Strategic Alliances

Toyota Australia will transform its former manufacturing site in West Melbourne into a renewable energy hub to produce green hydrogen with the help of funding from the Australian Renewable Energy Agency (ARENA). In other hydrogen-related news, researchers at UNSW Sydney with partners H2Store have received a $3.5 million investment from Providence Asset Group to develop a hydrogen residential storage.

As the business case grows for corporates to take out power purchase agreements for renewable energy, and Australia’s renewable-projects pipeline expands, the country’s first ever marketplace has opened for buyers and developers to form perfect power couples.

In May 2018, oil giant Shell invested in German manufacturer Sonnen. Now the 112-year-old company wants to fully acquire the business, subject to Germany’s monopoly authorities. Sonnen said it hopes the deal will accelerate its growth by expanding its market reach and capacity.

There are only 147 of the endearing and vulnerable kākāpō left. New Zealand’s 100% renewable Meridian Energy is tapping national ingenuity to encourage romance between these large green parrots, boost awareness of their plight, and most importantly, grow their population.

Singapore-based solar developer Sunseap has taken a minority stake in Todae Solar, one of Australia’s largest solar commercial and industrial EPC companies.

Greenpeace operates a renewables-powered electricity retailer in Germany, in a Hamburg-based operation. It has proposed purchasing giant utility RWE’s coal power plants and replace them with 8.2 GW of wind and solar power plants. Approximately €7 billion will be invested in the new facilities, which could be built without subsidies – Greenpeace Energy claims.

In a joint effort with Kia Motors, Hyundai Motors is developing solar roofs and bodies for its EVs, hybrids and ICE vehicles to provide additional charging capacity. Depending on solar irradiation levels, the technology could provide 30-60% battery charge per day, the manufacturer says.

Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.

Looking to pursue utility-scale battery storage opportunities in Asia Pacific markets, the Australian renewable energy developer, the US-German joint venture and the Japanese joint venture have entered into a collaboration agreement, under which their first task will be to develop three integrated solar and storage projects in Australia, including what would be by far the world’s biggest battery.