Fortescue Metals Group has announced the formation of a new green energy investment accelerator platform Fortescue Capital, headquartered in New York City. The company named Robert Tichio (pictured) as Chief Executive Officer (CEO) and Managing Partner of the group, which it described as the next step in Fortescue’s commitment to deliver green energy projects and…
By Anna Skarbek, Climateworks Centre; Anna Malos, Monash University, and Michael Li, Monash University Every bit of warming matters if we want to avoid the worst impacts for climate change, as the latest report from the Intergovernmental Panel on Climate Change shows. In 2020, we released modelling showing how Australia could get to net zero…
“Carbon leakage” review launched The federal government has opened public consultation on options to help address the risk of carbon leakage and its impact on heavy industries, such as steel and cement. Leakage occurs when industries move from countries with more ambitious emissions reduction policies to those with weaker policies. According to a statement on…
The Australian Renewable Energy Agency (ARENA) has launched the first funding round of a $400 million funding programme to support emissions reduction at existing industrial facilities in regional Australia. The Industrial Transformation Stream (ITS) is part of the Powering the Regions Fund, with ARENA working closely with the Department of Climate Change, Energy, the Environment…
Building products manufacturer Capral Aluminium’s lower carbon aluminium range, LocAl has been recognised at the 2023 Architecture and Design Sustainability Awards as the Green Building Product category winner. In an era where environmental consciousness is rising, Capral’s locally extruded, lower-carbon aluminium stands out for its more sustainable practices and aluminium stewardship, according to the company.…
Queensland is firming a renewable energy future with the delivery of the state’s first renewable energy peaking power plant now officially underway. In a partnership led by publicly owned energy company, CS Energy, GE Vernova will supply hydrogen ready peaking generation units, decreasing future reliance on fossil gas. GE Vernova will supply the equipment for…
Energy storage technology company Green Gravity‘s gravity-operated systems could soon be operating in Europe following the execution of an agreement between the company and Complexul Energetic Valea Jiului S.A. (CEVJ). The companies have executed a Cooperation Framework Agreement to explore the application of Green Gravity’s energy storage technology in seventeen mine shafts on the four…
The Australian Renewable Energy Agency (ARENA) has revealed a huge response under Round 1 of the Community Batteries Funding Program, with more than $3.5 billion of battery deployment projects seeking funding. Opened in April, ARENA’s round received 140 eligible applications across all states and territories, with a total grant request of $1.3 billion – more…
Ark Energy has released images of the ceremony marking the groundbreaking for its planned green hydrogen hub in Townsville, Queensland. Townsville state MP Scott Stewart, Mayor Jenny Hill, partners, suppliers, contractors and key stakeholders joined company executives to celebrate the start of construction of Stage 1 of SunHQ H2 Hub. According to Ark Energy: “So…
Low carbon industrial technology developer Calix has deepened its involvement in Direct Air Capture I(DAC) of carbon dioxide, signing a global licence agreement for its technology. Calix’s subsidiary Leilac will work exclusively with Heirloon Carbon Technologies in DAC applications, with Leilac’s technology to be used in all future Heirloom DAC facilities. Leilac’s externally heated calcination…