Foton, BOC to collaborate on scaling Australia’s hydrogen bus sector
Vehicle manufacturer Foton and gas company BOC have signed an agreement to develop the hydrogen bus sector in Australia and New Zealand, allowing technology they say is already “widely used” around the world to become affordable in a region where it is still nascent.
Goldman Sachs invests $250 million in Hydrostor to advance compressed air energy storage projects
The investment is planned to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.
Enphase acquires ClipperCreek to enter the EV charging market
The completed acquisition of ClipperCreek launches Enphase Energy into the fast-growing market for electric vehicle charging systems.
Korea Zinc invests in gravity storage developer Energy Vault
Korea Zinc, non-ferrous metal smelting company, has agreed to invest $50 million in Energy Vault, a Switzerland-based gravity storage specialist, in order to use its tech to decarbonise its refining and smelting operations in Australia.
Cash for Christmas – Spark Infrastructure sale finalised in $5.2b all-cash transaction
Following approval from the Foreign Investment Review Board in November, the long-awaited sale of grid-operator Spark Infrastructure to a North American consortium led by private equity giant Kohlberg Kravis Roberts has been completed via a $5.2 billion “all-cash transaction”.
Photon offloads solar farm to focus on ‘solar-hydro’ technology in Australia
Netherlands-based renewables developer Photon Energy has reaffirmed its commitment to Australian tech company RayGen Resources’ innovative ‘solar-hydro’ technology, offloading its majority stake in the 160 MWdc Maryvale Solar Farm so it can focus its future development activities in Australia on large-scale projects featuring the solar-plus-storage technology.
Novel government strategy makes solar and wind monitoring data public for first time
In an unconventional bid to attract large-scale renewable developments, the Queensland government has organised for usually highly confidential solar and wind monitoring data to be made public for the first time through Fulcrum 3D’s technology platforms.
PepsiCo Australia makes switch to 100% renewables with new PPAs
The Australian arm of United States-based multinational food and beverage corporation PepsiCo has made the switch to 100% renewable electricity after partnering with Engie and the owners of the 10 MW Northam Solar Farm in Western Australia’s wheatbelt region to access power purchase agreements.
Hydrogen powered freight trains? Police cars? Queensland goes all out
The Queensland government will explore whether hydrogen fuel cells can be used for heavy freight trains, preceding that news with the launch of what is believed to be the first hydrogen powered police car in the southern hemisphere.
AGL links with Fortescue to flip NSW coal generators to green hydrogen
Two of Australia’s most prominent energy players, AGL Energy and Fortescue Future Industries, today announced plans to repurpose infrastructure at AGL’s Hunter Valley coal stations to turn them into green hydrogen hubs.
