Energy

The NSW Government has approved the $693 million Copi Mineral Sands Project in the State’s Far South West, in what is being positioned as a major development for Australia’s critical minerals supply chain and the energy transition.

The South Coast is set to become a new manufacturing hub for the next generation of public transport with the creation of a brand-new electric bus manufacturing facility in Nowra. 

Hitachi Energy has delivered the sixth and final 500kV shunt reactor for Transgrid’s HumeLink project, marking a milestone in the development of one of New South Wales’ major transmission infrastructure projects.

The Dulacca Wind Farm in Queensland has begun operations, bringing the state closer to achieving its renewable energy targets. 

The Federal Government is currently deliberating on a renewable superpower strategy, emphasising the transformative potential of a global shift towards net-zero emissions.

Renewable energy technology firm Vast Solar has entered into a Business Combination Agreement with Nabors Energy Transition Corp. (NETC) valued at $586 million – a deal that will result in Vast listing on the New York Stock Exchange while remaining headquartered in Australia.

Deep Wind Offshore and bp have created a joint venture to explore offshore wind prospects in South Korea.

The NSW Government announced an additional $225 million investment aimed at expanding low-carbon manufacturing across the state, supporting local production, attracting private investment and creating skilled jobs.

The Australian Renewable Energy Agency (ARENA) has launched a funding round of up to $250 million to support solar manufacturing and technology development in Australia, targeting equipment and processes designed to reduce the cost and complexity of building large-scale solar farms.

The NSW Government has announced a $52 million investment aimed at strengthening the state’s renewable manufacturing sector, with the funding expected to unlock more than 100 construction jobs and create 67 ongoing positions.