WA company to partner with Mercedes-Benz, building carmaker’s first foray into battery recycling
German luxury carmaker Mercedes-Benz has made public its plans partner with Primobius, a 50:50 joint venture between West Australian company Neometals and Germany’s SMS Group. Mercedes has said its intention is to build a 2,500 tonne per year lithium-ion battery recycling plant in southern Germany with Primobius as its technology partner.
World has installed 1TW of solar capacity
The world has installed its first terawatt of hardware on earth to generate electricity directly from the sun.
Labor pledges $22m to establish Northern Australia’s first eco-industrial precinct
Federal Labor has promised to allocate $22 million to help establish the Lansdown Eco-Industrial Precinct being developed in northern Queensland if it wins the election in May.
‘Multibillion’ dollar solar, battery, hydrogen park to replace Gippsland coal attracts powerful superfund
A multibillion-dollar solar, battery storage, wind and potentially green hydrogen project in Victoria’s Gippsland region is moving forward after getting backing from superfund Hostplus. Originally proposed by Solis Renewable Energy, the project is now owned by Octopus Australia as part of its joint venture with CFEC.
India surpasses 50GW of solar
In the fourth quarter of 2021 alone, solar developers added 3.2GW of new PV installations in India.
World’s biggest solar-plus-battery project gets $210m funding boost
Sun Cable’s ambitious plans to build the world’s largest solar PV and battery energy storage project in Australia’s remote far north are a step closer to fruition after two of the nation’s richest men provided their backing for a $210 million capital raise.
Origin accelerates delivery of large-scale renewable energy strategy
Australia’s largest energy retailer Origin Energy has ramped up plans for the delivery of large-scale renewable energy projects as it prepares to replace the capacity set to be withdrawn from the grid with the impending closure of the nation’s biggest coal-fired power station.
5B and Zenith Energy partner up for mining industry solar deployment
Mine sites across Western Australia are decarbonising after Zenith Energy and modular solar pioneer 5B signed an Ecosystem Framework Agreement-Deployment, which will see 5Bs rapidly deployable Maverick solar systems installed along with battery energy storage systems at multiple mine sties.
Indian green hydrogen will cost $5/kg
Ratings agency ICRA has estimated Indian green hydrogen will cost that much if produced at sites featuring clean energy generation capacity and electrolysers. That is between US$0.5–$1 per kilogram cheaper than in locations where the two systems are not co-located, with the saving possible due to a reduction in open-access, intra-state grid charges.
Behind Taylor’s ‘weird’ decision that sparked Australia’s carbon credit drama
Over the weekend, Angus Taylor effectively handed over billions to carbon credit aggregation companies born of the increased price of Australia’s carbon credits – without any clear reasoning. This “weird” decision, as Bruce Mountain called it, stumped many but the Australia Institute told pv magazine Australia it’s just one of many moves the Morrison government has made to increase the supply of carbon credits and depress their price – a strategy which seems curiously misaligned with the scheme’s stated purpose of reducing emissions.
