Sydney start-up secures $23 million to accelerate clean lithium technology
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.
‘Implausible assumptions’ in Australia’s decarbonisation modelling leads investors to develop 1.5°C pathway
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.
Floating hydrogen storage solution unveiled by WA company
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.”
A plan to make a plan: Australia’s National Electric Vehicle Strategy unveiled
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.
Hydrogen truck to be showcased at Brisbane convention before Pepsi trials
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.
NZ hydrogen startup claims it’s ‘cracked the iridium problem,’ raises $2.3m in seed round
A newly-launched New Zealand startup claims its catalyst layer technology reduces the amount of iridium and platinum needed for electrolysis by a factor of 25. The startup, a spinout from a research institute, has raised NZD 2.5 million ($2.3m/USD 1.55m) in a seed funding round.
‘Record’ renewables under construction says report which contrasts earlier analysis
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.
Australia tries to boost hydrogen competitiveness
Finance consultancy explains in a new report that the levelised cost of green hydrogen (LCOH) is well below USD 2/kg with subsidies. Using either PEM and alkaline electrolysers, green hydrogen normally has a lower levelised cost than pink hydrogen. Meanwhile, Australian authorities are trying to increase the competitiveness of the local hydrogen sector, and car companies are updating their fuel cell plans.
Australia’s energy transition reaches ‘tipping point’
Australia’s transition to clean, renewable energy has reached a major milestone with AGL today commencing the process of shutting down the last of three coal-fired generating units still operating at its Liddell power station in New South Wales as it prepares to completely close the facility before the end of the month.
NZ to fast-track approval process for solar projects
New Zealand’s large-scale solar market is set to shift up a gear with the government announcing two new projects with a combined generation capacity of more than 500 GWh per annum have been referred for fast-track consenting.
