Provaris Energy seeks swift restart to compressed hydrogen tank construction Australian green hydrogen developer Provaris Energy is working with secured lenders to have construction resume of its proprietary compressed hydrogen transport tank for the company’s proposed H2Neo carrier vessel. Earlier this month the company revealed the bankruptcy of Norwegian-based Prodtex Industri AS which operates the…
Participants in the solar energy sector have been invited to join a new $100 million Solar ScaleUp Challenge, delivered by the federal government’s Australian Renewable Energy Agency (ARENA) and aiming to progress towards a goal of “Ultra Low-Cost Solar”. According to a statement from ARENA on Wednesday, the global challenge aims to “stimulate innovation in…
Breakthrough Victoria, which manages a $2 billion investment fund on behalf of the state government, has announced that it is investing $15 million in software-defined test instrumentation company Liquid Instruments. The company’s devices are described as using field-programmable gate arrays (FPGAs) and software to create more adaptable instrumentation, “providing up to fourteen different instruments accessible…
Defence contractor Kord Defence will supply its Advanced RACU Commander Systems to the Ukrainian Military under the Australian Government’s $100m package of military assistance announced in April. The Systems will form part of high priority equipment required by Ukrainian soldiers on the frontline, with Kord also providing comprehensive training to Ukrainian soldiers. Managing Director of…
The Newcastle and Hunter regions of New South Wales have long been one of Australia’s most significant industrial heartlands. Here Roy Green lays out how the region can meet the challenges of climate change and transform its industrial structure. Everyone in Australia has a stake in the successful transformation of Newcastle and the coal rich…
Composites manufacturer Quickstep expects to receive purchase orders for the ongoing production of aerospace components from customers Northrop Grumman, Lockheed Martin and Marand by the end of July 2024. The company, in an update for investors, said that over the coming months production was transitioning to the next phase of multi-year orders under long-term agreements…
Australian researchers, led by Monash University, have invented a new artificial intelligence (AI) tool for virtual screening in early stage drug discovery to speed the identification of potential new medicines. Although computational methods within drug discovery are well established, there is a gap when it comes to AI tools to rapidly and cost-effectively predict the…
Defence giants Huntington Ingalls Industries (HII) and Babcock have formed a new joint venture H&B Defence to develop sovereign capability for the AUKUS conventional armed, nuclear-powered submarine programme. H&B Defence combines nuclear submarine and shipbuilding experience from Australia, the United Kingdom and the United States to support the nuclear-powered submarine programme unforlding under AUKUS. HII…
Process engineering company Jord International has announced that Greg Jones (pictured on left) will begin as its new CEO on July 15. Jones joins the privately-owned, 400-person firm after 17 years at steel company InfraBuild, where he is Executive GM of Distribution & Processing, according to his Linkedin profile. Jones will replace current CEO Angus…
Eight months after temporarily pausing its energy storage demonstrator’s operations due to an overheating issue, MGA Thermal has received a further nod of confidence in its recovery from the incident with an extra $2.48 million in backing from the Australian Renewable Energy Agency (ARENA.) The company shared news of the funding – which nearly triples…