Strategic Alliances

Australian start-up Novalith Technologies has raised $23 million to accelerate the development of its novel lithium extraction process that uses carbonated water in place of sulfuric acid to isolate and extract battery grade lithium from resource deposits.

Australian company Pure Hydrogen will showcase its ‘Taurus’ hydrogen fuel cell prime mover at the Brisbane Truck Show in May. The demonstration will be immediately followed by a trial at PepsiCo Australia, which will use the truck at one of its Brisbane manufacturing sites.

Australian mining and processing company IGO and billionaire Andrew Forrest’s Wyloo Metals will progress plans to build the nation’s first integrated battery material facility in Western Australia after the state government approved the allocation of land for the up to $1 billion project.

Green energy investment manager Quinbrook Infrastructure is spreading its reach into the “exploding” renewable fuels and biogas sectors with the acquisition of United States-headquartered developer PurposeEnergy which specialises in converting food and beverage residuals and wastewater into renewable energy.

Venture capital fund Macquarie Group’s new battery storage platform Eku Energy has been tapped by the Australian Capital Territory government to deliver the next stage of the Big Canberra Battery ‘ecosystem’ which will support the ongoing rollout of large-scale renewables and rooftop solar.

Canadian-headquartered clean energy firm Amp Energy has secured the rights to develop a green hydrogen project with up to 5 GW of electrolyser capacity on the Eyre Peninsula in South Australia. Amp has signed an agreement with iron ore miner Iron Road which owns the coastal site, including the Cape Hardy Port Precinct.

Seeking to commercialise hydrogen technology developed by the University of Western Australia, Perth-based Hazer Group has entered into a somewhat vague agreement with Japan’s Chubu Electric Power Company and engineering firm Chiyoda Corporation.

Australian renewable developer GMR Energy, formerly Maoneng, has started work on its 240 MW / 480 MWh battery project on Victoria’s Mornington Peninsula. The company has entered into an early works agreement with network AusNet, and is aiming to complete the $330 million (USD 220 million) by 2024, two years after the company had originally forecast.

Sun Cable’s troubled $30-plus billion (USD 20 billion) mega solar and storage project has received a welcome boost with resources company Tivan announcing it has penned a deal with the developer for the potential offtake of up to 300 MW of renewable electricity to support a planned critical minerals processing facility in the Northern Territory.

Canadian giant Brookfield, which is currently in the process of formally acquiring Origin Energy, has announced its partnership with little-known developer Greenleaf Renewables. The partnership, Brookfield said, will contribute to the 14 GW of renewable generation and storage it plans to build to decarbonise Origin.