Energy

Xpansiv, the market-infrastructure platform for environmental commodities, announced an agreement to acquire Evolution Markets, a top brokerage firm in carbon, renewable, and energy markets. The combined entity will benefit from Evolution Markets’ base of over 2,000 clients, including the largest energy firms, corporations, utilities, and financial institutions.

In a world first – Rinnai Japan has successfully developed a Continuous Flow hot water system for the domestic market, which uses 100% hydrogen combustion technology, and features zero carbon emissions.

Further to the announcement of its strategic partnership with and investment from SKC on 26 January 2022, Nexeon, a battery materials developer and manufacturer has completed the second close of its fundraise resulting in a total investment of $170m. A further $50m of investments is being made in Nexeon’s technologies as a result of the investment round.

The new $10m Waste to Energy – Bioenergy Fund gives commercial and industrial firms across a wide range of sectors a big leg up when it comes to helping to save the planet. The fund will support projects that create renewable energy from organic waste, that is to say, bioenergy. Energy types created in this way can include valuable commodities like electricity, heat, gas or liquid fuel. The program will support recipients to handle waste in an environmentally friendly way while reducing their operational costs, including energy bills.  

ACT households are now a step closer to affordable energy independence, thanks to award-winning energy retailer Nectr launching Solar and Solar + Battery energy bundles. Currently, the ACT Government provides generous solar and battery rebates – as well as financial incentives – to cut the cost of installing solar power systems and home energy storage.

On July 21, 2022 BYD JAPAN Inc., a branch of BYD Company Limited in Japan, held a brand conference in Tokyo, marking BYD's official entry into the passenger vehicle market in Japan. Three BYD models debuted at the conference - BYD ATTO 3, BYD DOLPHIN, and BYD SEAL.

Alsym™ Energy, a developer of next-generation rechargeable batteries, announced that Alsym and Synergy Marine, in collaboration with Nissen Kaiun, Japan, will develop applications specific to the marine shipping industry using Alsym’s high-performance, low-cost technology. Singapore-based Synergy Marine is a global ship management services provider, currently managing more than 500 vessels. Greenhouse gases from ships are predicted to make up 17% of total global emissions by 2050 if the industry does not accelerate efforts to electrify.

A new poll commissioned by the Institute of Public Affairs, reinforces that a majority of Aussies want proven solutions to solve the Great Energy Crisis, and this includes building new coal-fired power stations.

With Australia having the highest global uptake rate of solar energy generation, one Aussie startup is determined to position the country’s solar sector as a world leader in the circular economy. The Solar Recovery Corporation is focused on diverting end-of-life solar panels from landfill to recover valuable materials from them for remanufacture and repurposing.

One of Australia’s largest proposed ‘green data’ storage facilities has been announced for the Moreton Bay region in a step forward for Queensland’s renewable and digital economies. Acting Premier and Minister for State Development Steven Miles said Queensland-based renewables investor Quinbrook Infrastructure Partners had gained council planning and FIRB approvals for its Supernode complex in Brendale.