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Orica nearly halves GHG emissions of Kooragang Island site

Australian manufacturing giant Orica said it has announced the completion of its Kooragang Island Decarbonisation Project in Newcastle along with the successful commissioning of an Australian-first technology across its three nitric acid manufacturing plants on site. 

ARENA commits $36m to boost renewable energy production in Victoria

The Australian Renewable Energy Agency (ARENA) announced a $36.1 million commitment to the Australian Gas Infrastructure Group (AGIG) for the 10 MW electrolyser deployment in Wodonga, Victoria.

CEFC-backed HydGene Renewables moves Australia one step closer to chemical manufacturing revolution

The Clean Energy Finance Corporation (CEFC) is investing in HydGene Renewables, a new Australian company that has developed an alternative green hydrogen solution that converts biomass into hydrogen while remaining renewable and carbon negative.

CEFC commits $40 million to foster EV uptake in Australia

The Clean Energy Finance Corporation (CEFC) has announced a new $40 million investment to provide discounted finance for the retail Green Car Loan offered by Australian non-bank lender Firstmac to boost electric vehicle uptake in Australia. 

Lithium extraction startup raises $23m to boost production

Novalith Technologies, the creator of a novel lithium extraction process that uses carbonated water in place of sulphuric acid, has raised $23 million in Series A funding to scale up and commercialise its lithium production. 

University of Sydney lists 3 ways to aid $15b National Reconstruction Fund restore...

Transparency, clear priorities, and supporting training and research would help in the Albanese government’s goal “to revive our ability to make world-class products,” says Dr Jarryd Daymond from the University of Sydney Business School.

Massive National Reconstruction Fund Bill gains Senate approval

The Albanese government’s $15 billion National Reconstruction Fund (NRF) is on its way to becoming law after Senate passed the NRF Corporation Bill on Monday. 

ANCA advances precision manufacturing capability with $3m federal funding

ANCA, an advanced tool manufacturing machines supplier, is establishing a new precision manufacturing cell at its Bayswater headquarters with a $3 million investment from the federal government’s Modern Manufacturing Initiative. 

Australia’s clean energy technology manufacturers to receive $500m federal backing

The Clean Energy Finance Corporation has received $500 million in federal funding to boost the commercialisation of innovative clean energy technologies 

Neoen completes financing for its 100 MW / 200 MWh Capital Battery in the...

Neoen, one of the world’s leading producers of exclusively renewable energy, has completed financial close on its Capital Battery, a 100 MW / 200 MWh lithium-ion battery storage facility located next to the Queanbeyan substation near Canberra, in the Australian Capital Territory (ACT).
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.