Strategic Alliances

Fortescue has become a “lead investor” in, and signed a 1 GW supply deal with, US-startup Electric Hydrogen, or EH2. Fortescue, which is pursuing both green hydrogen projects and electrolyser manufacturing, says EH2’s systems produce hydrogen at “transformational” low cost.

Australian communications giant Telstra has signed a power purchase agreement that will support the development of the 120 MW Munna Solar Farm being built near Gympie in southeast Queensland.

Hydrostor has penned a deal with Australian miner Perilya to build a 200 MW/1,600 MWh advanced compressed air energy storage facility in a disused mine cavity near Broken Hill in western New South Wales.

Vanadium explorers Technology Metals Australia and Australian Vanadium Limited will look to accelerate the development of the critical battery mineral in Western Australia after agreeing to a merger of their adjoining projects in the state’s mid-west.

Economic modelling published by independent think tank Beyond Zero Emissions shows that establishing clean industry hubs and servicing them through shared infrastructure such as transmission lines could save Australian taxpayers millions.

Australia’s biggest coal miner has inked a major renewable energy deal that will utilise solar, wind and pumped hydro to provide about half the forecasted electricity demand of its central Queensland operations.

Startup accelerator EnergyLab is showcasing its 2023 cohort of promising climate tech startups this morning. Ahead of the launch, pv magazine Australia caught up with participants Energy Synapse and PowerPlay.

Brisbane-based flow battery company, Redflow, has inked $4.4 million a deal with the US Department of Defence to deliver a prototype microgrid at a New York state airbase, with up to 1.4 MWh of zinc-bromide battery storage.

Fortescue Future Industries (FFI), owned by mining giant Fortescue Metals, has submitted a proposal for a green hydrogen and ammonia production facility project in Canada’s British Columbia. Dubbed ‘Project Coyote’ the facility would be located in the city of Prince George in the centre of the Canadian province.

Japanese company IHI Corporation, which specialises in green ammonia technology to decarbonise industry, has joined the consortium of companies developing the green hydrogen hub HyNQ – North Queensland Clean Energy Project.