GridBeyond looks to build Australian footprint with new funding
Ireland-headquartered smart energy company GridBeyond plans to expand its operations in “key market” Australia as part of a broader global growth strategy after securing more than $86 million in new funding.
CIP acquires majority stake in Elgin Energy
Copenhagen Infrastructure Partners has acquired a majority stake in Elgin Energy that will help the Ireland-headquartered solar developer to transition into an independent power producer and grow its pipeline of projects in new and existing markets, including Australia.
Oil and gas reservoirs are cheapest options for underground hydrogen storage
New research from Ireland shows that depleted oil and gas reservoirs may be used to store hydrogen at a cost of US$1.29/kg (AU$1.9/kg). According to the researchers, underground hydrogen storage may benefit from the technological maturity of the geologic storage of natural gas and CO2, which are associated with decades of established knowledge.
