Report tips $138 billion to keep Australia in manufacturing race
The Australian government needs to commit up to $138 billion (USD 90 billion) over the next decade to support manufacturing of renewable energy-related equipment or risk the country being left behind in the race to develop the technologies and manufacturing capacities needed to prosper from the global energy transition.
Origin teams with Coles on 20 MW solar and battery rollout
Origin Energy and supermarket giant Coles have partnered to deploy 20 MW of solar at up to 100 supermarkets and liquor stores throughout Australia in a deal that will allow the energy gentailer to use excess electricity generated by the installs to ease pressure on the grid during peak demand periods.
MGA moving to scale up thermal energy storage solution
Newcastle-based clean energy company MGA Thermal has secured $8.25 million (USD 5.39 million) from domestic and international investors as it gears up for commercial scale production of its thermal long-duration energy storage solution.
Australian lithium miner gives go-ahead for on-site processing plant
Pilbara Minerals and Australian technology company Calix have received board approvals to build a ‘game changing’ processing plant to produce value-added lithium product at the miner’s flagship Pilgangoora project in Western Australia.
H2X to accelerate growth after landing US funding deal
Australian hydrogen technology startup H2X Global will accelerate the rollout of its hydrogen-powered vehicle range in both domestic and international markets after securing an $87 billion (USD 57 million) investment agreement with United States-based Verde Mobility.
First commercial gravity-based energy storage tower begins commissioning
Energy Vault has begun commissioning a 25 MW / 100 MWh energy storage tower adjacent to a wind power facility outside of Shanghai.
Ingeteam sells O&M division to RES Group
Ingeteam has sold its operation and maintenance (O&M) division to United Kingdom-based RES Group. It says the division’s 35 GW of O&M contracts throughout the world are valued at $58.55 billion (€35 billion).
Solar farm adds to King Island’s renewables solution
A permanent shift towards 100% renewable energy supply on Tasmania’s King Island is a step closer to realisation with the completion of a new 1.5 MW solar farm adding to the existing hybrid off-grid power system that services the island.
DAS Solar establishes Australian subsidiary
Chinese module manufacturer DAS Solar has launched an Australian subsidiary, an investment the company says reflects its confidence in the region’s solar market.
International energy giants look to kickstart new era in Australian manufacturing
Brookfield’s bold ambitions for Australia have reached a new level with the global asset manager inking an agreement with India-headquartered multinational Reliance Industries to explore the production of solar panels, long-duration battery storage, and other renewable energy equipment in Australia.
