Described as a “masterclass” in shareholder activism, Perth-based mining technology company TNG Limited, owner of the major vanadium Mount Peake Project, has had its leadership team collapse with former AFR columnist elected as the new director, winning 95% of the vote during the company’s AGM.
Civil and building works have now been completed on the site of the Northern Territory’s $45 million (USD 30.2 million) big battery, known as the Darwin-Katherine Battery Energy Storage System. The 35 MVA battery is being delivered by Hitachi Energy and will deploy Virtual Synchronous Machine technology, allowing it to provide virtual inertia and system strength services to the grid.
Core Lithium’s Finniss Lithium Project just south of Darwin’s Port opened this week, supplying battery-grade lithium to electric vehicle giant Tesla, among others. Core Lithium plans to open processing facilities at the site by early next year.
A 2.8 GW solar-powered green hydrogen export project being developed on the Tiwi Islands in the Northern Territory has taken the next step towards securing environmental and planning approval with developer Provaris Energy lodging an assessment referral with the federal government.
Former Northern Territory chief minister Michael Gunner plans to focus on developing “world-changing, economy building” clean energy projects in Australia’s north after accepting a new role with mining magnate Andrew Forrest’s renewable energy company Fortescue Future Industries.
Smart technology that controls energy flow on power grids could soon be the norm in the Northern Territory with a trial launched in the outback town of Alice Springs that will test the economic and energy efficiency of a rooftop solar-driven virtual power plant.
The Northern Territory government has signed an agreement with Taiwanese battery company Aleees and Western Australia-based miner Avenira to develop a battery cathode manufacturing plant in Darwin.
Construction has commenced on a $45 million grid-scale battery storage system that will support further uptake of solar PV among households and businesses in the Northern Territory and help the government achieve 50% penetration of renewables into its energy supply by 2030.
Australia’s Provaris Energy, formerly known as Global Energy Ventures, has had its 2.8 GW Tiwi Island’s green hydrogen project awarded Major Project Status by the Northern Territory government.
French renewables giant Total Eren continues to advance its green hydrogen ambitions in Australia, teaming with the Northern Territory government to develop a massive renewable hydrogen production facility powered by more than 2 GW of solar PV generation in the far north.
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