Oceania

Australia’s inventories of critical materials for batteries have seen major increases recently, with vanadium up 23%, lithium up 8%, rare earths up 4% and platinum group elements up 185% in the year to December 2020.

West Australian company Vulcan Energy Resources, backed by mining magnate Gina Rinehart, has signed a geothermal heat energy offtake agreement with a major German energy supplier, MVV Energie. Vulcan is planning to eventually secure a lithium supply from the same deep brine source in the Upper Rhine Valley, Germany.

Australia’s most powerful energy industry participants have actively resisted the move to a low-carbon economy. Now, the country known as a sandbox for technology has become a sandbox for a new model for decarbonisation – one which has seen billionaires and giant fund managers sidestep politics to use the free market in strategic and potentially disruptive ways. pv magazine Australia’s Bella Peacock reports.

French renewable developer Neoen has signed a seven year agreement with energy giant AGL to provide 70 MW / 140 MWh of ‘virtual battery capacity’ in New South Wales.

A major Western Australian mine targeting the global vanadium battery market was this week found to be bankable, with feasibility studies confirming the project’s “strong commercial case for development,” its owner Australian Vanadium Limited said.

Infinite Blue Energy has announced a partnership with Indigenous-owned Boya Energy on the green hydrogen project it has planned for the 11 MW Northam solar farm east of Perth.

Increased demand and continual outages at gas and coal power plants in Queensland have seen a rise in the occurrence of extreme price spikes. The timing of these spikes, typically at peak hours between 5pm and 8pm, are seeing solar revenues soar just as the sun is setting.

To encourage industry to consider the battery mineral opportunities currently sitting in neglected heaps around the country, Geoscience Australia and its partners are developing an Atlas of Australian Mine Waste. The public database hopes to highlight the opportunity in reprocessing mining waste for new markets.

Water-from-air technology company Aqua Aerem’s Desert Bloom green hydrogen project received Major Project Status from the Northern Territory Government last year, now it has announced a partnership with Japanese energy giant Osaka Gas which not only brings the 10GW project closer to reality, but has also seen the company boost its ambitions to 20GW in light of “quickly developing demand.”

Solar data company Solargis has released 10-year solar performance maps showing Australia’s massive variations in irradiance and the impacts of extreme weather patterns and events.