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Supply Squeeze Dangers Are Pushing Lithium Higher and Higher
Winter season Olympics curbs in China, to pandemic-related labor shortages in Australia.
That's readied to ratchet up the squeeze on EV manufacturers after a year
Jan 12, 2022 // Markets & Finance News, China, Asia, lithium, Alice Yu, Jessie Cai
Fortescue begins structure hydrogen electrolyser plant that will double international manufacturing
take care of US-based Plug Power to produce its modern technology in Australia.
FFI states the electrolyser facility will have an initial capacity of 2
Feb 28, 2022 // Plants, Australia, queensland, Oceania, Fortescue Future Industries, Julie Shuttleworth, Gladstone
SMA Solar's 2021 inverter sales drop because of chip shortage
as 18% from the Asia-Pacific area, with the United States, Germany and also Australia being its primary markets.
Regardless of the less than expected outcomes for
Apr 1, 2022 // Markets & Finance News, Inverters, sma solar technology, Jürgen Reinert, covid-19, semiconductor shortage, sma solar, inverter supplier, semiconductor chip
Gigawatts of solar PV, energy storage breakthrough in Indonesia as Singapore interconnector strategies gather pace
underway to know a project that will certainly export clean electricity from Australia to Singapore via a subsea cable that will travel through Indonesia. Sun Cable,
Apr 19, 2022 // Markets & Finance News, Asia, ib vogt, Singapore, Indonesia, rfp, joint venture, Anton Milner, renewables export, Quantum Power Asia, Simon Bell
SunDrive accomplishes 26.41% effectiveness with copper solar cell modern technology
area for the organized production center has not been identified, Allen stated Australia has most of the ingredients needed to host a solar manufacturing market.
"We
Nov 8, 2022 // Technology, Australia, solar cell, Oceania, efficiency, SunDrive
Sicona Safeguards AU$ 3.7 M to Expand Battery Materials Tech
Australian firm Sicona Battery Technologies Pty Ltd has actually elevated AU$ 3.7 million in a pre-Series A financing round from leading investors to scale battery products innovation around the world.
This most current capital injection follows the company's $1 million seed round in July 2020, the honor of a $704k 'Accelerating Commercialisation' Grant by the Australian Federal Government in November 2020, as well as Sicona's involvement in the prominent Startmate accelerator in its Summer 2021 climate technology accomplice.
The financing round was led by global endeavor firm Artesian and US-based Riverstone Ventures, an associate of Riverstone Holdings, with significant participation by Chaos Ventures (New York), Bandera Capital (Australia), SDGx Ventures (Singapore), and numerous noticeable Australian climate-tech capitalists and international battery products specialists.
Sicona, founded in June 2019 by Christiaan Jordaan and also Andrew Minett, is establishing next-generation battery technology utilized in the anodes (adverse electrodes) of lithium-ion batteries that enables electrical mobility.
Sicona is commercialising cutting-edge silicon-graphite composite battery anode as well as binder process technology and also products, established and also perfected over the last 10 years at the Australian Institute for Innovative Materials (AIIM) at the University of Wollongong.
Sicona's existing generation silicon-graphite composite anode products supply 50% to 100% greater capability than traditional "graphite-only" products and as a result, its cell manufacturer customers can unlock greater than 50% greater cell energy density than current Li-ion batteries thereby boosting electrical vehicle variety whilst lowering the cost as well as the time it requires to charge.
According to a current report prepared by Accenture for the Future Battery Industries Cooperative Research Centre (FBICRC), of which Sicona is an associate individual, diversified battery industries might add $7.4 billion annually to Australia's economic climate as well as assistance 34,700 jobs by 2030.
Among the six opportunities recognized in the report for Australia to expand its presence throughout the battery value chain is the establishment of "active materials making capability to offer the global worth chain". Sicona specifies that it can satisfy this duty well as it has strategies to establish residential commercial-scale innovative manufacturing of its next-generation energetic anode materials.
