Japan’s J-Power launches new Genex takeover bid
After receiving an initial takeover bid last month, Australian renewable power generation and energy storage developer Genex Power has received a revised acquisition offer from Japanese energy company and anchor investor J-Power.
Remote community microgrids reach design and build stage
The Queensland government has announced plans to deliver the key infrastructure and support microgrid feasibility studies in five remote townships as it seeks to promote energy sovereignty for communities on the edge of the electricity grid.
1komma5° announces largest Australian acquisition yet
German solar technology developer and retailer 1komma5° has continued to strengthen its presence in the Australian market with the acquisition of Queensland-based Arkana Energy Group.
Solar’s heavy lifting is Queensland’s ray of hope to hit transition target
New modelling shows that Queensland is on target to achieve its 80% renewable energy goal by 2035 with 13 new large-scale solar and wind projects with a combined 4.38 GW of generation capacity likely to be commissioned within the next three years.
Fortescue pushes back decision on Gibson Island hydrogen project
Fortescue and renewable energy developer Genex Power have again pushed back the sunset date on their 25-year solar supply deal for the 70,000-tonne green hydrogen production facility being developed at Gibson Island in Queensland.
Vanadium battery players partner on Queensland manufacturing supply chain
Australian minerals company Vecco Group will team with Japanese manufacturer Sumitomo Electric and Idemitsu Australia to build an ‘end-to-end’ manufacturing supply chain for vanadium flow batteries in north Queensland.
QLD adds $210 million to battery industrial strategy
The Queensland government is adding a further $210 million in pursuit of establishing a battery production industry in the state. The sum brings the total committed to its Battery Industry Strategy to $570 million.
Tidal wave of investment gives Queensland’s energy transition momentum
Independent Australian think tank Climate Energy Finance (CEF) finds public and private capital is rapidly transitioning Queensland from its dependence on coal and methane gas for electricity generation. The findings were published today in a new report.
Queensland offgrid project upgrade demonstrates power of modern PV
A secluded island residence off-grid system receives new tech upgrade. The additional power and bang-for-buck demonstrates the new era of offgrid living available to Australian remote households.
Queensland government to legislate 75% emissions reduction target
The Miles government in Queensland introduced legislation to state parliament today to formalize its emissions reduction target. The move takes the form of the Clean Economy Jobs Bill, which the state’s energy minister says will help create 100,000 new jobs.
