MPower strikes panel, tracker supply deal with Trina Solar
Australia’s MPower has inked a supply deal with China-headquartered manufacturing giant Trina Solar that will support the ongoing rollout of the renewables developer’s portfolio of mid-scale solar power and battery energy storage projects.
Acciona, Stanwell ink offtake deal for 380 MW Aldoga Solar Farm
Stanwell Corporation has signed a long-term offtake agreement with Spanish renewable energy developer Acciona Energia to purchase 100% of the output from the proposed Aldoga Solar Farm to power a 3 GW green hydrogen project being developed near Gladstone on the central Queensland coast.
Powin and Hitachi Energy form strategic alliance for power control systems
Hitachi Energy will take majority ownership in eks Energy, a power electronics and energy management solutions provider.
Hysata to join Prime Minister in US to explore IRA opportunities
Leaders from Australian hydrogen startup Hysata are joining Prime Minister Anthony Albanese on his four-day visit to the US to meet President Joe Biden. Hysata is commercialising a hydrogen electrolysis breakthrough that claims to improve efficiency by 20%.
Traditional owners sign renewable energy deal with Rio Tinto
Traditional lands owners in Western Australia’s Pilbara region have signed an agreement with mining giant Rio Tinto to collaborate on large-scale renewable energy projects as the resources heavyweight powers up efforts to decarbonise its supply chain.
Preferred partners named for $593 million hydrogen project in Whyalla
Global gas and engineering giants ATCO and BOC Linde have been named preferred partners to deliver a $593 million (USD 374 million) hydrogen production, power plant and storage facility at Whyalla in South Australia.
Super fund teams with Birdwood to target smaller-scale solar and storage
Australian superannuation giant Aware Super has made a large-scale entry into the distributed renewable energy market, teaming with Melbourne-based Birdwood Energy in a venture specialising in smaller-scale solar and battery installations.
Industry groups set 2026 target for EU-US hydrogen trade
The US Department of Energy has allocated USD 7 billion ($11 billion) for seven Regional Clean Hydrogen Hubs (H2Hubs) to deploy commercial-scale clean hydrogen, while the Mission Possible Partnership, RMI, Systemiq, Power2X, and industry leaders have set up the Transatlantic Clean Hydrogen Trade Coalition (H2TC) to ship US clean hydrogen to Europe by 2026.
Massive lithium takeover deal collapses following Rinehart intervention
US giant Albemarle Corp. has withdrawn its $6.6 billion takeover bid for Australian lithium developer Liontown Resources after Gina Rinehart, via her company Hancock Prospecting, reportedly spent $1.3 billion raising its stake in Liontown to a commanding 19.9%.
ACE teams with Japanese player in 500 MW joint venture
Aspiring renewable energy developer ACE Power will partner with the clean energy arm of Japanese energy giant Osaka Gas to jointly develop a portfolio of Australian solar and battery projects with a total capacity of more than 500 MW.
