The Australian Renewable Energy Agency (ARENA) will invest up to $45 million in our Pilbara Solar Innovation Hub. ☀ This first-of-its-kind initiative will trial up to 10 innovations across Fortescue’s solar portfolio, including automation and modular solar solutions, to reduce costs, improve safety and accelerate Australia’s transition to green energy. Learnings will be shared with ARENA and industry, ensuring the benefits extend beyond Fortescue’s operations to the wider renewable energy commun

The Australian Renewable Energy Agency (ARENA) will be using your money to partially fund batteries costing $2.7 billion. These batteries are 2 gigawatts, which sounds impressive until the officials confirm they will last only 2 hours out of the whole day. Compare that to a 2-gigawatt coal-fired power station which can be run at 95% capacity factor for 23 hours a day. We'll get much cheaper power per gigawatt-hour if we just use coal and abandon this net zero lunacy and all of its expensive requ