SEC report highlights Top End’s potential, argues for CEFC-like fund
The release of the Future North report from the Smart Energy Council suggests Australia’s Top End region has firm potential to become a world-leading renewable economy, and urges for a North Queensland Development and Diversification Fund based on the successful model of the Clean Energy Finance Corporation.
Major projects on sale as three Lyon Solar companies enter liquidation
Creditors of Brisbane-based solar and storage developer Lyon Group have announced that three of Lyon Solar’s companies are now in liquidation after their directors failed to meet a deadline. Deloitte is now looking for buyers for the Companies’ projects.
US scientists create first rechargeable lithium-carbon dioxide battery
Researchers in Chicago have developed a world first fully rechargeable lithium-carbon dioxide battery, an achievement they claim could pave the way for the use of the greenhouse gas in advanced energy storage systems.
Commercial rooftops will lead renewables growth in the next five years
Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.
Western Australia iron ore mining hub to run on solar
On the back of a landmark agreement with Alinta Energy, Fortescue Metals will use solar power for up to 100% of its daytime energy needs at the Chichester Hub iron ore operation in the Pilbara region.
Yingli in talks with creditors over break up
The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.
Sonnen earns Australian Made label
Almost a year after the opening of its assembly and manufacturing facility at the site of the old Holden factory, German battery manufacturer Sonnen can now officially say its products are made in the land of kangaroos.
Zali Steggall to take Climate Change Bill to parliament
Warringah MP and defeater of Tony Abbott Zali Steggall is set to put a Climate Change Bill on the floor of parliament in early 2020 resembling the United Kingdom’s Climate Change Act. Such a bill from a cross-bench Independent might be the Parliamentary angle required for much-needed energy policy.
Technology Metals Australia receives grant for vanadium redox flow battery solutions
Technology Metals Australia has received a promising grant from the Australian Government for the development of its Gabanintha Vanadium Project. It is a small but sure sign of Vanadium’s strategic importance to the Australian economy when paired with renewable energy sources such as solar and wind.
Tesla’s all-electric ute verging on reality
Telsa CEO Elon Musk has continued to tease the upcoming November release of the company’s all-electric ute. In a tweet Musk suggested the design resembled an “armored personnel carrier”.
