Concentrated solar power (CSP) developer Vast Solar today announced it has awarded Australian engineering firm Worley key engineering contracts for its VS1 CSP project being built at Port Augusta in mid-northern South Australia. VS1 is a 30MW / 288 MWh CSP plant being built in Port Augusta and utilising Vast’s proprietary modular tower CSP v3.0…
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Since 2000, global investment in research and development (R&D) has tripled to $2.4 trillion and, as Australia’s innovation effort has faltered, the top countries just keep on going further and further ahead. The infographic, from Visual Capitalist, ranks the world’s most innovative economies using data from the UN’s WIPO Global Innovation Index. What Defines an…
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By Peter Roberts Occasionally a Senator provides a powerful demonstration of the value of Senate Estimates hearings to lay bare the inconsistencies and contradictions that prevent governments from achieving their aims. Last week we witnessed just such a seminal performance by South Australian Liberal Senator David Fawcett who calmly and methodically uncovered the gulf between…
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What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Infrabuild to the rescue as loan bolsters GFG Alliance UK billionaire Sanjeev Gupta has again relied on his successful Australian steel businesses to bolster his GFG Alliance group’s finances, with steel manufacturer and distributor Infrabuild confirming a new…
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Robert Bosch Australia is to close its Clayton, Melbourne factory manufacturing diodes – closing one of the few large scale semiconductor manufacturing operations in the country. The Melbourne facility is the sole Automotive Diode factory for the Bosch group, supplying up to 60 million diodes annually. Bosch itself hasn’t been a customer for the Australian…
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Mars Petcare Australia has announced a major investment in its Wodonga, Victoria regional factory to expand its pet food manufacturing capabilities and create more than 60 new jobs. Supported by Regional Development Victoria, the project builds on more than $55.8 million invested at the Victorian facility over the past five years. According to a statement,…
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Australian hydrogen company Line Hydrogen has said it expects to list on the London Stock Exchange by September through a reverse takeover with a special purpose acquisition company. Line Hydrogen announced on Friday morning (Australian time) that it has executed Heads of Terms with Net Zero Infrastructure, a SPAC listed on the Main Market of…
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Preliminary findings from research by the University of Technology Sydney and commissioned by the Battery Stewardship Council predict the number of used electric vehicle batteries entering the waste stream will grow to nearly 30,000 tonnes by 2030, and 1.6 million tonnes by 2050. The findings, released on Thursday, provide new insight on the recycling requirements…
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The first of an order for 43 Thales Bushmaster protected vehicles has arrived across the Tasman in an order for the New Zealand Army. The first 18 Bushmaster 5.5 vehicles which were developed and manufactured in Bendigo, Victoria arrived in NZ where they are replacing outdated Pinzgauer military utility vehicles. According to the Army, the…
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Australia-United Kingdom Free Trade Agreement takes effect The Australia-United Kingdom Free Trade Agreement (A-UKFTA) came into effect this week, eliminating export costs for some manufacturers sending goods to the United Kingdom. The A-UKFTA eliminates tariffs on over 99 per cent of Australian goods exports to the UK, including exports of wine, honey, nuts, and manufactured…
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