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Strategic Alliances

Umicore to purchase 42,000 tons of Australian lithium battery material

Belgian materials company Umicore has signed a contract with Australia headquartered Vulcan Energy Resources to purchase up to 42,000 tons of lithium hydroxide over a five year period beginning in 2025. The material will be used in Umicore’s production of cathode materials for lithium-ion cell manufacturers.

Solar farms prove to bee hives of economic activity

A new study from researchers at the universities of Lancaster and Reading in the UK has managed to quantify the economic boost provided by the symbiotic relationship between solar farms and honeybee hives.

Canadian fund Omers plans to acquire 49% of FRV Australia

Fotowatio Renewable Ventures’ (FRV) Australian platform includes 637 MW (DC) in projects already operational or under construction, and a pipeline comprising 7 GW of solar projects and 1.3 GWh of battery storage.

Saturday read: Powerful equation to expand C&I

Big rooftop PV systems on factories, warehouses and public buildings need not be limited by ownership issues nor local grid capacity, claims Australian innovator EleXsys Energy. The company is maxing out an Ikea in Adelaide, Australia, with solar and storage. And it claims its smart technology can allow the same to be done elsewhere.

Coles secures path to 100% renewable energy by 2025

Supermarket giant Coles will be 100% powered by renewable energy in less than four years’ time after the company announced the last of the power purchase agreements needed to meet the ambitious target were signed this week.

Octopus Energy, RES to invest in UK green hydrogen economy

Octopus Energy and RES have announced a new partnership under which they plan to invest GBP 3 billion (AU$5.5 billion) in the construction of green hydrogen plants throughout the United Kingdom by 2030.

EDF Renewables invests in Vietnamese PV rooftop market

The French energy group has invested an undisclosed sum in Vietnam’s SkyX Energy. The goal is to install 200 MWp of C&I PV rooftop capacity in the country.

Reliance Industries acquires 100% stake in REC Group, plans new manufacturing bases

India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.

‘Carbon negative’ hydrogen & ammonia hub plan partially unveiled for Bundaberg

Plans for a $400 million green hydrogen and ammonia hub in Bundaberg on Queensland’s coast were partially released on Tuesday, with Clean Holdings’ chief executive Ken Mathews telling pv magazine Australia another major project partner is to be announced shortly. As it stands, the project will use hydrogen technology from the newly minted CAC-H2 to gasify agricultural waste from the region and separate out the hydrogen in a process the company’s energy CEO described to pv magazine Australia as “greener than green”.

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How one chemical engineer is channeling Australia’s plentiful PV into hydrogen-derivative renewable fuels

Rose Amal arrived in Australia from Indonesia 38 years ago to study at UNSW. Now her leadership and research are contributing to a new sustainable economy for Australia and clean fuels for energy-hungry industries.

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