Strategic Alliances

A distribution agreement between Europe-based Enermech and Wolftank Group will see mobile hydrogen refuelling stations installed at remote mine sites and industrial sectors across Australia and New Zealand.

Australian modular solar manufacturer 5B’s rapidly deployable Maverick technology is to be installed as part of a 95 MW hybrid power plant featuring solar, wind and battery energy storage. The plant will help power Liontown Resources’ Kathleen Valley Lithium Project being developed in the Goldfields region of Western Australia

Queensland government-owned CS Energy has inked its first 100% renewable energy contract in a move that the state government says highlights the accelerating transformation of the utility’s generation fleet from fossil-fuel fired power plants to renewable sources, including wind and solar.

Australian-headquartered solar data specialist Solcast has been acquired by Norwegian energy assurance and risk management company DNV as it seeks to strengthen its solar forecasting services to help maximise the value of PV power plants globally.

Japan’s largest oil company, Eneos, has opened a green hydrogen demonstration plant at Bulwer Island in Brisbane. While the scale of the project is relatively small, producing just 20 kilograms of green hydrogen a day, Eneos Senior Vice President Yuichiro Fujiyama says the company will expand the project’s scale “in near future.”

Commercial and industrial energy retailer SmartestEnergy Australia have signed a power purchasing agreement with Octopus Australia to offtake 25% of generation from its Darlington Point Solar Farm in New South Wales.

An Australian cleantech company that claims its technology could enable hydrogen production of below $1.50 per kilogram by the middle of the decade is one of four green fuel projects to share in more than $100 million (USD 78 million) funding awarded as part of a collaboration between the Australian and German governments.

Australian energy software provider Evergen will take its solar and battery optimisation technology to Japan after teaming with Japanese companies Sharing Energy and Sassor on a pilot project to explore how to best commercialise distributed energy resources, including rooftop solar and residential battery energy storage systems, in Japan.

A German startup led by European heavyweights and backed by major institutional capital continues its aggressive acquisitions strategy in Australia, taking a majority stake in Solaray Energy – its second major APAC buy following Natural Solar. Company 1Komma5 is seeking to consolidate Australia’s residential solar sector to become the largest provider of home renewable technologies, devoting $100 million (USD 70m) to “strategically” acquire a number of businesses here within the year.

With global demand for new energy storage soaring and nations and companies racing to secure battery metals supply chains, a series of major investments in Australia and Australian lithium mining companies is expected to accelerate the nation’s transformation into a critical minerals powerhouse.