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Labor’s renewable target much more ambitious than it seems – best bang-for-buck policy needed

Prime Minister Anthony Albanese this week gave his first major climate change speech, touting Australia’s future as a renewable superpower and promising Labor’s ambitious new renewable target would “unlock $52 billion of private sector investment.”

Enel & Australian company mull lithium mining in Italy

Enel and Vulcan Energy are looking at the potential for lithium mining at a site near Rome.

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There’s big money in recycling materials from solar panels

Recycling solar panels keeps them out of landfills, but also provides much-needed raw materials with Rystad Energy projecting a value approaching AU$118 billion (US$80 billion) by 2050.

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Australia & US sign energy agreements to mitigate China over-reliance, ensure supply chains cannot be weaponised

Speaking at the Sydney Energy Forum, leaders from Australia and the US have highlighted the importance of not only transitioning to renewables, but of ensuring the supply chains used to make the technologies do not remain as concentrated as they are today.

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GE turns to Australia for critical renewable materials

US giant General Electric (GE) has signed an agreement with Australia’s Arafura Resources, provisionally agreeing to offtake from the company’s flagship Nolans Project in the Northern Territory, which is aiming to become a major supplier of critical materials for wind turbines and electric vehicles.

‘Hypocrisy’: Australian drive to ban fossil fuel ads launched

A campaign to ban fossil fuel advertising and sponsorships has launched in Australia supported by a number of healthcare and environmental groups.

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Spanish giant plans $26 billion investment in Australian renewables following government change

Spanish energy and construction giant Acciona plans to massively expand its investment in Australian renewable projects over the next five years, following the new federal government’s pledge to upgrade national electricity transmission networks.

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Vietnamese government fears legal action from solar investors

The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.

Construction begins on South Korea’s largest PV project

South Korean utility Kepco is building a 200 MW solar park on a former salt farm. It said the project will be operational by June 2023.

Heat pumps ‘grossly underestimated’ technology for Australia’s decarbonisation

Interest and investment in heat pumps has surged in Europe, but in Australia the technology has struggled to find a serious foothold. Industrial heat pumps could reduce ‘hard to abate’ emissions here by 15 million tonnes per annum by 2050, according to new modelling from the Australian Alliance for Energy Productivity though. Despite the potential, dodgy technology suppliers and schemes gone awry have left a bad taste in Australia’s mouth, CEO Jarrod Leak tells pv magazine Australia.

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