News

Construction of an innovative solar to green hydrogen microgrid in the Daintree Rainforest is set to commence with the Federal Government signing off on a multi-million-dollar deal to bring renewable power to communities in the World Heritage-listed region in Far North Queensland.

Australian energy major AGL has rejected a second buyout offer from a consortium including software billionaire Mike Cannon-Brookes and Canada’s Brookfield Asset Management, saying it continued to undervalue the power producer.

We are living through uncertain times. Despite the urgency of the energy transition and the substantial and growing opportunities for new utility-scale (and larger) renewables developments, risks arise for owners, developers, lenders, investors and contractors.

Researchers from Australia’s Monash University have created a new generation of lithium-sulfur batteries that they say provides a cheaper, cleaner and faster-charging energy storage solution that outlasts lithium-ion alternatives and is rechargeable hundreds of times without failing.

Researchers in Saudi Arabia have fabricated an integrated fully PV-powered system to extract fresh water from the atmosphere. The system uses excess heat from the solar modules to evaporate and condense water that can then be used to grow crops. Part of the water is also used to cool down the solar modules through an active cooling technique.

With senators having called for plantation-wide solar powered pumping projects, funded by public money, the country’s National Irrigation Administration has agreed and said it wants to embrace floating solar facilities too.

With 90% of world economies committed to net zero targets, the disruptive nature of the energy transition is becoming clear. Climate targets require us to triple renewable energy capacity by 2030, phase out coal by 2040, end fossil fuel subsidies, and ensure support for a just transition. While hydrogen is sure to be a key technology in this energy transition, the exact role it will play is not yet clear, reports Felicia Jackson.

Emerging Western Australian renewable energy project developer Frontier Energy is pushing ahead with “significantly advanced” plans to develop a large-scale solar PV farm in the state’s southwest after the successful completion of an $8 million capital raising.

With the global demand for lithium accelerating, Australian miner Core Lithium has inked a deal to supply United States-based electric vehicle and battery maker Tesla with up to 110,000 tonnes of lithium spodumene concentrate.

Australian-based mining giant Fortescue has commenced the development of an electric train that recharges itself using gravity after the resources company this week settled its $310 million purchase of UK-based technology and engineering services business Williams Advanced Engineering.