Novonix does $45 million deal with LG Energy Solution
Brisbane-based battery materials and technology company Novonix has sealed a $45 million (USD 30 million) deal with South Korean battery manufacturer LG Energy Solution that is complemented by an agreement between the two parties to jointly work toward developing high-performance, synthetic graphite anode material for lithium-ion batteries.
Melbourne factory installs 1.45 MW rooftop solar system
Building materials company Etex Australia has installed a 1.45 MW rooftop system on its factory in Altona in southwest Melbourne.
Octopus plans giant Queensland energy park with 400 MWh battery, 175 MW solar acquisition
Octopus Australia has acquired a 175 MW solar and 400 MWh battery project in Queensland’s Western Downs region. It plans to integrate these assets with its newly commissioned 180 MW Dulacca Wind Farm to create one of Australia’s largest multi-technology renewable energy parks.
Brookfield flags $30 billion investment, ‘public benefits’ of Origin decarbonisation to ACCC
The Brookfield consortium looking to acquire Origin Energy has lodged its merger application with the ACCC, arguing the takeover is in the national interest since it will accelerate Australia’s decarbonisation. The application also flags investment figures as high as $30 billion (USD 20 billion), up from the $20 billion previously flagged.
Researchers identify 14 feasible pumped hydro sites in North Queensland
Griffith University researchers have developed a tool to identify sites for pumped hydro storage projects. Using North Queensland to demonstrate the tool, the researchers identified 14 potentially feasible sites in the region where the LCOE ranged between $0.04/kWh – $0.27/kWh.
Hitachi battery replaces diesel generators on Victoria’s Phillip Island
Phillip Island off Victoria’s southern coast has switched on a 5 MW/10 MWh lithium-ion phosphate battery to support the island’s grid during peak tourism periods.
2.4 MW solar carpark switched on in Melbourne, first stage in 10 MW rooftop install
Melbourne Market Authority has switched on a 2.4 MW solar carpark at its facility in North Melbourne. It is the first in a three stage project, which will eventually result in a 10 MW rooftop system.
Brisbane company unveils 100 kW hydrogen battery using CSIRO tech
Queensland hydrogen battery startup Endua has installed its first 100kW standalone hydrogen power bank in south Brisbane. The news come weeks after the company raised $11.8 million (USD 7.81 million) to scale the technology.
VNI West Project could delay the retirement of coal generators
Analysis conducted by Cornwall Insight Australia reveals that certain coal plants in New South Wales may benefit from delaying their retirement, following the release of new plans for the VNI West transmission project.
Tasmania site secured for 240 MW green hydrogen project
Australian hydrogen developer Abel Energy and Spanish energy group Iberdrola are pushing ahead with plans to deliver a 240 MW green hydrogen and green methanol production facility in Tasmania, inking a deal to secure a site for the $1.2 billion (USD 79 million) project.
