energy Regulator publishing its draft guidelines for solar export tariffs.

Prospective hydrogen projects in the Northern Territory are taking new shape with Monday’s news that FRV Australia, partially owned by now Saudi company Fotowatio Renewable Ventures, had signed an agreement with Australia’s Hexagon Energy. It seems the two companies are considering connecting the hydrogen projects they’ve been separately exploring near Darwin, though it’s worth noting Hexagon is hoping to export blue (fossil) hydrogen.