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Energy
Emission Control is Stockhead’s fortnightly take on all the big news surrounding developments in renewable energy.
Tassie, Australia’s island state about 240km to the south of the mainland, has a MASSIVE string of renewable energy projects – around 25,000GWh – currently seeking approval and aiming to start operation by 2030.
Following the release of a Renewable Energy Coordination Framework last year, which implemented a Register of Interest process for new opportunities such as green hydrogen and green manufacturing, the state has identified this massive pipeline of renewable energy generation to help fuel the investment.
With an ambitious aim to reach 150pc renewable electricity generation by 2030 and 200pc by 2040, Minister for Energy and Renewables Guy Barnett says the proposed pipeline would be more than enough new generation to get it there.
“Our 100 per cent renewable energy status has driven interest in Tasmania from investors, keen to contribute to helping the environment, while at the same time creating Tasmanian jobs,” he says.
“This information from the ROI will be used to inform the build out and implement Tasmania’s first Renewable Energy Zone later this year and support the matching of new generation and load growth to achieve our renewable energy future.
“Importantly, renewable energy projects in Tasmania are subject to rigorous and independent development, environmental and cultural heritage assessments across the three tiers of Government, with public consultation a critically important part of that process.”
| CODE | COMPANY | PRICE | % TODAY | % WEEK | % MONTH | MARKET CAP |
|---|---|---|---|---|---|---|
| PRM | Prominence Energy | 0.0025 | 25% | 0% | 25% | $4,849,218 |
| ECT | Env Clean Tech Ltd. | 0.022 | 10% | 5% | 47% | $34,325,034 |
| MPR | Mpower Group Limited | 0.024 | 9% | 4% | -17% | $6,113,139 |
| TNG | TNG Limited | 0.115 | 5% | 5% | 28% | $152,726,004 |
| NRZ | Neurizer Ltd | 0.14 | 4% | -3% | -13% | $142,015,433 |
| HZR | Hazer Group Limited | 0.71 | 4% | -3% | 4% | $115,310,195 |
| IRD | Iron Road Ltd | 0.145 | 4% | 7% | 4% | $111,980,583 |
| AVL | Aust Vanadium Ltd | 0.0485 | 3% | -3% | 18% | $186,244,829 |
| CWY | Cleanaway Waste Ltd | 2.83 | 3% | 3% | 6% | $6,057,636,076 |
| PV1 | Provaris Energy Ltd | 0.078 | 3% | -1% | 53% | $41,669,315 |
| GNX | Genex Power Ltd | 0.235 | 2% | 2% | 74% | $318,590,742 |
| LIT | Lithium Australia | 0.084 | 1% | 8% | 17% | $85,938,974 |
| FMG | Fortescue Metals Grp | 19.35 | 1% | 1% | 9% | $58,869,809,232 |
| VUL | Vulcan Energy | 8.13 | 1% | -6% | 13% | $1,153,849,173 |
| AST | AusNet Services Ltd | 0 | 0% | -100% | -100% | $9,919,608,019 |
| BSX | Blackstone Ltd | 0.22 | 0% | -8% | 16% | $104,109,550 |
| DEL | Delorean Corporation | 0.125 | 0% | 14% | 0% | $26,965,114 |
| HXG | Hexagon Energy | 0.016 | 0% | -6% | -33% | $8,206,654 |
| LIO | Lion Energy Limited | 0.038 | 0% | -5% | 9% | $16,192,188 |
| NEW | NEW Energy Solar | 0.92 | 0% | 5% | 17% | $294,940,947 |
| PGY | Pilot Energy Ltd | 0.02 | 0% | 0% | 25% | $12,047,806 |
| PH2 | Pure Hydrogen Corp | 0.33 | 0% | 3% | 25% | $113,592,199 |
| PRL | Province Resources | 0.12 | 0% | -17% | 20% | $141,629,177 |
| RFX | Redflow Limited | 0.043 | 0% | -4% | -9% | $70,801,404 |
| SKI | Spark Infrastructure | 0 | 0% | -100% | -100% | $5,036,718,784 |
| KPO | Kalina Power Limited | 0.019 | 0% | 0% | -5% | $28,788,310 |
| RNE | Renu Energy Ltd | 0.053 | 0% | 4% | 10% | $19,321,999 |
| SRJ | SRJ Technologies | 0.43 | 0% | 0% | 0% | $33,756,303 |
| NMT | Neometals Ltd | 1.45 | 0% | 7% | 38% | $800,902,437 |
| MR1 | Montem Resources | 0.04 | 0% | 0% | 0% | $10,302,443 |
| FGR | First Graphene Ltd | 0.135 | 0% | -7% | -4% | $77,533,131 |
| EDE | Eden Inv Ltd | 0.008 | 0% | 7% | -20% | $20,689,824 |
| CPV | Clearvue Technologie | 0.24 | 0% | -13% | -13% | $50,889,683 |
| M8S | M8 Sustainable | 0.007 | 0% | 0% | -13% | $2,936,360 |
| EOL | Energy One Limited | 5.1 | 0% | -3% | -1% | $140,428,867 |
| FHE | Frontier Energy Ltd | 0.365 | 0% | 18% | 43% | $83,724,669 |
| LPE | Locality Planning | 0.064 | 0% | 5% | 12% | $10,954,799 |
| CXL | Calix Limited | 6.9 | 0% | 2% | 15% | $1,118,091,416 |
| IFT | Infratil Limited | 8.14 | 0% | -1% | 15% | $5,931,926,388 |
| EGR | Ecograf Limited | 0.38 | -1% | -20% | 33% | $173,378,382 |
| QEM | QEM Limited | 0.235 | -2% | 4% | 31% | $30,022,458 |
| MEZ | Meridian Energy | 4.53 | -4% | -7% | 2% | $5,981,322,529 |
| LNR | Lanthanein Resources | 0.042 | -5% | 35% | 180% | $42,364,325 |
| CNQ | Clean Teq Water | 0.53 | -5% | -2% | 4% | $25,013,057 |
The Tiwi H2 project, an integrated compressed green hydrogen production and export development, has been awarded Major Project Status by the NT Government.
