Strategic Alliances

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.

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”.

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.

The Indian government has created a strong balance between industrial policy as well as trade policy, which provides companies like First Solar an ideal opportunity to establish their manufacturing facilities in India, according to First Solar chief executive officer Mark Widmar.

Global hydrogen vehicle maker Hyzon Motors Inc. has confirmed five of its ultra-heavy-duty hydrogen trucks will be used by Korea Zinc’s subsidiary Ark Energy in its Queensland operations from as early as next year.

A couple of years ago Central Queensland, at the heart of coal country and the nexus of manufacturing opportunity, became a beacon to energy advisory firm Energy Estate and international renewables developer RES. Moah Creek Renewable Energy Project, the first stage of their gigawatt-scale firmed renewable energy project is about to be introduced to the community.

Sydney-founded battery company Gelion Technolgies today announced its partnership with lead-acid battery manufacturer Battery Energy Power Solutions. The news reflects a significant adjustment of the company’s battery design and business strategy, which is seeking to leverage industry shifts.

Two hydrogen platforms have launched in Australia to connect hydrogen producers with consumers, ultimately trying to catalyse projects and the industry more broadly. The first, NERA’s HyCapability, maps hydrogen capability across Australia, while the other focuses on New South Wales and the developments of its hydrogen hubs.

Imperatives meet opportunity. Corporate and utility goals for sustainability are driving a new group of investors to pick up the Australian renewable-energy resource and run with it. A new PwC report outlines how the new investor-developer partnerships could work.

Australia-based Fortescue Future Industries has partnered with JSW Energy arm on green hydrogen production and application in India.