French renewable energy developer Neoen has signed a seven-year agreement with Australian utility AGL to provide 70 MW/140 MWh of virtual battery capacity in New South Wales.
A major Western Australian mine targeting the global vanadium battery market was this week found to be bankable, with feasibility studies confirming the project’s “strong commercial case for development,” its owner Australian Vanadium Limited said.
Water-from-air technology company Aqua Aerem’s Desert Bloom green hydrogen project received Major Project Status from the Northern Territory government last year. It has now announced a partnership with Japanese energy giant Osaka Gas that not only brings the 10 GW project closer to reality, but has also seen the company boost its ambitions to 20 GW in light of “quickly developing demand.”
Sydney-based CST Composites aims to establish Australia’s first hydrogen vessel manufacturing facility. It wants to secure its position in the rapidly growing industry through a joint venture with a US-based hydrogen storage tank manufacturer.
Fortescue Future Industries has purchased three cattle stations in Western Australia on which it plans to build a renewable energy hub to decarbonize its mining business and export green hydrogen and green ammonia.
Australian deployment of battery storage remained steady in 2021, according to market research firm SunWiz, bringing cumulative installations to 1,089MWh.
Australia’s largest hybrid solar and battery project, the New England Solar Farm and Battery Project in northern New South Wales, reached a new milestone over the weekend, following the delivery of the first of two massive 250 MVA transformers.
Sterling and Wilson Solar has warned that Australia’s large-scale solar PV industry faces a significant workforce shortage as the nation shifts away from fossil fuels toward renewable power.
A new report published by UK-based energy think tank Ember shows that solar was the world’s fastest-growing source of electricity generation in 2021. Australia leads the world in its uptake, with PV generating 12% of the nation’s electricity last year.
A new deal between Fortescue Future Industries and E.ON will see the Australian company deliver 5 million tons of green hydrogen to Germany, the Netherlands, and multiple cities in Europe by 2030.
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