Renascor finalises $15m capital raise, on track to be world’s first battery-grade graphite producer outside of China
South Australian company Renascor Resources this morning confirmed it had raised $15 million from institutional investors in Australia and abroad, enough to fund its Siviour Battery Anode Material Project up to the construction phase. The project is on track to become the world’s first integrated mine and purified spherical graphite operation outside of China.
5MS is coming but it still remains a known unknown
The shift from 30-minute settlement to 5-minute settlement (5MS) is fast approaching – 162 days away but who’s counting.
Solar discrimination sees electricity retailer fined $300,000
Powershop has been fined $300,000 after Victoria’s Essential Services Commission found the energy retailer was offering solar customers more expensive electricity plans than non-solar customers.
Coles signs two major agreements after becoming final supermarket to switch to 100% renewables
After recently joining the rest of Australia’s supermarket chains by pledging to be 100% powered by renewables by 2025, Coles today announced it had signed power purchasing agreements with both Engie and Neoen.
AGL boss quits following decision to split the business
AGL’s Managing Director and CEO, Brett Redman, has left the company after he told its board he believed “he could not make a long-term commitment” as the energy giant moves to split into two separate entities.
Big battery market gets a leg up as rule maker proposes rewards for fast grid responses
The Australian Energy Market Commission, the country’s rule maker for electricity and gas markets, has this morning released proposals to reward fast frequency services in the National Electricity Market for the first time.
Australian aerospace firm to launch into space race with green hydrogen
Queensland-based Hypersonix Launch Systems has announced a partnership with BOC and its Bulwer Island Renewable Hydrogen Production and Refuelling pilot project. The deal will see Hypersonix use green hydrogen produced by solar electrolysis as rocket fuel to launch re-useable satellites into lower earth orbit.
Hydrogen overview: recent movements across the globe and at home
Hydrogen is heating up – not only here in Australia, but globally. This week has seen a flurry of news from the U.K. to South Africa, New Dehli to Switzerland. Pv magazine’s roundup of the latest hydrogen news and movements.
Spotlight on Australian solar – what’s working, why, and where there’s room to grow
Company Solahart, which originated in Perth, has delivered a heartening snapshot of solar Australia. It found the country deploys renewable energy 10 times faster per capita than the global average, four times faster per capita than in Europe, China, Japan or the U.S.A. Solahart examined what motivates different demographics of Australians to install solar and which parts of the country are most suited to solar.
Tasmanian sheep farm installs flow battery-based microgrid system
Redflow’s Systems Integration Architect and largest shareholder has brought his work home, installing a 280kWh Redflow battery-based microgrid at his sheep farm in northwest Tasmania.
