Clean energy company MGA Thermal has secured an additional $5.7 million in funding, taking its recent funding round total to approximately $14 million. The company, which is demonstrating the scale and industrial capabilities of its thermal energy storage systems, was supported by returning investors including Main Sequence, Melt Ventures and new investor JEKARA. The funding…
Sydney’s biggest water storage behind Warragamba dam, Lake Burragorang is proposed as the site for a pumped hydro project that could generate enough electricity to up to 500,000 homes and businesses. ZEN Energy is proposing to turn degraded coal industry land at Nattai on the escarpment above the lake into a 1,000 megawatts (1GW) Western…
A new report has identified potential economic benefits from manufacturing above the generalised calls for Australia to become a renewables superpower. The report from the Australian Manufacturing Workers Union (AMWU), the Climate Action Network Australia, and the UTS Institute for Sustainable Futures lays out the opportunities and actions required to stake out Australia’s value-added future.…
Mining and green technology manufacturer Fortescue has officially opened its electrolyser manufacturing facility in Gladstone, Queensland – one of the first globally to house an automated assembly line (pictured). The 15,000sqm advanced manufacturing facility, constructed in just over two years, will have capacity to produce over 2GW of Proton Exchange Membrane (PEM) electrolyser stacks annually.…
By Simon Wright, Charles Sturt University Connecting cheap, clean energy from renewables comes with a hidden cost and challenge: building 5,000 kilometres of new transmission lines this decade, and another 5,000km after that. This sounds like a lot, but 5,000km is only around 10% of the existing grid network, and unlocks more than 32 gigawatts…
5B, a Sydney-headquartered designer of prefabricated, relocatable solar PV systems, is deploying a 26 megawatt solar farm using its Maverick blocks at Bellevue Gold’s gold mine in Western Australia, which will form part of an 89.7 megawatt hybrid power station. The off-grid facility includes 528 5B Maverick arrays, and the combined wind, solar, thermal generation…
Oil and gas developer Lion Energy has obtained development approval from the Queensland State Assessment and Referral Agency for its hydrogen generation and refuelling hub in the Port of Brisbane. The government’s approval represents a key milestone for the project, which will now proceed to the construction phase. Lion understands that only a handful of…
The federal government has long promised that renewables will bring prices down, notwithstanding the recent period of global inflation – and today there is the first evidence that prices may doing just that. Today’s release of the draft Default Market Offer (DMO) shows the retail energy bill benchmark stabilising and trending downwards, according to Climate…
Electrical manufacturer Ampcontrol has signed a Power Purchase Agreement (PPA) linking electricity used by its NSW sites with renewable sources to offset operating emissions. The move to renewable electricity further aligns business operations to Ampcontrol strategy and sustainability goals, according to the company. Ampcontrol has signed a 10-year Agreement with energy provider Flow Power to…
By Magnus Söderberg, Griffith University and Phillip Wild, Griffith University Building transmission lines is often controversial. Farmers who agree to host new lines on their property may be paid, while other community members protest against the visual intrusion. Pushback against new lines has slowed development and forced the government to promise more consultation. It’s not…
