Considered critical minerals, graphite and lithium are used in a wide range of applications, including electric vehicles’ batteries. The lithium-ion battery sector is benefiting from rising prices of the raw material amid robust demand. New Delhi : Australia’s Magnis Energy Technologies Ltd said on Tuesday it secured A$20 million ($14.7 million) from two U.S.-based investors […]
JSW Energy, Australia’s Fortescue Future Join Hands For Green Hydrogen
Sign agreement for assessing potential of green hydrogen for green steel making, hydrogen mobility, green ammonia and other industrial applications in India JSW Future Energy has entered into a framework agreement with Australia’s Fortescue Future Industries (FII) for potential projects relating to the production of green hydrogen. A statement from JSW Energy said this agreement […]
Damages Dispute Between Contractor And Owners of NSW Solar Farm At Stand Still
The drawn out dispute between one of Australia’s biggest listed contracting companies, Decmil, and the owners of the 200MW Sunraysia solar farm in NSW is at a standstill, pending the completion of works and commissioning later this year. The dispute between Decmil and the owners – UK infrastructure investment John Laing (90 per cent) and […]
Old Style Tech to Give Major Boost to Australia’s Shift to Wind And Solar
It has been a week of records. Just five days ago, the most that Australia’s growing fleet of wind turbines had produced at any one time stood at 5,642MW, a level set in May. By the end of Sunday, that record had been comprehensively smashed a number of times, and now stands nearly 800MW higher […]
Dinawan Energy Hub to Reinforce Australia’s Southeastern Grid
Spark Renewables has proposed a 2.5 GW wind, solar and battery energy storage complex near Jerilderie, in the Australian state of New South Wales. $1.3 billion will be spent on the first 1 GW tranche, then a further $1.8 billion on the 1.5 GW follow-up. The first phase should be commissioned in 2025. New South […]
Australia’s Electricity Oligopoly is Being Slowly Broken Down By Wind And Solar
New data has illustrated how the shift to large- and small-scale renewable energy in Australia is starting to chip away at the country’s infamous market oligopoly, the one that has seen a handful of companies wield nearly all of the market power and rake in windfall profits. The data, contained within the Australian Energy Regulator’s […]
Australia’s Case For Fossil Fuels Weakens as Solar And Wind Set Records
Solar and wind power are continuing to set records in Australia, pushing down electricity prices and reducing the profitability of fossil fuel generation. Wind last year overtook natural gas in power generation for the first time, and together with solar helped cut wholesale prices to their lowest since 2015, the Australian Energy Regulator said Friday […]
Australia’s Case For Fossil Fuels Weakens as Solar and Wind Set Records
Solar and wind power are continuing to set records in Australia, pushing down electricity prices and reducing the profitability of fossil fuel generation. Wind last year overtook natural gas in power generation for the first time, and together with solar helped cut wholesale prices to their lowest since 2015, the Australian Energy Regulator said Friday […]
Australia’s Pilot Energy Earmarks Funds For Renewables Feasibility Studies
Pilot Energy Limited (ASX:PGY), an Australian junior oil and gas company that wants to be a player in the energy transition, is set to raise AUD 8 million (USD 6m/EUR 5.1m) in equity. The company said on Monday it has secured firm commitments for AUD 8 million in a placement to new and existing investors. […]
Qube Installs Australia’s Largest Solar Farm
The delivery and installation of Australia’s largest solar farm required collaboration between several Qube divisions. The Qube teams reportedly worked with Sterling and Wilson, the engineering, procurement and construction contractor, that is building the solar site in the Western Downs region of Queensland, as part of the Western Downs Green Hub, located near Chinchilla, 300km […]