AEMO reveals new roadmap for rapid switch to renewables
The Australian Energy Market Operator has declared approximately $12.7 billion of investment in new transmission lines should begin “as urgently as possible” to accelerate the transition to renewable energy and energy storage, replace exiting coal-fired power plants, and deliver a more efficient and effective grid in eastern and south-eastern Australia.
Aussie company’s ‘zero carbon’ lithium project tantalises European markets
ASX-listed company Vulcan Energy announced a $76 million equity investment from one of the globe’s top five automakers, Stellantis, which owns brands like Peugeot, Citroen, Fiat, Chrysler and Opel. The deal, Vulcan managing director Francis Wedin told pv magazine Australia is one of number in the works as the European market clambers to secure not just lithium, but sustainably produced lithium, from the Aussie company. Wedin explains precisely how the company’s novel lithium extraction method works and why it finally affords properly green credentials a vital battery resource.
New V2G chargers progress Flinders University’s ‘virtual battery’ vision
South Australia’s Flinders University has installed 20 vehicle-to-grid (V2G) chargers to fully utilise the battery capacity of its growing electric vehicle fleet. It plans to use the distributed EV fleet to supply power to the campus grid in the evening. The initiative is supported by $350,000 (USD 220,000) of funding from the state government.
ReNu’s first ‘tangible’ hydrogen project announced for Tasmania
A green hydrogen production facility planned for Brighton, Tasmania, is progressing with its developer, Countrywide Renewable Hydrogen, owned by ReNu Energy, announcing it has an option to lease its identified site and has drawn up a term sheet with a local contractor.
Rio Tinto joins industrial heavyweights in green hydrogen fund raise
Rio Tinto has joined a group of industrial heavyweights including Equinor, Amazon and Mitsubishi Heavy Industries as investors in United States-based renewable hydrogen start-up Electric Hydrogen which plans to build green hydrogen production facilities at scale for industrial and infrastructure applications.
CS Energy unveils plans for Queensland’s biggest battery
Queensland government-owned generator CS Energy has announced plans to build the largest grid-scale battery in the state at Greenbank in Brisbane’s outer southern suburbs. The 200 MW/400 MWh project will be delivered in partnership with Queensland network operator Powerlink.
VivoPower Australian subsidiary scores largest solar contract to date
United States-based solar power developer VivoPower International has secured its largest solar contract to date with Australian subsidiary J.A. Martin Electrical appointed to complete the electrical works for the 204 MWdc Edenvale Solar Farm being developed on Queensland’s Western Downs.
Evergen eyes international market after sealing $15 million FRV-X deal
Australian solar and battery optimization technology provider Evergen will seek to accelerate its expansion in both the domestic and international markets after closing a $15 million fundraising round led by FRV-X, a division of Saudi-owned energy developer Fotowatio Renewable Ventures.
Energy Estate targets $500 million to accelerate renewables growth
Australian renewables developer Energy Estate is seeking to raise more than $500 million to support its development activities and bankroll the construction of renewable power plants in both Australia and New Zealand.
Qantas partners with Airbus on sustainable fuels, Aviation H2 acquires hydrogen test engines
In aviation news, Qantas has announced a partnership with Airbus to invest up to $285 million to establish a sustainable aviation fuel industry in Australia. Meanwhile, startup Aviation H2 says it is in the process of acquiring test engines it will modify to run on hydrogen, which are due to arrive in the next five weeks.
