A new way for businesses to access EV charging is set to roll out nationally, with a new business model supported by the Australian Renewable Energy Agency (ARENA). Melbourne-based EV charging company JET Charge has launched the $24.9 million Charging as a Service Project, offering a new way for fleet operators to pay for EV…
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By Peter Roberts Fortescue plans to make a final investment decision in December on its ambitious plans for large scale hydrogen electrolysers to be sited at Incitec Pivot’s Gibson Island plant in Brisbane. The company issued a statement that US supplier Plug Power was preferred supplier for the proposed 550 MW (megawatt) PEM (proton-exchange membrane)…
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Manufacturing technology developer Phasio has raised $3.8 million in a seed round, led by AirTree Ventures, to accelerate development of its software platform and interface supporting manufacturing productivity. Among those contributing to the round include 500 Global, Entrepreneur First, Michael Sorkin’s Gattaca Ventures. Co-founded by Australian entrepreneur, Harry Lucas and ex-CSIRO researcher, Sudharshan Raman, Phasio…
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Timberlink subsidiary NeXTimber has pressed its first Cross Laminated Timber (CLT) panel at its facility at Tarpeena in South Australia. According to the company, this marks another significant milestone in the construction of Australia’s first combined CLT and GLT (Cross Laminated Timber and Glue Laminated Timber) radiata pine mass timber facility. The newly commissioned CLT…
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Electrical engineering manufacturer Ampcontrol has unveilled a 100 percent Renewable Hydrogen Integrated Stand-alone Power System (HiSAPS) at the company’s factory at Ringwood, Victoria. Powered by solar energy, the system incorporates technology from Ampcontrol, an Australian designed and manufactured Selectronic battery inverter and the Australian made LAVO self-contained hydrogen power system. The project is the first…
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The Australian Bureau of Statistics’ Monthly Business Turnover Indicator has shown improvement in eight of 13 industries tracked for the month of August, with the biggest jump coming from manufacturing. The indicator, launched in 2021 and tracking figures from companies that submit Business Activity Statements (BAS) monthly, recorded a 6.4 per cent rise for manufacturers…
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Nova Systems appoints Dean Rosenfield as CEO Defence engineering firm and consultancy Nova Systems has appointed Dean Rosenfield as CEO, following the departure of Jim McDowell to the role of Deputy Secretary Naval Shipbuilding and Sustainment. Rosenfield is an experienced senior business leader with over 20 years working the defence industry. Prior to joining Nova,…
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By Tony Wood, Grattan Institute Australia has a legislated target to reduce greenhouse emissions, a federal government with commitments to increase the share of renewable electricity and reduce power prices, and a globally important economic opportunity at its feet. In the second half of the government’s current term, delivery looks hard across the board. All…
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Wide Open Agriculture is expanding to Europe and at the same time becoming the world’s largest producer of lupin protein utilised in non-meat, high protein foods. The company has purchased German lupin producer Prolupin GmbH for $4.1 million, opening up opportunities for WOA to manufacture its Buntine protein in Europe. The Kewdale, Perth producer plans…
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US-based outdoor equipment company Clarus Corporation has acquired TRED Outdoors from Venlo Holdings, with TRED products to remain made in Australia. TRED was established in 2012 in Brisbane, and manufactures off-road and camping equipment, including the TRED recovery board (pictured.) According to a statement on Monday from Salt Lake, Utah-headquartered Clarus, the transaction includes “a…
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