Strategic Alliances

Australian maritime hydrogen company Poseidon Marine H2 says it expects to have a hydrogen-powered boat in Australian waters within the next 18 months after bringing on board the principal engineers from Dynamic Efficiency.

Fortescue Future Industries’ plans to establish a 2GW renewable energy infrastructure-manufacturing facility and a separate 50,000 tonne green hydrogen production facility in Queensland have reached a major milestone with state-owned network operator Powerlink agreeing to connect the project sites to its transmission network.

Adani Group and the Canada-based PEM fuel cell producer will examine various options to cooperate, including potential collaboration for hydrogen fuel cell manufacturing in India.

A cohort of 25 New South Wales councils has signed a renewable energy supply deal worth an estimated $180 million that will see the local government associations supplied with electricity sourced from three of the state’s large-scale solar farms.

Australian technology company Lavo’s innovative energy storage system – based on storing green hydrogen in a patented metal hydride – has attracted the attention of the UK government which has provided financial backing to allow for a demonstration facility to be installed in England’s northwest.

India and Australia have signed a letter of intent to cooperate on scaling up the manufacture and deployment of ultra-low-cost solar and “clean” hydrogen.

Queensland will soon be home to two solar recycling and materials recovery plants after Solar Recovery Corporation announced its partnership with La Mia Energia, an Italian consortium which has developed a panel recycling process it claims can recover up to 99% of raw materials. The partnering companies are planning to expand across Australia in the next two years.

The Australian arm of UK-based global fund manager Octopus Group has announced it will partner with Indigenous communities on plans for renewable energy projects it says could attract investments of as much as $50 billion over the next decade.

The Australian government’s green bank has announced the launch of its first specialist fund manager as it looks to increase the amount of investment capital available for clean energy start-ups that can help achieve net zero emissions.

Two of Australia’s most prominent energy players, Fortescue Future Industries and oil and gas giant Woodside Energy have been included on a shortlist of potential development partners for a proposed 600MW green hydrogen production and export facility planned for New Zealand’s South Island.