Calix has executed a $44.9 million grant agreement with the Australian Renewable Energy Agency to build a green iron demonstration plant using its Zero Emissions Steel Technology, according to an announcement on Thursday. The demonstration plant will have a targeted capacity to produce 30,000 tonnes per annum of hydrogen direct reduced iron or hot briquetted…
The National Reconstruction Fund Corporation has committed $150 million to Brandon Capital to accelerate Australian medical innovation commercialisation, according to an announcement on Thursday. The investment will be allocated to Brandon Capital’s BioCatalyst 6 fund and will support early and late-stage Australian medical science companies developing therapeutics, medical devices and vaccines. NRFC chief executive David…
A green hydrogen and ammonia project in regional New South Wales has reached financial close, with construction set to begin in October, according to an announcement on Wednesday. The Good Earth Green Hydrogen and Ammonia project is a joint venture between Hiringa Energy, Sundown Pastoral Company and the NSW Government. The facility will be located…
The federal and South Australian governments have announced an additional $275 million in funding to support operations, workers and suppliers at the Whyalla Steelworks as the sales process continues. KordaMentha were appointed as administrators in February, with the state and federal governments announcing support totalling $2.4 billion for the site soon after. This was described…
Altech Batteries has provided an update on funding for its CERENERGY sodium-chloride solid-state battery project in Saxony, Germany, according to a statement on Wednesday. The company said a large European bank was in the process of being mandated to provide debt funding, with the bank’s technical due diligence team conducting a final site visit. The…
By Roy Green For a while it looked like federal Treasurer Jim Chalmers’ Economic Reform Roundtable would turn into a tax summit, such was the clamour to revisit missed opportunities. And we have an abundance of those in Australia. However, the intended focus on Australia’s lagging productivity performance has appropriately been retained in the current…
The University of Queensland’s Molecular Clamp technology has been acquired by global healthcare giant Sanofi in a landmark deal worth up to US$1.6 billion – the largest involving a company commercialising intellectual property from an Australian university. Sanofi entered into an agreement to acquire Vicebio, a company formed in 2018 to develop UQ’s proprietary Molecular…
The Western Australian government has announced contracts to UGL Engineering, Acciona, and GenusPlus for major upgrades to the northern section of the South West Interconnected System (SWIS.) Clean Energy Link – North will provide access to a claimed 400 megawatts of existing wind energy and another gigawatt of new renewable energy “across the SWIS and…
Adelaide-based Tindo has joined forces with the University of New South Wales on two innovative projects aimed at boosting power output in solar cells through advanced TOPCon technology. The collaborations will explore Tunnel Oxide Passivated Contact solar cell technology, which in laboratory testing can achieve around 27 per cent power conversion efficiency, compared to current…
Sponsored Leading Australian health and natural beauty manufacturer Star Combo Pharma was invited as a keynote speaker at the recent NSW Export Capability Building Workshop— hosted by Investment NSW and the Australian Industry Group (Ai Group). The company shared its strategic insights and practical experience in navigating international markets, offering a real-world roadmap to inspire…