The integration of the complex combat systems on the Royal Australian Navy’s existing guided missile destroyers and Hunter class frigates will be done in Australia, following an agreement between three of the country’s largest defence companies and the Department of Defence. BAE Systems Australia, Lockheed Martin Australia, Saab Australia and Defence have signed a Combat…
Building-integrated photovoltaics company ClearVue Technologies has been awarded a $2 million grant from the Western Australian government to bring manufacturing of its core components onshore. The company will establish a WA-based photovoltaic (PV) and nanoparticle components manufacturing facility. Onshoring will mitigate supply chain risks in line with the company’s global strategy, while benefitting the economy,…
Luxury and premium wine maker Treasury Wine Estates is again taking the microscope to its operations and plethora of wine brands seeking efficiencies and potentially selling off more wine brands. The company has been undergoing a process of what it calls premiumisation since the shock of the imposition of import tariffs by China on its…
Danish investment group Copenhagen Infrastructure Partners (CIP) has announced plans to build a green hydrogen production hub in South Australia’s Eyre Peninsula valued at up to $30 billion, according to reports. The company’s Evergreen project aims to install 14 GW of solar and wind capacity and seven GW of electrolysis capacity – the equivalent of…
Minesite solutions provider Tradesales and bulk water provider Aquapax have introduced a novel solution for drinking water systems in remote mining operations. The capital investment required to establish drinking water systems at new mining sites remains a significant challenge, with the two companies developing a Bulk Water Hydration Station which addresses cost concerns while minimising…
The first of two Volvo BZL vehicles built in Brisbane at Eagle Farm marks bus body manufacturer Volgren’s 50th Battery Electric Bus (BEB) delivery. The two vehicles fitted with the company’s Optimus bodies delivered to Queensland’s Translink will be operated by Brisbane City Council on the Spring Hill Loop – a free city service for…
By Peter Roberts Following a period of public consultation the federal government has updated the List of Critical Technologies that it believes will help secure Australia’s future. The updated list differs from that previously announced by the coalition, though in most cases one suspects that they cover the same ground, with only a different upfront…
One-piece carbon fibre road wheel manufacturer Carbon Revolution has secured a new US$60 million debt funding programme to continue its development of a mega-line wheel production line and progress its plans to merge with a US entity, special purpose acquisition company Twin Ridge Capital Acquisition Corp (TRCA), being recapitalised and listed in the US in…
The SmartSat Cooperative Research Centre (CRC) has launched a new research programme called ‘Maya Nula’ to develop an Australian satellite Earth Observation (EO) capability with space sensor technology for the agriculture sector. The name Maya Nula, which translates to ‘eyes here, there, everywhere’ in the Dharug language of the Eora nation, aims to create an…
Australia’s H2X Global has been chosen by Swedish company Renova AB for a contract worth up to $34 million (240 million SEK) for the supply of commercial hydrogen fuel cell electric (FCEV) trucks to the city of Gothenburg. The Renova Group is owned by ten municipalities in western Sweden, and upon completion, the contract will…
