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Markets & Policy

H2X to accelerate growth after landing US funding deal

Australian hydrogen technology startup H2X Global will accelerate the rollout of its hydrogen-powered vehicle range in both domestic and international markets after securing an $87 billion (USD 57 million) investment agreement with United States-based Verde Mobility.

First commercial gravity-based energy storage tower begins commissioning

Energy Vault has begun commissioning a 25 MW / 100 MWh energy storage tower adjacent to a wind power facility outside of Shanghai.

Ingeteam sells O&M division to RES Group

Ingeteam has sold its operation and maintenance (O&M) division to United Kingdom-based RES Group. It says the division’s 35 GW of O&M contracts throughout the world are valued at $58.55 billion (€35 billion).

State taps local companies to test out flow battery technology

Flow battery technology is under the microscope with the Queensland government committing $24 million (USD 15.83 million) to further evaluate and assess the capacity of the technology to support the next stage of the state’s battery capability and help meet its renewable energy targets.

Solar farm adds to King Island’s renewables solution

A permanent shift towards 100% renewable energy supply on Tasmania’s King Island is a step closer to realisation with the completion of a new 1.5 MW solar farm adding to the existing hybrid off-grid power system that services the island.

DAS Solar establishes Australian subsidiary

Chinese module manufacturer DAS Solar has launched an Australian subsidiary, an investment the company says reflects its confidence in the region’s solar market.

International energy giants look to kickstart new era in Australian manufacturing

Brookfield’s bold ambitions for Australia have reached a new level with the global asset manager inking an agreement with India-headquartered multinational Reliance Industries to explore the production of solar panels, long-duration battery storage, and other renewable energy equipment in Australia.

350 MW solar and storage project gets state tick of approval

Construction of the 350 MW Blind Creek solar farm and large-scale battery energy storage project planned for southeast New South Wales is set to begin next year with renewables developer Octopus Australia announcing the state government has now granted planning approval.

Vertical bifacial solar seeking greenhouse albedo and deployment space

A farmer in the United States has installed vertical bifacial solar, leveraging greenhouse albedo to increase output. The installation demonstrates promising generation during winter months, while maximising limited land space.

CETF counters long lead times with 200 MWh battery ‘hives’

Queensland-based investment platform Clean Energy Transfer Fund intends to circumvent lengthy lead times and major capital outlays associated with grid-scale renewables projects by deploying hundreds of sub 5 MW energy storage units throughout Australia to create coordinated battery ‘hives’ of up to 200 MWh each.

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