Landowners are ‘making bank’ with their unused land
As we found recently, country corporates are snapping up natural capital, and now, renewable land acquisition agency Rok Solid is saying that these landowners are earning $30,000 a year for 30 years just to lease a hectare of their land to small scale 5MW energy storage systems (BESS) projects.
Founder of the agency Daniel Moroko said that while 100MW BESS projects can take five years to be approved, small scale projects can be up and running within 12 months and only require a single hectare of land.
Landholders and farmers are making a steady cash flow, while companies are “aggressively” rolling out BESS projects as a strategy to skirt the complexities and red tape “plaguing large scale developments”.
Some developers scaling this field include AMPYR Energy, Enervest, EDL Energy, and Atlas Renewables.
Funding revealed for two Victorian manufacturing plants
The Victorian government has revealed funding for two advanced manufacturing facilities in Ballarat, the first one is a new $6.4 million windows and doors factory for JG King Building Group in Wendouree. The factory is solar powered and features advanced manufacturing software, which will mass produce energy efficient doors and windows for residential builds.
The manufacturers make double and triple glazed windows, which the government says help homes become more energy smart, more comfortable to live in, cheaper for residents and reduce greenhouse gas emissions.
The other receiver of funding was CE Bartlett’s industrial textile manufacturing factory, also based in Wendouree.
The funding went towards its three phase factory expansion, which created more floor space to expand its assembly lines and create further capacity to deliver its water tank liner products. The upgrades will help the company develop a broad range of goods for clients, which includes transport, blinds, viticulture, agriculture and defence.
Data centre players emerge in the Mediterranean Sea
Data centre market analysts DCByte have revealed the key players for data centres in the Mediterranean Sea region, and they are Barcelona in Spain, Marseille in France, Genoa in Italy and Crete in Greece.
These locations were identified for their geographic location at the crossroads of Europe, Africa and Asia, as well as potential for new and existing submarine cable systems, which improves internet latency.