The energy and resources industry growth centre is to launch GeneratER, a new open innovation challenge aiming to boost SME manufacturers in the energy resources supply chain. With similar programs successful in a wide range of industries, National Energy Resources Australia will launch GeneratER next week in Perth, offering SMEs the opportunity to capture a…
Perth shipbuilder Austal has been awarded a US$44 million ($56.9 million) contract to develop and demonstrate autonomous operation of its Expeditionary Fast Transport (EPF) vessels in service with the US Navy. The company, which has a $2 billion plus contract to build 15 EFP ships for the USN at its yard in Mobile, Alabama, will…
Australia’s textile clothing and footwear industries, one of the principal victims of unfettered and often unfair import competition from China, has been the surprise beneficiary of Covid-19 disruptions, according to new figures from industry analysts IBISWorld. With Chinese exports disrupted Australia’s knitted product manufacturing industry achieved a 13.2 per cent increase in revenue to $90.6…
The federal government has awarded six companies a share in the Government’s $50 million Carbon Capture, Use and Storage (CCUS) Development Fund. Part of a $1.9 billion new energy technologies package announced in the 2020-21 Budget, the government aims to accelerate the development of the technology in Australia, reducing emissions and supporting new economic opportunities.…
Semiconductor technology developer BluGlass has announced an $8 million capital raising to further develop its first direct-to-market commercial laser diode product. The company, which is commercialising its Remote Plasma Chemical Vapour Deposition (RPCVD) production technology, plans a non-renounceable rights issue to current shareholders. The raising comes as the company revealed it was experiencing reliability issues…
Two of Australia’s leading local defence businesses have joined to further opportunities in remotely operated weapons systems (RWS) and ordinance. Weapons and munitions prime contractor NIOA and Canberra RWS manufacturer Electro Optic Systems (EOS) have signed a Memorandum of Understanding to jointly pursue opportunities to enhance and support EOS Remote Weapon Stations and weapon systems.…
Solar photovoltaics (PV) and wind continue to be the cheapest sources of new electricity generation capacity in Australia, even when the integration costs of renewables are included, according to a report released today by CSIRO and the Australian Energy Market Operator (AEMO). Their final 2020-21 GenCost Report, released today estimates the cost to generate electricity…
Australian clean energy storage startup Endua launches today an ambitious plan to manufacture hydrogen-powered energy storage systems to deliver sustainable, reliable and affordable power. Backed by $5 million from CSIRO’s venture division Main Sequence and Ampol, Endua will build modular hydrogen power banks that can drive power loads of up to 150kW in a single…
Graphene technology company Sparc Technologies is to have its products tested in site trials for the adsorption of potentially hazardous per- and polyfluoroalkyl substances (PFAS). The company has signed a memorandum of understanding with environmental remediation company JBS&G to jointly develop and operate a pilot plant testing PFAS adsorption from contaminated ground water and their…
Marine transport solutions provider Global Energy Ventures has begun development of a pilot scale compressed hydrogen (C-H2) ship with a cargo capacity of 430 tonnes of hydrogen, a move bringing the export of green hydrogen to Asia as a replacement for polluting LNG a step closer. The 430 tonne ship will be a scaled down…