SYDNEY – Australian Prime Minister Scott Morrison’s plan for a gas-led recovery to provide energy security and boost jobs is being criticised by analysts, who say that it will not work and that the government should instead support clean energy. Last year, Mr Morrison announced plans to boost gas output and domestic usage, and began […]
Photon Energy Group Participates in AUD 42 Million RayGen Series C Capital Raise
The funding round includes AUD 27 million (EUR 17,2 million) of private funding by investors such as AGL, Schlumberger New Energy and Chevron Technology Ventures, and AUD 15 million (EUR 9.5 million) from the Australian Renewable Energy Agency (ARENA). Photon Energy Group made a follow-on equity investment of AUD 3 million (EUR 1.9 million), maintaining […]
Australia’s New South Wales Awards $2.5 bln Battery Contract to Shell
Authorities said the battery, to be built by early 2023 and operated by Edify, will ease concerns around energy supply shortages related to the closure of AGL Energy’s aging coal-fired Liddell power station after two years. SYDNEY: Australia’s New South Wales (NSW) state said on Tuesday it has awarded a A$3.2 billion ($2.5 billion) contract […]
Solar Power Boom in Australia Prompts Push to Promote Home Batteries
Sun-drenched Australia has massive potential for the production and supply of solar power. SYDNEY – Australia is experiencing a solar power boom, as a growing number of households install photovoltaic panels on their roofs and turn their houses into power plants.There is also a growing push to lift the currently low rates of battery installation […]
Guess what! Electric cars can drive from Melbourne to Sydney
A transition to clean, zero emissions transport in Australia still faces a long road ahead if comments made by former Labor MP and minister Stephen Conroy on Monday are anything to go by. In a spot on Sky News, Conroy demurely labelled the Coalition’s ludicrous fake news campaign against electric cars in the lead up […]
BHP seeks to capitalize on opportunities in electric transport and renewables
BHP, the world’s biggest miner, said Wednesday the outlook for coal was “challenged” and there was “no appetite for growth” as it sought to capitalize on opportunities in electric transport and renewables. The miner outlined its long-term strategy months after other major global commodities giants — including Glencore and Rio Tinto — said they were […]
