Australia-based energy investment manager Quinbrook Infrastructure Partners has sold a 49% stake in a massive $1.9 million (USD 1.2 billion) solar PV and battery energy storage project being developed in the United States to a Dutch pension asset manager.
On the back of recent capital investment from a Canadian pension fund, NovaSource Power Services has made its first big move in the Australian market with the acquisition of First Solar’s 500 MW of operations and maintenance assets.
Australian company Vast Solar’s plans to expand into the rapidly growing North American renewable energy market have received a multi-million dollar boost after the United States government announced more than $38 million (USD 24 million) in grants to advance the development of concentrated solar thermal power technologies.
A 2.8 GW solar-powered green hydrogen export project being developed on the Tiwi Islands in the Northern Territory has taken the next step towards securing environmental and planning approval with developer Provaris Energy lodging an assessment referral with the federal government.
Australian minerals explorer Allup Silica aims to target the booming solar panel industry after independent tests confirmed the presence of premium silica sands – a key component of high-end glass manufacturing – at its Sparkler project in Western Australia.
The head of the country’s energy market operator has reiterated his call for the development of a mechanism that incentivises dispatchable capacity, saying it is critical to underpin the growth of renewables as Australia’s energy transition continues to accelerate.
The battle of the billionaires has become the stuff of headlines. The world’s richest man, Elon Musk, has gone head-to-head with Australia’s richest man, billionaire Andrew “Twiggy” Forrest.
Queensland-based energy company Line Hydrogen is to develop a gigawatt-scale renewable energy facility and green hydrogen production plant in Western Australia after joining forces with mining services contractor Blue Cap Mining.
United States-based engineering firm FTC Solar has won the contract to supply its Voyager solar tracker technology for the 128 MW Cunderdin hybrid solar PV and battery energy storage project being developed in Western Australia.
Former Northern Territory chief minister Michael Gunner plans to focus on developing “world-changing, economy building” clean energy projects in Australia’s north after accepting a new role with mining magnate Andrew Forrest’s renewable energy company Fortescue Future Industries.
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