Volvo reveals Australian-made plans for electric trucks
Swedish truck and bus manufacturer Volvo Group has confirmed it will begin building heavy-duty electric trucks in Australia next year after announcing what it says is the largest order to date for battery-electric trucks in this country.
SEC renewables to power 5% of Victoria’s electricity market
Victoria’s government-owned State Electricity Commission has re-entered the retail market with the signing of contracts that will see it power approximately 5% of the state’s electricity market.
Victoria puts an end to no-interest solar battery loan program
The Victorian government has announced applications for the state’s interest-free solar battery loan program are no longer being accepted, declaring that the rollout of energy storage systems under the scheme has exceeded expectations.
Pacific Energy completes $2 billion funding raise to boost growth plans
Queensland-based investor QIC’s remote and off-grid power specialist Pacific Energy has successfully completed an almost $2 billion refinancing and equity raise that will bankroll the Western Australian company’s growth plans.
Solar puts Australia in fast lane to 100% renewables
A massive increase in solar power generation capacity is already putting Australia on the fast track to a 100% renewable energy future.
UNSW targets energy efficiency with real-world trial of management system
Researchers in New South Wales have teamed with the Dubbo Regional Council to trial a hybrid energy management system that aims to revolutionise how buildings consume, store, and distribute energy to improve efficiency while lowering costs and reducing reliance on fossil fuels.
8 MWh battery system to help power WA lithium project
An 8 MWh battery energy storage system is now helping power one of the largest hard-rock lithium mines in the world with Western Australia-based miner PLS advancing its plans to reduce its energy-related emissions intensity and costs.
Australian researchers turn to urine to cut hydrogen costs
Australian researchers have developed electrolysis systems that use urea sourced from urine and wastewater to generate hydrogen at “significantly lower” energy costs than traditional water-splitting methods.
Kite Magnetics nets $3.6 million to scale up production of EV tech
Victorian startup Kite Magnetics has secured a $3.6 million investment from one of the world’s biggest producers of battery-grade lithium chemicals to scale up production of a patented nanocrystalline magnetic material designed to improve the performance of electric motors and generators.
AEMO kicks off consultation on electricity network options
With cost estimates for overhead transmission line projects blowing out by up to 55%, the Australian Energy Market Operator has launched formal consultation on a draft report outlining a range of new and updated transmission network developments along with distribution network augmentation options.