The international lithium battery chance is proliferating with more than 4TWh (comparable to 4,000 gigawatt sized factories) of introduced cell production needing in excess of four million tonnes of anode products per year.
From its Australian base, Sicona also has its eyes set on releasing commercial-scale production plants in Europe and The United States And Canada.
Sicona owner and CEO Christiaan Jordaan stated: "We are incredibly happy for the assistance from our growing global financier base. Our next landmark is the appointing of Sicona's pilot manufacturing plant at our site in Wollongong as well as leveraging its larger-scale manufacturing ability to qualify our products with worldwide battery manufacturers and conduct larger-scale battery testing programs."
Kevin Wang, Vice President at Riverstone Holdings, claimed: "We are thrilled to sustain Sicona with this financing round as it is looking to scale its ground-breaking battery materials modern technology and also leverage its successes right into the fast-growing markets developing for lithium-ion batteries in Europe and the United States."
Aug 12, 2021 // Markets & Finance News, Storage, Australia, Oceania, Christiaan Jordaan, Kevin Wang, Riverstone Holdings, Sicona Battery Technologies Pty Ltd
Finance ROUND-UP: CleanCapital’s US$300m, Fotowatio’s loan, Soltage’s 200MW push
July: A 67.8MW, PPA-backed project by Fotowatio Renewable Ventures (FRV) in Australia has secured financial backing from top banks.
The Goonumbla scheme
Jul 22, 2019 // Markets & Finance News, CleanCapital, KDC Solar, C&I, Credit Suisse, BlackRock
Zen Energy Secures $28M Investment from Taiwan’s HD Renewable
Australian power retailer Zen Energy has secured an AUD 43 million (USD 28.1 million) investment from Taiwan's HD Renewable Energy. In exchange for its investment, HD Renewable will acquire 9.7% of Zen Energy's newly issued ordinary shares, valuing the company at AUD 443 million post-transaction. This partnership is aimed at advancing energy storage and green hydrogen projects.The collaboration will focus on developing projects in Australia, Taiwan, and potentially Japan. This partnership follows a cooperation agreement signed earlier this summer, targeting the development of renewable hydrogen and energy storage initiatives, alongside commitments for up to 500 MW of energy offtake.
What are the implications of Zen Energy's partnership with HD Renewable Energy for the industry?
The partnership between Zen Energy and HD Renewable Energy carries several implications for the renewable energy industry, particularly in the realms of energy storage and green hydrogen. Here are some key points to consider:
Enhanced Investment in Renewable Technologies: The significant investment from HD Renewable Energy showcases growing international confidence in Australian renewable energy projects, potentially attracting more global investors to the sector.
Boost to Energy Storage Capabilities: With the collaboration focusing on energy storage solutions, there could be advancements in battery technologies and energy management systems, essential for optimizing and stabilizing power supply in renewable networks.
Accelerated Green Hydrogen Development: The partnership emphasizes the importance of green hydrogen as a clean energy carrier, likely leading to increased research, pilot projects, and scalable solutions in hydrogen production, contributing to Australia's position as a leader in this emerging market.
Opportunities for Cross-Border Collaboration: The geographical focus on projects in Australia, Taiwan, and Japan fosters greater international collaboration in renewable energy innovation, knowledge sharing, and technology transfer across borders.
Creation of New Job Opportunities: As projects develop and expand, this partnership may create a variety of jobs within the renewable energy sector, from engineering and technical roles to project management and operations, thereby contributing to local economies.
Strengthening Regional Energy Supply Security: By developing energy storage and hydrogen projects, this collaboration could enhance energy resilience and independence in the regions involved, reducing reliance on fossil fuels.
Support for Policy and Regulatory Frameworks: Collaborative projects may stimulate discussions around supportive policies and regulations for renewable energy technologies, encouraging governments to create environments conducive to further investment and development.