This means the project has been recognised as having significant, strategic impact and potential benefits to the NT.
Set to produce up to 100,000tpa of green hydrogen for export into the Asia Pacific region, the company says this endorsement by the NT government is another significant milestone as it moves forward with development.
Provaris and the NT Government have now also entered into a Project Facilitation Agreement (PFA) to work in a spirit of co-operation to seek to achieve the timely, efficient and effective development of the Tiwi H2 project as well as maximise the economic and community benefit for the Northern Territory.
Province and French renewable energy giant, Total Eren, have secured another section 91 licence over an additional 2,217km2 of land in the Western Australia’s Gascoyne region as they expand their footprint for the HyEnergy green-hydrogen project.
The section 91 licences issued under Western Australia’s Land Administration Act allow the PRL to conduct studies to support feasibility activities for the HyEnergy Project.
This comes after the two companies secured support from the native title groups in the region, the Yinggarda Aboriginal Corporation and the Nganhurra Thanardi Garrbu Aboriginal Corporation.
Agreements have now also been finalised with the owners of several pastoral stations in the region.
“Securing land tenure is a critical element of this project,” PRL managing director and CEO David Frances says.
“We are excited to pursue the next steps.”
MNS says it has received positive results from its ‘Extra Fast Charging’ (EFC) battery program using 7Ah (Amp hour) commercial graded cells with 20-minute charge and 20-minute discharge.
These results show only 3% loss of the initial cell capacity after around 2,600 cycles.
The cells are developed using BMLMP (bio-mineralised lithium mixed metal phosphate) technology, which delivers superior battery life with fast charge capabilities while containing no nickel or conflict metals such as cobalt, and is patented by Charge CCCV(C4V).
Magnis has a 9.65% stake in C4V.
Industries that require EFC include the transportation industry, as they are constantly on the road – MNS says these results could be significant for these industries.
The real importance comes from the number of cycles coupled with the charging times, enabling faster turnaround times for customers and greater productivity and efficiency.
NEW reached a binding agreement to sell its portfolio of 14 US solar assets to a subsidiary of MN8 Energy, formerly known as Goldman Sachs Renewable Power LLC for US$244.5 million ($352 million).
The board implemented a series of strategic initiatives through 2021, including the sale of its Australian assets, a share buyback, and a return of capital to address the discount at which NEW has traded on the ASX.
Despite these measures, the trading discount persisted, and in February 2022 the NEW board announced a comprehensive sale process for its US asset portfolio
The transaction remains subject to conditions set out in the transaction documents including NEW shareholder approval, customary financier and off-taker consents, and customary US regulatory approvals.
Tempo has been awarded Practical Completion on its Stand-Alone Power Supply (SAPS) for essential energy combining solar power with hydrogen storage.
The project includes Tempo’s greenHy2 system based on the GKN Solid State Hydrogen Storage technology – a 100% renewable solution for a completely off-grid facility.
The heart of the system is the Solid-State Metal Hydride Hydrogen Storage that provides storage of almost half a megawatt hour of electricity and over 40 days of forecast storage for the facility.
Metal hydride technology for the storage of hydrogen is considered the safest and most efficient method of Hydrogen Storage available, as hydrogen is stored as a solid, not a gas
Tempo says the SAPs, installed in a remote location three-hour drive north of Sydney, is fed from 100% renewable solar energy based alongside the storage system.
Over the next year the system will be monitored for performance and includes a state-of-the-art digital monitoring and operating platform that provides detailed data analysis, remotely to our monitoring facilities globally.
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