Global Energy Ventures announced to the ASX yesterday its design for the H2 Ship, a compressed hydrogen ship capable of transporting 2,000 tonnes of hydrogen from green hydrogen hubs in northern Australia to trading partners such as Singapore, Korea, China, and Japan.
The latest edition of the World Nuclear Industry Status Report indicates the stagnation of the sector continues. Just 2.4 GW of new nuclear generation capacity came online last year, compared to 98 GW of solar. The world’s operational nuclear power capacity had declined by 2.1%, to 362 GW, at the end of June.
Modelling from a new report backed by ARENA has found that on-site solar electrolysis is not only the most cost-effective way of reaching Australia’s ambitions of both a domestic and export hydrogen economy, but perhaps the only way.
California-based Greentech startup ReCarbon, which recycles greenhouse gases by converting them into hydrogen, is targeting a big Australian investment.
Q Cells has announced a 25-year product warranty on its upcoming modules to be released in Australia before the end of the year. The 25-year extended warranty is a massive show of confidence by one of the world’s largest module manufacturer’s in its products.
A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
The Korean solar manufacturer has lodged a lawsuit with the Federal Court of Australia against Chinese panel makers Jinko and Longi following similar allegations in the U.S. and Germany.
Coal miner Glencore is failing investors in its latest forecasts.
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