FDI project numbers from China into the EU are on a downward trend, but Europe is still a popular destination for Chinese investment.

South Australian energy storage company 1414 Degrees and Stone & Wood Brewing Company have agreed to undertake a feasibility study for the integration of 1414 Degrees’ electrically charged Thermal Energy Storage System (TESS-IND).

The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government, has announced up to $40 million in funding towards the deployment of a pumped hydro energy storage (PHES) project in South Australia.

The Clean Energy Regulator of Australia has approved enough capacity to guarantee that the large-scale Renewable Energy Target of 33,000 GWh of additional renewable energy will be met in 2020.

France’s Neoen SA has outlined plans to build a giant renewables complex in South Australia, including battery storage with up to nine times more capacity than the Tesla Inc. design at its nearby Hornsdale plant, which is billed as the world’s largest lithium-ion battery.

Renewables firm Pangea Energy and vanadium battery producer CellCube have signed on to build a 50MW storage system alongside a solar farm in South Australia.

Prime Minister Scott Morrison’s surprise victory in Australia’s election was a win for the coal industry and ensures the debate about tackling climate change will continue to polarize the nation.

The Clean Energy Regulator of Australia has approved enough capacity to guarantee that the large-scale Renewable Energy Target of 33,000 GWh of additional renewable energy will be met in 2020.

In an Australian first, Origin will install a 4-MW/4-MWh grid scale battery at its Mt Stuart Power Station in Townsville. Mt Stuart Power Station is a 414-MW open cycle gas power station, designed to supply electricity at times of peak demand and is the largest such facility in North Queensland. In the U.S., these plants are called “peakers.”

Earlier this week SIMEC ZEN Energy announced details of the first of many planned renewable energy projects for South Australia. The Cultana Solar Farm, a 280-MW solar power plant expected to generate 600 GW-hours of energy annually in Australia’s sunny climate is expected to begin construction in early 2019 according to details in a press release.

Prime Minister Scott Morrison’s surprise victory in Australia’s election was a win for the coal industry and ensures the debate about tackling climate change will continue to polarize the nation.

Korean biopharma company, PharmAbcine, is commencing full-scale clinical trials of a brain cancer treatment in the United States, following pioneering early phase trials in Australia.

Toronto-based Hydrostor Inc., a leader in advanced compressed-air energy storage (A-CAES), has announced a A$30 million technology demonstration project at the former Angas Zinc mine in Strathalbyn, Adelaide.

The Boeing Company is set to design and build a large, military unmanned air vehicle (UAV) in Australia, with the first flight set for 2020. The Australian government will invest A$40 million in the project.

Aged care in Australia is set for a digital boost after a Japan–Australia IT group signed a memorandum of understanding (MoU) with Australian universities to solve social challenges common to both countries.

Praxis Precision Medicines has chosen Australia to be its Asia-Pacific headquarters and research and development (R&D) centre.

Austrade has launched a digital health website showcasing Australia as an ideal location for developing, testing and launching the next generation of digital medical technologies.

Naval shipbuilder Navantia Australia, a subsidiary of Spain-based Navantia S.A., has opened a new design and engineering centre in Melbourne.

A 200-hectare commercial wet-season cotton crop has been planted in Western Australia’s Ord Irrigation Scheme.

Sunbirds, a Toulouse-based startup has set up an office, assembly workshop and maintenance centre in Brisbane, Queensland. The office provides drone packages and drone-as-a-service solutions to surveyors, cattle stations and environmental monitoring companies. Australia is emerging as a hub for Agriculture 4.0 – the next generation of technologies set to revolutionise the agriculture and food sectors.

Japanese chemical giant Sumitomo Chemical group has spent approximately ¥15 billion (A$177 million) on Botanical Resources Australia, a Tasmanian pyrethrum business.

