Relectrify gives second life to EV batteries

Melbourne battery control technology company Relectrify today announced the release of its commercial & industrial (C&I) energy storage systems based on its BMS+Inverter technology. The modular 120kWh systems are made from second-life electric vehicle (EV) batteries – cells that have been retired after use in electric vehicles. Relectrify’s life-extending BMS+Inverter technology results in up to…

PPK Group looks to divest mining equipment business, focus on technology

Technology commercialisation business and mining equipment manufacturer PPK Group has suffered a drop in profit as the company continues to aggressively expand its portfolio of businesses. The company reported today earnings before interest tax amortisation and depreciation of $924,000 in the first half year, down from a profit of $3.1 million. Total revenues were hit…

‘I choose green hydrogen’ (and steel) by Andrew Forrest – his Boyer lecture in full

Fortescue Metals Group founder Andrew Forrest stunned investors when he committed to massive investments in green hydrogen and green steel production in his recent Boyer lecture. Here is the full text of this landmark speech. The Boyer lectures are traditionally lectures – a speaker lecturing Australia about what it should do. I’ve chosen a different…