Australia

Fortescue has announced three projects – two in Australia and the other in the US – have reached final investment decision (FID). The company held its annual general meeting today, where members voted down its contentious executive pay policy.

Around 6,000 batteries involved in the years-long LG battery recall have not yet been located, the ACCC has said. To date, there have been at least nine reported incidents involving the batteries, including one personal injury and one house “completely destroyed.”

Australia’s Clean Energy Regulator has selected a new body to take over the role of accrediting solar installers and designers, a position previously held by the Clean Energy Council. The new organisation will be formally announced in February, 2024, with solar installers given three months to transition to the new scheme at no extra fee.

A solar and battery energy storage project that will deliver a major boost to the renewable energy system that helps power a remote community on Bathurst Island off Australia’s northern coastline is rapidly nearing completion with a team of four workers taking just four days to roll out 1.2 MW of solar.

Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.

The green investments arm of global financial services group Macquarie Asset Management has launched a new specialist renewable energy business targeting an initial pipeline of 4 GW of wind, solar and battery energy storage projects across Australia.

The Western Australian government will invest more than $700 million (USD 455 million) to deliver the step change in electricity transmission infrastructure needed to unlock renewable energy generation opportunities that will support the state’s energy transformation.

In its first commercial project, United States-based solar technology company Terabase Energy has successfully installed 17 MW of a 225 MW solar facility with its automated Terafab platform.

A new report from the Australian Solar Thermal Research Institute shows that concentrating solar thermal power has a major role to play in cost-effectively decarbonising electricity, industry and fuels over the short- and long-term.

British-headquartered oil and gas major bp will look at deploying a 100 MW electrolyser to produce renewable hydrogen for domestic and export markets as it seeks to transform its former Kwinana oil refinery site in Western Australia into a green fuels hub.