Wollongong-based energy storage startup Green Gravity has branched out into India, signing a Memorandum of Understanding (MoU) with TEXMiN, one of India’s four Technology Translation Research Parks. According to a statement from the Australian company on Monday, the signing covers a collaboration exploring the potential of gravitational energy storage systems – Green Gravity’s core business…
By Bruce Mountain, Victoria University Two years ago, Snowy Hydro announced a reset for its troubled Snowy 2.0 giant pumped hydro project amid cost blowouts. The supposed final cost was A$12 billion. Last week, Snowy Hydro acknowledged this figure was no longer viable after a cost reassessment. I estimate the final cost will be well…
Sell & Parker, a company founded in 1966 and with a heritage in steel recycling, has been awarded a $28 million grant from the state government to support the building and operation of a new renewables manufacturing hub in Western Sydney. According to a statement from the NSW government on Wednesday, the new site has…
Grid-scale battery energy storage business Pacific Green has received a planning permit from the state government to build the planned gigawatt-scale Portland Energy Park, Victoria. According to a statement from the company on Monday, the project will be its second battery energy park in Australia, and located on Madeira Packet Road, near both the Portland…
Federal government lowers fees for offshore wind developers The federal government said on Tuesday that it’s “cutting financial burdens and red tape for offshore wind development”, and for the next two years will reduce application fees for transmission and infrastructure licences from $300,000 to $150,000. According to a statement from energy minister Chris Bowen, fees…
Green Gravity, a company seeking to use legacy mineshafts to store and release renewable energy, has signed an MoU with Wollongong City Council which the pair say “aims to position Wollongong and the broader Illawarra as a hub for world-leading clean energy solutions.” According to a statement from Green Gravity on Thursday, the MoU covers…
The NSW government has announced a new Renewable Energy Skills Legacy Program, which it says will benefit regional workers and students in the Central-West Orana Renewable Energy Zone (REZ.) According to a statement on Friday, the $2.9 million program will provide “training, jobs and inclusive opportunities” by delivering training, apprenticeships and career pathways related to…
Solar module maker Tindo Solar was recently awarded $34.5 million in federal government support. Here CEO Richard Petterson answers criticism about assistance to local companies in terms of the “potential unfair advantage” enjoyed by other nations selling into Australia. The big news in renewables last week was the government’s $34.5 million commitment to domestic manufacturing…
Sponsored Engineers Australia’s flagship event, the Climate Smart Engineering Conference 2025 (CSE25), is heading to Adelaide for the first time this August 27 to 28 – and it couldn’t come at a more urgent time. With Australia’s climate challenges intensifying, this year’s theme, Resilience engineered: solutions for our climate reality, cuts to the heart of…
By Magnus Söderberg, Griffith University Building a solar farm in Australia is getting about 8% cheaper each year as panel prices fall and technology improves, according to an official new report. Battery storage costs are falling even more sharply, dropping 20% over the past year alone. But the same can’t be said for wind farms,…