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 and Vulcan Energy are looking at the potential for lithium mining at a site near Rome.
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.
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.
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.
A campaign to ban fossil fuel advertising and sponsorships has launched in Australia supported by a number of healthcare and environmental groups.
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.
The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.
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.
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.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.