Strategic Alliances

Danish renewable energy developer European Energy has acquired a majority stake in a 3.6 GW integrated solar and battery energy storage facility and green hydrogen production plant being developed near Gladstone on the central Queensland coast.

A new player has entered the Australian renewable energy sector with New Zealand-based infrastructure investor Infratil confirming that its new majority-owned clean energy platform Mint Renewables will look at wind, solar and energy storage opportunities with an initial investment of $300 million (USD 203 million).

Queensland government-owned generator Stanwell Energy and Japan’s largest hydrogen supplier Iwatani Corporation are preparing to commence a Front-End Engineering Design study as they drive towards a final investment decision on a 3 GW green hydrogen project being developed near Gladstone on the central Queensland coast.

Australian modular solar manufacturer 5B has secured a $20 million (USD 13.7 million) investment from the venture arm of British energy giant bp which will allow it to accelerate the development of its preassembled and relocatable modular solar technology.

Moving with Australia’s Zeitgeist, Stuart Parry, managing director of Energy Storage Industries, is working to bring battery manufacturing onto Australian shores – and his approach is, if not novel, certainly well advanced. “It’s about being smart in how we do it,” Parry tells pv magazine Australia.

Chinese battery maker Hithium and Australian solar developer Sun Valley HK Group have agreed to work together on eight solar farms either under construction or in planning in Australia, presumably deploying Hithium batteries at the sites.

Australian technology start-up Infravision will team with New South Wales network operator Transgrid in a trial of a “next generation” line-monitoring system designed to optimise the performance of existing electrical transmission infrastructure and support the roll out of more renewable energy.

New South Wales network operator Ausgrid has signed an agreement with Simply Energy which will see the Melbourne-based energy retailer operate the electricity distribution company’s three community batteries in the National Energy Market.

South Korean steel producer Posco Group will invest $60 billion (USD 40b) in Australia by 2040 across the green steel supply chain, including in renewable generation, electrolysis and steel making processes.

Energy consultancy Xodus Group has announced plans to develop an export-scale green hydrogen project in the Mid-West region of Western Australia which will scale up to 1 GW of electrolyser capacity.