Volvo reveals Australian-made plans for electric trucks
Swedish truck and bus manufacturer Volvo Group has confirmed it will begin building heavy-duty electric trucks in Australia next year after announcing what it says is the largest order to date for battery-electric trucks in this country.
Pacific Energy completes $2 billion funding raise to boost growth plans
Queensland-based investor QIC’s remote and off-grid power specialist Pacific Energy has successfully completed an almost $2 billion refinancing and equity raise that will bankroll the Western Australian company’s growth plans.
Kite Magnetics nets $3.6 million to scale up production of EV tech
Victorian startup Kite Magnetics has secured a $3.6 million investment from one of the world’s biggest producers of battery-grade lithium chemicals to scale up production of a patented nanocrystalline magnetic material designed to improve the performance of electric motors and generators.
Potentia celebrates delivery of 93 MW Girgarre solar project
Potentia Energy, the recently renamed joint venture between Italy’s Enel Green Power and Japan’s Inpex, has announced the successful delivery of the 93 MW Girgarre Solar Farm in Victoria.
NSW government throws weight behind first urban renewable energy zone
EnergyCo and New South Wales government representatives have given impetus to the proposed Illawarra renewable energy zone, tipped to be the state’s first urban REZ, and setting a benchmark for future clean energy collaborations.
Risen secures grid connection approval for New South Wales battery project
China-headquartered solar panel supplier and solar farm developer Risen Energy Australia has received approval to connect it’s proposed 100 MW / 400 MWh Coleambally battery storage system to the grid.
Kaluza acquires Australian energy software specialist Beige Technologies
United Kingdom-headquartered energy software platform Kaluza has acquired Melbourne-based technology company Beige Technologies’s boosting platform capabilities for energy suppliers to the commercial and industrial sector.
Hitachi Energy to power New Zealand grid project’s second stage
Japan-headquartered technology company Hitachi Energy is supplying static synchronous compensators to the second stage of a grid transformation project on New Zealand’s North Island.
Sicona signs $15 million licensing agreement with Indian chemical giant
New South Wales-based battery materials specialist Sicona has signed a $15 million licensing agreement with Indian chemical conglomerate Himadri to accelerate the global commercialisation of its flagship silicon carbon anode material.
US private equity giant targets Australia, UK with renewables platform
United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.
