Saturday, May 18, 2024

PM Anthony Albanese reveals ambitious vision for the Australian manufacturing industry

Anthony Albanese has provided key insights into his pre-budget strategy during a recent speech, announcing plans to introduce the Future Made in Australia Act, a framework aimed at boosting investment, creating jobs, and seizing opportunities in key sectors such as renewable energy, advanced manufacturing, and critical minerals.

ARENA, Australian gov’t inject $59M into hydrogen and low emissions iron & steel research

The Australian Renewable Energy Agency (ARENA) announced $59.1 million in funding for 21 research projects aimed at advancing renewable hydrogen and low emissions iron and steel technologies.

1414 Degrees secures access to ElectraNet Transmission Line

In a recent development, 1414 Degrees Ltd announced that its joint venture, SiliconAurora Pty Ltd, in equal partnership with Vast Renewables Limited (Vast), has reached a significant milestone.

Green hydrogen gigafactory opens doors in Queensland’s Gladstone region

Today marks the official opening of a state-of-the-art green energy manufacturing facility in Queensland's Gladstone region, emphasising the government’s delivery of a Future Made in Australia.

Pacific Energy acquires Australia’s first public hydrogen refuelling station

Pacific Energy, Australia’s foremost provider of green hydrogen production and refuelling facilities, announced the acquisition of the Canberra Hydrogen Refuelling Facility from ActewAGL.

NOVONIX awarded USD 103M in tax credits by US gov’t for battery materials production

Novonix, an ASX-listed manufacturer of battery materials and technology, has been chosen by the US Department of Energy (DOE) to receive a USD 103 million (AUD 159 million) tax credit under the Qualifying Advanced Energy Project Allocation Program.

SiBox testing completed, 1414 Degrees moves toward commercialisation

1414 Degrees announced its relocation to the Tonsley Innovation District following the completion of the demonstration phase of its SiBox thermal energy storage project, marking a significant step towards commercialisation.

Australian resource earnings to steady despite short-term declines

Resources and energy export earnings in Australia are projected to follow long-term trends in the next two years, buoyed by improved supply and a more favourable global economic outlook.

Australian solar PV manufacturing receives $1 billion boost

The Australian Renewable Energy Agency (ARENA) has welcomed a significant injection of $1 billion in funding to catalyse the development of domestic solar photovoltaic (PV) manufacturing capabilities across the entire supply chain.

Queensland rolls out REZ Roadmap for renewable energy future

Queensland has unveiled its Renewable Energy Zone Roadmap (REZ Roadmap), signalling a clear path towards renewable best practices in the state.
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