Business
Whyalla steelworks owner Sanjeev Gupta has sold his company’s stake of South Australian company ZEN Energy back to its original owners, as the British billionaire’s GFG Alliance looks to cut costs globally.
News
The State Government will fund a $10 million “voltage management” system to allow South Australian household solar panel systems to be disconnected from the electricity grid to avoid instability and blackouts.
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South Australian thermal energy storage company 1414 Degrees will buy SolarReserve’s ill-fated Aurora site in Port Augusta to build a solar farm and large-scale storage system.
South Australia’s Hornsdale Power Reserve, also known as the Big Battery, will expand by 50 per cent under a deal expected to boost grid stability and lower household power bills.
In a post-carbon world, harnessing Australia’s renewable energy to process zero emission iron oxide to metal instead of exporting raw materials could provide a jobs and economic boost bigger than the current coal and gas industries combined, argues Ross Garnaut.
South Australia’s abundance of renewable energy gives it an ideal platform to become a leading global exporter of certified green hydrogen, according to Premier Steven Marshall.
