Canadian renewable energy company Amp Energy will push ahead with plans to develop and build a green hydrogen project with up to 10 GW of electrolyser capacity in South Australia after extending its exclusive lead developer deal with Australian minerals company Iron Road.
Australia has big plans for renewable energies. Its diplomacy has symbolised to the world that it is open to change, but further investment in grid and energy capabilities is still lacking.
Squadron Energy, the private renewables group controlled by the billionaire Forrest family, has pledged to deliver 14 GW of new clean energy generation and storage projects in Australia by the end of the decade.
The International Energy Agency has forecast the rollout of rooftop solar in Australia will drop off “faster than anticipated” with increasing grid integration challenges and saturation of the power system contributing to a revision of expectations for renewable energy growth in the country.
French renewables developer TE H2’s ambition to be an early mover in Australia’s giga-scale renewable energy generation and hydrogen production industry has received a boost with the Northern Territory government awarding major project status to the proposed Darwin H2 Hub.
Six green hydrogen projects with a total electrolyser capacity of more 3.5 GW have been shortlisted for the Australian government’s $2 billion (USD 1.35 billion) Hydrogen Headstart initiative that is intended to support the development of 1 GW of electrolyser capacity by 2030 through two to three “flagship” projects.
Australian renewable energy company Frontier Energy has completed its acquisition of Canadian firm Waroona Energy. The companies own neighbouring large-scale solar projects in Western Australia’s southwest and intend to join forces to create the state’s largest vertically integrated renewable energy hub.
Australia stands at the forefront of a remarkable opportunity to revolutionise the reduction of global carbon emissions and potentially reap billions in export earnings. The key lies in harnessing green hydrogen to produce environmentally friendly alternatives such as green steel, ammonia, cement, eFuels and mining explosives.
Construction of the 380 MW Aldoga Solar Farm being developed near Gladstone on the central Queensland coast is to commence in the first quarter of 2024 with energy generated at the facility to go towards powering the state’s largest green hydrogen project.
Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.
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