Fortescue to build ‘$1bn’ green equipment manufacturing plant

Andrew Forrest’s Fortescue Future Industries is to construct the world’s largest electrolyser, renewable industry and equipment factory at Gladstone, Queensland FFI, which only last week announced it was designing a 1Gw solar PV factory to be sited in Australia, made the announcement of the first stage on Sunday. FFI said total investment could add up…

Applied EV autonomous vehicle shows the futility of Australia’s car plans

By Peter Roberts For several decades Australia has a series of ‘car plans’ that succeeded in reducing model proliferation in what was once a highly protected industry, creating a sector which was technologically advanced and, with the subsidy of the plan, profitable for the surviving companies Ford GM and Totoya. It made an important contribution…

Lockheed Martin and Shoal join for satellite communications

Adelaide based systems engineering group Shoal Group will join Lockheed Martin Australia (LMA) on its JP9102 team delivering a next-generation military satellite communications (MILSATCOM) system to Defence. LMA’s JP9102 solution is designed for operational superiority over current systems in the industry. According to the company, it not only delivers unparalleled coverage, capacity and resilience, but…

Going Dutch – Fortescue planning Australian solar PV factory

Andrew Forrest’s Fortescue Future Industries has purchased a Dutch green hydrogen and solar PV business and announced a major expansion including plans to build a solar PV manufacturing plant in Australia. FFI has purchased a 60 per cent stake in Dutch-based High yield Energy Technologies (HyET) Group and provided the majority share of financing for…