Austal on a roll with new US orders

Perth shipbuilder Austal (ASX: ASB) has continued its run of successes with a $369 million contract to supply two Expeditionary Fast Transport Ships (EPF) the U.S. Navy. This extends the company’s contracts for the twin-hulled vessels to 2022 and will bring to 14 the number in service providing lofistics support. The EPF, one of two…

Renewable thermal solution provides green alternative for gas-hungry industries

By Andrew Spence A novel blend of old and new technology is helping Australian researchers combine renewable energy and low-cost thermal storage to deliver heat for industrial processes. Developed at the University of South Australia in Adelaide, the method involves using low cost renewable energy such as wind or solar PV to power electrical elements that heat rocks in…