Indian firm acquires American hydrogen cylinder maker in bid to further market domination
New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it positions itself for a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.
Australia’s top dairy processor signs 10-year renewable power purchasing deal
Australia’s largest dairy processor, Saputo Dairy Australia, has signed a 10 year power purchasing agreement with French-owned power company Engie to reduce its emissions through renewably sourced electricity.
Hydrogen plant in SA would already return millions in profit, research finds
A hydrogen production plant in South Australia would already be profitable, analysis from Cornwall Insight Australia has found.
CEFC loan enables industrial property developments with ‘potential to revolutionise energy use’
International developer Frasers Property Group, which owns Australian-based Frasers Property Australia, has secured a $300 million sustainability linked loan with $75 million provided by the Australian government. The loan will see innovative clean energy technologies installed two Australian industrial projects in New South Wales and Victoria.
WA green hydrogen project grows from 1 GW to 8 GW, following commitment from French powerhouse
Province Resources has signed a Memorandum of Understanding with French giant Total Eren, which could see the two companies have equal shares in Province’s HyEnergy Zero Carbon Hydrogen project proposed in northwest Western Australia. Importantly, the ambition of the project seems to have grown significantly with the commitment of heavy hitter, Total Eren, with Province now saying it plans to install 8 GW of renewable energy capacity, far more than the 1 GW which caused a stir when it was announced earlier this year.
The manufacturing multiplier of BZE’s Renewable Energy Industrial Precincts
Business synergies, employment opportunities, leadership in decarbonising world markets. BZE has the ear of the Prime Minister, and research to inspire a statement of intent for renewable-energy-powered, competitive Australian manufacturing.
Hunter Valley coal void moves closer to filling with pumped hydro
AGL is transforming its operations in a number of ways, from restructuring the company itself, to building energy storage facilities for flexible distribution of renewable energy into the future.
SA’s $1.08 billion deal with the Feds to produce more gas!
Australia’s most renewable state has signed a joint funding deal with the Commonwealth Government that hypes gas production, and downplays its considerable renewable-energy benefits.
Sunday read: Strong growth ahead for storage
Annual battery storage installations will exceed 10 GW/28 GWh in 2021, following a particularly strong year in 2020, despite the challenges created by the global pandemic, writes IHS Markit analyst Mike Longson. Combined solar and storage will be a core focus for new deployment in 2021, as the front-of-the-meter and behind-the-meter energy storage markets are both expected to grow significantly in the months ahead.
Saturday read: China’s push for decarbonisation
The carbon market is finally a reality in China. After 10 years of delays, regional pilot schemes and general uncertainty, China’s national carbon market became a reality on Feb. 1, 2021. Over time, the scheme is expected to support China’s gradual shift away from coal toward more solar and wind in power generation.
