Friday, December 27, 2024

Hydrogen electrolyser manufacturing a $1.7B boom for Australia

A recent report by Australia’s national science agency, CSIRO, has unveiled an opportunity for the nation’s hydrogen electrolyser manufacturing (HEM) sector, projecting $1.7 billion in revenue and nearly 4,000 jobs by 2050.

UNSW scientists develop proton battery for sustainable energy storage

A team of scientists at UNSW Sydney has developed an eco-friendly, high-performance organic battery that could reshape the future of energy storage. 

New co-investment program to strengthen WA’s wind energy manufacturing sector

Western Australian businesses aiming to be part of the growing local wind energy manufacturing supply chain can now apply for funding through the newly launched Wind Energy Manufacturing Co-Investment Program.

Australia’s manufacturing sector contraction eases as optimism rises

Australia’s manufacturing sector continued to face challenges in November, but the pace of contraction eased significantly, signalling potential stabilization in the coming months. 

November PMI data shows global manufacturing holding steady – JP Morgan

The global manufacturing sector steadied in November following four months of contraction, according to the latest J.P. Morgan Global Manufacturing PMI. 

Hazer secures major funding to accelerate dev’t of decarbonisation reactor

Hazer Group has clinched a significant boost to its climate technology development with a $6.2 million conditional grant from the Western Australian Government under the Lower Carbon Grants Program – Gorgon Fund. 

Climate tech growth fuels MGA Thermal’s latest strategic investment

MGA Thermal, a prominent innovator in clean energy storage, has secured a strategic investment from Electrifi Ventures, a climate tech angel syndicate, in partnership with Climate Salad.

CRA welcomes focus on industry-research collaboration in R&D review

Cooperative Research Australia (CRA) has applauded the launch of a review into the nation’s research and development (R&D) system, announced by Minister for Industry and Science Ed Husic. 

Sparc pioneers advanced graphene additives for eco-friendly coatings

Sparc Technologies has achieved a breakthrough in enhancing corrosion resistance by incorporating graphene into water-based acrylic epoxy coatings, addressing performance challenges while advancing eco-friendly solutions.

B-cycle reports 24% growth in battery recycling, calls for increased participation

Australia’s official battery recycling scheme, B-cycle, has reported progress in its second year of operation, collecting 2,935 tonnes of used batteries in 2024, marking a 24 per cent increase from the previous year. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.