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Markets & Policy

Lodestone inks 20-year, 100% offset agreement with poultry giant Inghams

Aotearoa New Zealand grid-scale solar developer Lodestone Energy has partnered with leading poultry provider Inghams in a landmark 20-year agreement where energy from Lodestone’s North Island solar farms will 100% match Inghams electricity consumption.

Coca-Cola bottles 100% renewables target thanks to 1.2 million-panel solar farm

Coca-Cola has signed a virtual power purchase agreement brokered by France-headquartered energy company Engie, to source renewable energy and associated credits from the Wellington North Solar Farm in New South Wales.

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Work packages awarded for 48 GWh pumped hydro project

Queensland Hydro has announced more than $190 million in work packages linked to the construction of the 2 GW / 48 GWh Borumba pumped hydro energy storage project being developed near Gympie in the state’s southeast.

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Genex secures state-backed PPA for 750 MW solar project

Genex Power has struck an offtake agreement with Queensland government-owned energy giant Stanwell Corporation that will underpin the development of the 775 MW first stage of the Bulli Creek solar and battery project planned for the state’s southeast.

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WA battery recycling specialist to scale up UK ambitions

Australian battery recycling startup Renewable Metals intends to expand by a factor of 10 a demonstration-scale lithium battery recycling plant being developed in the United Kingdom after raising $8.1 million in a seed extension round.

COP29 to propose 1.5 TW energy storage target by 2030

This year’s UN Climate Change Conference could adopt a target to increase global energy storage capacity more than sixfold by 2030. To achieve this, the world would need to add more than 158 GW of energy-storage capacity annually.

IPC provides green light for NSW solar and storage project

Spanish-Japanese renewable energy company Univergy Solar and Australian partner New Energy Development have secured New South Wales government approval to build a 100 MW solar farm and 45 MW / 90 MWh battery energy storage system in the Yass Valley.

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Factory testing marks milestone for AVL value-adding vision

Australian Vanadium Limited has achieved another milestone in its ‘pit to battery’ strategy with the successful deployment of its vanadium electrolyte in a 78 kW / 220 kWh flow battery.

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New report highlights value of long-duration storage

State and federal governments are being urged to ramp up deployment of long-duration energy storage after a new report found significant capacity additions would result in 38% lower system costs than alternatives while playing a critical role in maintaining reliability as coal plants retire over the next decade.

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UQ tech captures PFAS chemicals for re-use in batteries

Researchers at the University of Queensland have developed technology to remove harmful synthetic fluorine-based chemicals from water in order to re-purpose them for use in batteries.

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