The federal government is increasing its investment in green hydrogen and low-emissions steel with $50 million in research and development funding to help progress the technologies as a new report warns that Australia must act quickly or risk being left behind in the race to become a renewable energy superpower.
Green energy investment manager Quinbrook Infrastructure is spreading its reach into the “exploding” renewable fuels and biogas sectors with the acquisition of United States-headquartered developer PurposeEnergy which specialises in converting food and beverage residuals and wastewater into renewable energy.
TrendForce has ranked the top six module manufacturers by shipment volume in 2022, with Longi topping the list, followed by Trina Solar and JinkoSolar. JA Solar, Canadian Solar, and Risen Energy rounded out the top six, in a year dominated by large-format modules.
Venture capital fund Macquarie Group’s new battery storage platform Eku Energy has been tapped by the Australian Capital Territory government to deliver the next stage of the Big Canberra Battery ‘ecosystem’ which will support the ongoing rollout of large-scale renewables and rooftop solar.
In a strongly-worded submission, two experts claim AEMO’s backbone interconnector proposed between Victoria and New South Wales is a “monumental mistake” and relies on analysis that is “biased, flawed and in parts dishonest.”
The Australian Energy Regulator has handed down its final decision on when electricity networks are permitted to impose zero export limits on rooftop solar systems. The answer: almost never.
South Australian technology company EntX has been granted a license to explore salt deposits along the western side of the Eyre Peninsula in South Australia for the purpose of hydrogen storage.
Canadian-headquartered clean energy firm Amp Energy has secured the rights to develop a green hydrogen project with up to 5 GW of electrolyser capacity on the Eyre Peninsula in South Australia. Amp has signed an agreement with iron ore miner Iron Road which owns the coastal site, including the Cape Hardy Port Precinct.
Tesla has revealed plans to build a new Megapack battery factory in Shanghai, according to the Xinhua news agency.
Australia federal Labor government has approved 11 new renewable energy and transmission projects in since the election in May 2022. There are currently another 95 renewable projects under assessment.
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