Business
Tesla will now take operational control of the Bouldercombe battery that caught fire last month after its owner Genex successfully completed its commissioning.
Business
Brisbane commercialisation company PPK has bought a 33 per cent stake in Australia’s biggest privately owned lithium battery manufacturer, PowerPlus.
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Another billionaire has moved into the renewables market with Atlassian founder Scott Farquhar revealing he has snapped up an 11 per cent stake in renewable energy company Genex.
Novonix has stitched up a deal with its biggest shareholder Phillips66 that could lead to a significant jump in battery materials production.
Elon Musk’s Tesla Motors will take over the operation of Genex’s Bouldercombe 50Mw battery near Rockhampton.
Battery materials firm Novonix has snared the services of one of the pioneers of lithium-ion batteries in a move that added as much $105 million to the company’s market value today.
