WA lithium miner backs US giant’s $6.6 billion takeover bid, sparks unusual trading activity
The board of Australian lithium developer Liontown Resources has backed a refreshed $6.6 billion (USD 4.3 billion) bid from US company Albemarle Corp., the world’s largest lithium producer. Since then, Liontown has seen a massive spike in trading, with speculation about it being linked to Australia’s richest person.
WA, Indonesia strengthen ties around critical minerals
Western Australia has signed an agreement to bolster its relationship with Indonesia around critical minerals and clean energy manufacturing – with both regions among the world’s leading producers for particular minerals.
Commercial rooftops to be injected with 50 MW of solar, 300 MW of batteries in new C&I partnership
Industrial property giant ESR has signed a partnership deal with C&I solar company Solar Bay. The pair say it will see $500 million (USD 318 million) spent over the next decade to deliver up to 50 MW of solar, 300 MW of battery storage capacity and EV charging infrastructure.
Low-cost, ‘graphene-enhanced’ perovskite solar cells to be produced in funded Wagga Wagga project
Two Australian companies working in solar R&D have been awarded over $2 million (USD 1.3 million) for a project seeking to commercialise ultra-low-cost, flexible perovskite solar cell fabrication. The solar cells will be “graphene-enhanced” and are to be produced in Halocell’s Wagga Wagga plant in NSW.
New funding deal sees focus shift for Marinus Link
The initial capacity of the proposed Marinus Link transmission project, that would connect Tasmania and the Australian mainland via an undersea electricity interconnector, has been reduced by 50% as part of new funding arrangements announced by the federal and state governments.
Three major, Indigenous-led solar and storage projects announced for the NT in $1 billion investment plan
Desert Springs Octopus has announced three solar and storage projects between 150 MW and 10 MW for the Northern Territory which it will pursue in partnership with First Nations groups, the Larrakia Nation and Jawoyn Association.
CSIRO startup pursues hydrogen tech for heavy industry
Australia’s national science agency has teamed with corporate advisor RFC Ambrian to form a new company to commercialise electrolysis technology that the CSIRO said can produce hydrogen with 30% less electricity than existing alkaline and polymer electrolyte membrane technologies.
Genesis secures NZ sites for 400 MW of solar
Genesis Energy’s ambition to become New Zealand’s largest solar generator has gained momentum with the company announcing sites for three new projects with a combined 400 MW of renewable electricity capacity.
Brookfield teams with Envision on Australian renewable energy push
Brookfield Asset Management has inked a deal with Chinese multinational Envision Group to explore opportunities for manufacturing of clean energy equipment in Australia to support its plan to develop up to 14 GW of renewable generation and storage facilities in the country within the next decade.
Atmos adds 112 MW solar farm to renewables portfolio
Australian clean energy outfit Atmos Renewables has acquired the 112.5 MW Karadoc Solar Farm in northwest Victoria after striking a deal with German-headquartered renewable energy developer BayWa r.e..
