Due to a lack of state government support, Australian mineral exploration company Province Resources has shelved its multi-gigawatt solar and wind-powered green hydrogen project in Western Australia, HyEnergy.
Plans for a 50GW hybrid solar PV and wind project in Western Australia have progressed with project developers Western Green Energy Hub (WGEH) and the Korea Electric Power Corporation (KEPCO) having signed a new collaboration agreement yesterday (2 September).
Analyst firm BloombergNEF has cautioned that Australia requires around A$2.4 trillion (US$1.6 trillion) investment to reach net zero, with solar PV and wind installations to reach 290GW by 2050.
Australian mining giant Fortescue Metals Group has started constructing a US$50 million project in Western Australia. The project aims to harness solar PV to produce green hydrogen, which will be used to create green metals.
Rinnai Australia, owned by Japanese appliance manufacturer Rinnai Corporation, has expanded into the solar PV and energy storage space by acquiring Smart Energy Group.
Green hydrogen and renewable energy developer Climate Impact Corporation (CIC) announced its intention last week (10 July) to develop two 10GW green hydrogen projects in South Australia and Northern Territory using solar PV.
Solar developer Green Gold Energy revealed on Thursday (11 July) that it has received development approval to construct a 108MW solar farm in South Australia.
French renewable energy company Voltalia has signed a framework agreement to develop over 2.5GW of solar PV and wind capacity in Egypt to support green hydrogen production.