A Chinese fund has invested A$45 million to accelerate the development and commercialisation of translational health and medical research outcomes from South Australia. The investment will enable researchers from the University of Adelaide, University of South Australia, the state’s hospitals and other institutions to develop proof of concept, undertake clinical trials, and bring new drugs and technologies to the global market.

Political deadlock over Australia’s clean energy future is prompting companies such as Vestas Wind Systems A/S and Acciona SA to increasingly turn to rival markets for growth.

Australia’s largest electricity producer committed to close its coal-fired power plants within 35 years as part of an effort to cut the nation’s dependence on the fossil fuel.

Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.

Marine hydrokinetics (MHK) company BioPower Systems (BPS) reports it deployed its 250 kW bioWAVE pilot demonstration unit, Dec. 16, in the Southern Ocean off the southeastern coast of Australia near Port Fairy, Victoria.
 

Renewables firm Pangea Energy and vanadium battery producer CellCube have signed on to build a 50MW storage system alongside a solar farm in South Australia.

Prime Minister Scott Morrison’s surprise victory in Australia’s election was a win for the coal industry and ensures the debate about tackling climate change will continue to polarize the nation.

Genex Power Limited has signed a share subscription agreement (SSA) with Electric Power Development Co Ltd, trading as J-POWER, for a conditional investment of up to AUD$25 million (US$17.5 million).

South Australian energy storage company 1414 Degrees and Stone & Wood Brewing Company have agreed to undertake a feasibility study for the integration of 1414 Degrees’ electrically charged Thermal Energy Storage System (TESS-IND).

The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government, has announced up to $40 million in funding towards the deployment of a pumped hydro energy storage (PHES) project in South Australia.

France’s Neoen SA has outlined plans to build a giant renewables complex in South Australia, including battery storage with up to nine times more capacity than the Tesla Inc. design at its nearby Hornsdale plant, which is billed as the world’s largest lithium-ion battery.

U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.

Humans are causing irreversible damage to the planet from burning fossil fuels, the biggest ever study of the available science concluded in a report designed to spur the fight against climate change.

For the past two months, the flagship of the Royal Australian Navy ― the 28,000 tonne HMAS Canberra ― has provided a platform to promote some of Australia’s leading defence and humanitarian technologies and services to our neighbours in the Indo-Pacific.

Austrade recently held a number of roundtables in Melbourne, Brisbane, Newcastle and Perth to update Australian SMEs and industry groups about the export opportunities in Poland’s defence and aviation sectors.

Korea’s thriving startup ecosystem offers rich opportunities for Australian entrepreneurs to develop and grow their business in one of the world’s most technologically advanced nations.

Austrade has strengthened its partnership with Australia’s cyber security Industry Growth Centre, AustCyber – enhancing support for Australia’s cyber security ecosystem.

Australian food and agribusinesses are boosting exports to Japan by opening overseas premises that directly serve Japanese customers.

Australian fresh fruit producers can take advantage of newly approved local cold treatment facilities and increased flights to boost exports to the Philippines.

Austrade has partnered with the NSW Government to deliver one of the largest business missions from Guangdong Province ever to visit Australia.

The US defence market remains the world’s largest and can be a lucrative export market for Australian industry.

The second China International Import Expo (CIIE) attracted a record number of Australian companies and generated more than $350 million worth of trade deals for exporters.

Developers across Asia are seeking innovative solutions to help them create more liveable and environmentally sustainable cities, opening up opportunities for Australian designers, constructors and building operators.

South Australia Minister for Trade, Tourism and Investment, David Ridgway, recently hosted a roundtable in Guangzhou to promote the state’s newly launched Landing Pad program.

Queensland-based Capricornia Contact Lens has signed a 10-year strategic distribution agreement with one of China’s leading pharmaceutical and medical equipment distributers, Shenzhen Relin Medicine.

View a listing of all the 'Latest from Austrade' articles for 2020.

Australian miners had a strong presence at this year’s Investing in African Mining Indaba, the world’s largest mining investment event, now in its 26th year.