Australia

Pacific Green Technologies (PGTK) secured a 10-year agreement with ZEN Energy for 1.5GWh of battery storage across three Australian states. This expands PGTK’s Australian project portfolio to 7GWh, building on an existing 500MWh agreement. The partnership aims to support ZEN’s commercial and industrial clients and manage energy transition volatility. CEO’s from Pacific Green and Zen highlight the strategic importance of storage and the partnership’s role in enabling them to support sustainability goals.

Gilmour Space’s inaugural launch of the Eris rocket in Australia failed on July 29th, 14 seconds after liftoff. Despite the explosion, the company considers the test a step towards launch capability, citing successful engine burn and data acquisition. The launch was Australia’s first attempt to design and launch a rocket indigenously, aiming to validate the Eris’s design for future commercial launches. Gilmour Space, founded in 2015, intends to establish Australia in the global space sector with the two-stage, small satellite launch vehicle.

XCF Global and Continual Renewable Ventures Pty. Ltd. signed a non-binding MOU to launch New Rise Australia, a platform for SAF and HVO production. The potential agreement includes an equity stake and license fees, leveraging XCF’s technology for the Australian market. This partnership supports XCF’s international expansion, with definitive agreements expected.