Potential for Innovative Business Models: The partnership may lead to the emergence of new business models in renewable energy, particularly in how energy is produced, stored, and sold, fostering competition and innovation in the marketplace.
Public Awareness and Acceptance: As projects are rolled out under this partnership, they may help raise awareness of renewable energy solutions among the public, potentially increasing acceptance and adoption of green technologies among consumers and businesses.
Alignment with Global Sustainability Goals: This partnership underscores the alignment of private sector initiatives with wider global objectives such as reducing greenhouse gas emissions, promoting sustainable energy practices, and fulfilling commitments under international climate agreements.
Long-Term Industry Growth Potential: If successful, this partnership could pave the way for future collaborations, setting a precedent that encourages more entities to invest in and partner for sustainable energy initiatives, further driving growth in the renewable sector.
Nov 14, 2024 // Markets & Finance News, Zen Energy
Edify Energy Secures CIS Deals for Hybrid Solar Projects
Energy has secured agreements under Australia’s Capacity Investment Scheme (CIS) for two hybrid solar and battery projects in Townsville, North Queensland.
Dec 16, 2024 // Plants, Large-Scale, Commercial, Storage, Edify Energy, PV Power Plant, Townsville
A new metric to evaluate the economic feasibility of cell efficiency increase
The highest efficiency value is forecasted for such regions as New Zealand, Australia, Japan, Northern and Central Europe, as well as North
Dec 3, 2019 // Technology, Manufacturing News, Commercial, USA, LCOE, North America, PV cell, VOE
Power Ledger introduces new product for management of solar assets
Australia’s p2p energy trading company is launching its new product at a Maddington-based solar plant. The new tracking system is called PPA Vision and is meant for rooftop-mounted PV modules and cross grid power purchase agreement supply arrangements.
The software will allow the 250-kilowatt Western Australian solar array to autonomously manage electricity consumption and generation according to a twenty-year agreement. The blockchain-based system will monitor the power generated, consumed, imported from and exported to electric grid. Such a continuous tracking will help avoid mistakes in calculating revenues. Beside PPA Vision, the environmental attributes product by PL will be utilized at the WA’s solar plant. The product is designed for automated issuance of LGCs and tokenization of them.
PPA Vision is extremely flexible, it allows customization to correspond to governmental and local requirements. Municipal authorities or companies, concluding an agreement with green power generators, will be allowed for direct integration with the platform.
As for power purchase agreements that operate across network, partnership with power retailers will be required. As well, the solution is accessible for integration with a non-utility generator, asset developer, solar plant owner, or embedded electricity network operator.
Read also: PowerLedger review
Jan 15, 2020 // Technology, Markets & Finance News, Software, pv power plants, Western Australia, Power Ledger
RES lands 200MW PV management deal in Oz
services arrangement for the 200MW Sunraysia solar farm in New South Wales, Australia.
Proprietors John Laing [KKR] and also Maoneng delivered the project right
Mar 7, 2022 // Plants, Australia, Oceania, res, grant harris, Oz
Eco Energy World hires new CFO as expansion gathers pace
created 1.3 GW of utility-scale solar PV throughout Europe, the Middle East, Australia and Africa as well as intends to enter the US and also other markets.
Last
Apr 7, 2022 // Markets & Finance News, cfo, Eco Energy World, executive appointments, EEW
AC Energy begin on 283-MW solar park in the Philippines
of attributable capability in the Philippines, Vietnam, Indonesia, India and Australia, with 80% of the total originating from renewable energy
Nov 8, 2021 // Plants, Asia, Philippines, AC Energy, PV Power Plant, Solar Park
Insight takes full ownership of Queensland solar set
in the Oakey 1 (30MW) and Longreach (17MW) solar farms in Queensland, Australia.
The business had actually acquired a 49% risk in each farm in December 2017
Jan 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, solar farm, Foresight Solar Fund Limited