The federal government has followed the release of its first electric vehicle strategy with a flurry of funding commitments designed to drive an increase in the number of zero-emission cars on Australian roads and in turn decarbonise the nation’s transport system.
Australia’s first National Electric Vehicle Strategy, released this week, details the government’s long-awaited plans to accelerate the adoption of these vehicles.
Origin Energy will “within weeks” begin building the first stage of a planned 700 MW/2,800 MWh grid-connected battery energy storage system being developed at the site of Australia’s largest coal-fired power plant that is set to be shut down in less than 28 months.
Construction of the 400 MW Stubbo Solar Farm being built near Dubbo in the New South Wales central west is scheduled to start next month with developer ACEN Australia launching the tender process for a suite of works packages associated with the $800 million PV project.
Australian start-up Novalith Technologies has raised $23 million to accelerate the development of its novel lithium extraction process that uses carbonated water in place of sulfuric acid to isolate and extract battery grade lithium from resource deposits.
Australia needs to inspire a $421 billion (USD 282 billion) investment, accelerate coal closures and significantly speed up our renewable rollout to realise 1.5°C Paris agreement climate targets, according to modelling from an investor group.
Western Australian hydrogen company Provaris has unveiled a floating hydrogen gas storage solution, which it says will provide the industry with “energy efficient and cost-effective storage.”
The Albanese government’s National Electric Vehicle (EV) Strategy includes just five new initiatives, four of which are still in the “development” or “preparation” stages. While there is a general sentiment the 56-page strategy is ‘a step in the right direction,’ numerous stakeholders have already pointed to its glaring omissions.
Australian company Pure Hydrogen will showcase its ‘Taurus’ hydrogen fuel cell prime mover at the Brisbane Truck Show in May. The demonstration will be immediately followed by a trial at PepsiCo Australia, which will use the truck at one of its Brisbane manufacturing sites.
Industry peak body the Clean Energy Council has arrived at a starkly different conclusion about Australia’s large-scale renewable segment in 2023 compared to independent analyst Sunwiz. In its latest report, it hails the number of utility projects under construction and is highly optimistic about the segment’s prospects.
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