University of Wollongong spinout business Hysata officially opened its new 8,000 square metre global headquarters and factory in Port Kembla and was awarded over $23 million in government support on Monday as it progresses its high-efficiency electrolyser towards commercialisation. The company, which closed a $42.5 million Series A round in August last year, said it…
Concentrated solar power company (CSP) Vast has announced a partnership with Spanish engineering company CYD to model molten salt tank performance as the VS1 project progresses. VS1 is a 30 megawatt/ 288 megawatt hour CSP project in Port Augusta, South Australia, using Vast’s proprietary, modular tower CSP v3.0 technology and designed to have over…
The Western Australian government has awarded remote energy generation company Pacific Energy $2.4 million in funding through the Investment Attraction Fund, which the company says will be used to strengthen its renewable energy division’s manufacturing operation and diversify the state’s economy. Pacific Energy said in a statement on Tuesday that the grant recognises its “ability…
By Peter Roberts The Queensland government has celebrated further progress on two of what the state says are two of more than 50 green hydrogen projects currently underway across the state. The progress in Queensland, and other states, confirms that exports of green hydrogen and ammonia promise a new commodities boon, though this time of…
Cleanaway Waste Management will acquire waste cooking oil collector and preprocessor Australian Eco Oils for $39 million. In FY24 the oils business is expected to generate annualised EBITDA profit of around $6 million. Operating throughout NSW, Queensland and Victoria, the company operates under the Scanline brand, and claims the most advanced collection technology, including containers,…
An area covering 1,854 square kilometres off NSW’s Hunter region was declared suitable for offshore wind development by the federal government on Wednesday. According to a statement from the department of energy, the zone is 20 km from the coast in the north and over 35 km from the coast in the south and has…
In a world-first, Adelaide-based Glaciem Cooling Technologies has deployed its groundbreaking energy-efficient refrigeration solutions to help leading Australian retailer Coles reduce CO2 emissions in line with its sustainability ambitions. The company today demonstrated how it can provide large industrial and commercial businesses with heating and cooling solutions that support decarbonisation by installing the company’s unique…
The Australian Gas Infrastructure Group (AGIG) has reached financial close on its Hydrogen Park Murray Valley development in Wodonga, Victoria (pictured). This comes after more than $51 million in government support was announced for the construction and operation of a 10MW electrolyser which will be eight times larger than the biggest electrolyser currently operating in…
The Australian Renewable Energy Agency (ARENA) will invest $30 million to support development of a domestic sustainable aviation fuel (SAF) industry based on conversion of agricultural feedstocks. Announcing the programme the Minister for Climate Change and Energy Chris Bowen said that a homegrown SAF industry could help decarbonise the hard-to-abate aviation sector and create thousands…
Weld Australia and the Australia Institute’s Centre for Future Work will host Manufacturing the Energy Revolution: Industrial Opportunities from Renewable Energy on August 2 and 3, an event focussing on the challenges and opportunities presented by decarbonising the nation’s energy supply. The legislated emissions reductions targets of 43 per cent (on 2005 levels) by 2030…
