Morrison commits $240 million to shore up critical minerals supply chain
The Australian Government has committed more than $240 million to critical minerals projects in a bid to end Australia’s reliance on China and cement its place in the rapidly growing global electric vehicle and battery markets.
Investment cycle means race is on to incentivise green hydrogen
A report published by IRENA hints the world’s politicians will have to get to work immediately to avoid another generation of fossil fuel-fired hydrogen, ammonia, and methanol plants being set up to run into the second half of the century.
Concentrating solar power with heat storage could compete with batteries
For short-term storage in a 100% renewables grid, thermal energy storage located at concentrating solar power plants could compete with batteries, found a study using an idealised grid model. Seasonal storage needs could best be met with power-to-gas-to-power technology.
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.
