Australia’s most recognisable solar recycler handed windup notice by Victorian court
One of Australia’s best known solar recycling companies, Reclaim PV, has been handed down a windup notice by Victoria’s Supreme Court. The company’s insolvency highlights the deep issues of solar recycling and the complexity of trying to create circularity in an overwhelmingly linear approach.
Report exposes Australia’s biggest fossil fuel subsidy and how mining industry could be better served
A new report by Climate Energy Finance has revealed Australia’s diesel Fuel Tax Credit Scheme disincentivises growth in future industries and will cost taxpayers $37 billion (USD 23.8b) in lost tax revenue by 2030. The report also illustrates how capping these rebates represents a multifaceted advantage for Australian manufacturing of low and zero-emission mining vehicles.
Australian Vanadium secures new land agreement, plugs towards delayed vision
Western Australian company Australian Vanadium Limited (AVL) seems to be fairly delayed in realising its vanadium mine and processing plant vision in Western Australia. Nonetheless, the company has signed a new option agreement to purchase land for its processing plant near Geraldton.
NSW raises coal royalties, adding $2.7b to future budget
New South Wales has increased its coal royalty scheme for the first time since 2009 in a move that is expected to boost the state’s budget by more than $2.7 billion (USD 1.72b) from 2024 to 2028.
Urgent action required to become green hydrogen superpower
Joe Biden’s surreptitiously-named Inflation Reduction Act has been described as the world’s biggest piece of climate change legislation, as big in its impact as the Paris Climate Change Agreement. Scott Hamilton and Joanna Kay argue Australia must act now to keep capital and talent onshore.
New research finds Australia’s lithium deposits likely extend across eastern states
New research from the University of Sydney pinpointing the concentration and distribution of lithium in Australian soils has found elevated levels in Queensland, New South Wales and Victoria.
Four Queensland towns funded to switch from diesel to solar and batteries
Four western Queensland communities powered by state-owned diesel generators are set to switch to solar and batteries, including Boulia, Burketown, Doomadgee and Windorah.
20 iron flow batteries delivered to Queensland coal plant, part of new technology testing hub
Queensland iron flow battery company Energy Storage Industries is delivering 1 MW/10 MWh of flow battery energy storage to Queensland’s Stanwell Power Station just outside of Rockhampton. The flow batteries are part of a new government-run clean energy testing ‘hub’ at Rockhampton, which will also include hydrogen and workforce training programs.
Cimic subsidiary snaps up 250 MW Queensland solar project
Cimic Group subsidiary Pacific Partnerships has added a second large-scale solar project to its portfolio having purchased the development rights for the 250 MW Hopeland Solar Farm planned for southwest Queensland.
Genex reaches construction milestone on 2 GWh pumped hydro project
The first pumped hydro energy storage project to be delivered in Australia in 40 years is on track for energisation in 2024 with developer Genex Power announcing that the Kidston pumped hydro project is now more than halfway through construction.
