Convergence Medical appoints new advisor Surgical robotics startup Convergence Medical, which announced a $US 5 million Series A round last month, has added Dr Kevin Plancher to its team as a strategist and advisor. In a statement from the company on Linkedin, the orthopaedic surgeon was quoted as saying “I am looking forward to working…
Innovative solar cell manufacturer SunDrive has announced a major milestone, with the company hitting a copper plating production yield of >99 percent at its commercial pilot production facility in Kurnell, Sydney, with those cells being turned into modules. At the same time SunDrive and aluminium manufacturer Capral entered into a MoU to develop a supply…
Fortescue has been awarded $10 million in funding from the Australian Renewable Energy Agency (ARENA) to develop a six megawatt (MW) fast charger test unit aimed at the mining industry. The project involves building, testing and validating multiple test unit chargers with the aim to deploy the first production 6MW charger by the end of…
Vast Renewables has signed a funding agreement to access up to $30 million of its existing $65 million grant from the Australian Renewable Energy Agency (ARENA) to progress its concentrated solar thermal power (CSTP) projects in Australia and internationally. Vast’ manufactures equipment at its Queensland facility, with ARENA’s funding to see the NASDAQ-listed company scale…
CSIRO venture FPR Energy has secured $15 million in seed funding to commercialise next generation solar thermal technology that will help reduce industrial emissions, which account for 20 per cent of Australia’s annual carbon footprint. The company was launched in collaboration with advisory and funds management firm RFC Ambrian and utilities business Osaka Gas, raising…
The Treasurer Jim Chalmers and the Minister for Industry and Science Ed Husic have announced the establishment of an Investor Council to help unlock more private sector capital in key areas like housing and cleaner and cheaper energy. An outcome of an Investor Roundtable on Friday, the council support better coordination of investment in national…
Industrial process technology company Calix has been recognised at the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, winning the Net-Zero Industries Award for Outstanding Project with its zero-emissions steel technology. Calix’s Zero Emission Steel Technology (ZESTY) was celebrated for its “success and potential as a lowest-cost solution to green iron and steel production”,…
Federal funding bodies supporting energy and industrial transformation should direct more funds towards early stage R&D to support innovation according to a new report from the Centre for Policy Development. The report – Ideas to industries: How to get the most out of public money for industrial development – said most of the funds from…
Food manufacturer Mars Incorporated has announced that its Wodonga, Victoria pet food manufacturing facility will become the first large-scale steam-based manufacturing site in Australia to be powered 100 percent by renewables. The company will complete by 2026 the $39.3 million Mars Wodonga Solar Thermal Plant, including the installation of an 18-megawatt Parabolic Trough Concentrated Solar…
Ground has been broken in Wodonga, Victoria today on one of Australia’s largest renewable hydrogen plants – a facility that is predicted to cut CO2 emissions by around 4,000 tonnes each year from 2025. Owned by Australian Gas Infrastructure Group, the 10MW Hydrogen Park Murray Valley facility will deliver renewable hydrogen to more than 40,000…
