World's second-most powerful battery after Tesla mooted for Top End
The world's second-most powerful battery could be built in the Top End as part of a plan to produce more renewable energy for the Northern Territory (NT).
Territory Generation, the NT Government-owned corporation that runs power plants in the jurisdiction, wants to build a large-scale renewable energy storage system for Darwin and Katherine.
It has released an expression of interest for a 25 to 45 megawatt battery.
Hopes rise for NT mining
The Northern Territory (NT) mining industry has received another major boost with the announcement that the proposed Molyhil tungsten and molybdenum project in Central Australia has had its life extended by 17% to seven years.
This follows good news last week that another mining project, the $1.19 billion Nolan's rare earths mine north of Alice Springs has been recommended for approval by the NT Environment Protection Authority.
Read the full article on hopes rise for NT mining.
Space base launches into next critical step
The Chief Minister today welcomed the announcement that Equatorial Launch Australia (ELA) and Gumatj Corporation have secured land in North East Arnhem Land to establish Australia’s first commercial space centre.
The Northern Territory Government has also signed a Project Facilitation Agreement (PFA) with ELA, Gumatj and Developing East Arnhem Limited to work together to support the first phase of the Arnhem Space Centre.
Read the full media release on space base launches into next critical step.
Roadmap to renewables report released
The Chief Minister today released the hovernment’s Roadmap to Renewables report marking a big step towards delivering on the Northern Territory Government's target of 50% renewable energy by 2030.
The Chief Minister said the report set out a credible path for the Northern Territory to take advantage of the unprecedented opportunity presented by the rapid shift to renewable energy across the globe.
Read the full media release on Roadmap to Renewables report released.
Chief Minister to lead major investor delegation
The Northern Territory’s investment potential will be showcased to an international audience when the Chief Minister and the Minister for Primary Industry and Resources lead a business, industry and government delegation to the Northern Australian Investment Forum (NAIF)
The Team NT delegation will attend the forum - which connects high-level investors from around the world with projects - in Cairns from Sunday to Tuesday this week.