Queensland’s renewable energy sector is shaping a greener tomorrow, today.
Make no mistake: Queensland is perfectly positioned to capture and maximise the benefits of what truly is the biggest opportunity since the Industrial Revolution.
- Queensland Treasurer and Mister for Trade and Investment Cameron Dick
A renewable energy powerhouse on the rise, Queensland’s clean energy transition is being powered by our emerging hydrogen, wind, solar and battery industries.
A rich supply of sunshine, wind, water – and critical minerals – means our state has the potential to produce clean, reliable, affordable power for generations.
Queensland is committed to achieving 70% renewable energy by 2032, and 80% by 2035 under the new US$41 billion Queensland Energy and Jobs Plan.
Our state also has a Queensland Hydrogen Industry Strategy and the world’s first Minister for Hydrogen guiding the development of our green hydrogen industry.
Queensland is focused on sustainable growth within the renewables sector, fostering a pro-business investment environment that offers industry access to critical infrastructure and readily available land.
The 50 largescale renewable projects in operation or under development across Queensland have already attracted significant investment and major global partners, including Fortescue Future Industries and ENEOS.
Collaboration between international and local partners is creating new opportunities across the entire renewable energy ecosystem, including downstream energy capture and storage solutions involving battery development and manufacturing.
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Quick glance at the renewable energy industry
Committed to achieving 70% renewable energy by 2032
Committed to achieving 80% renewable energy by 2035
US$41 billion Queensland Energy and Jobs Plan
Developing three Renewable Energy Zones connected by a SuperGrid
World’s largest pumped hydro facility
under development in Queensland
Discover more Queensland investment opportunities
Renewable energy | Mitsubishi Gas Chemical
Queensland is fuelling global energy solutions
Japan’s Mitsubishi Gas Chemical has identified Gladstone in regional Queensland, Australia, as the prime location for a A$150 million first-stage green methanol plant, thanks to assistance from Trade and Investment Queensland’s Tokyo, Brisbane and Gladstone offices.
With an annual production capacity of up to 100,000 tonnes, the plant represents Mitsubishi Gas Chemical’s first major investment in Australia and phase one is expected to be operational in mid-2028.
Mitsubishi Gas Chemical is currently undertaking a feasibility study on green methanol production with its joint venture partner Cement Australia (CA), after TIQ connected the two companies.
Mitsubishi Gas Chemical Business Development Department General Manager for its Methanol Division, Tokuda Shinichi, said Queensland’s development potential was significant, especially in the renewables sector.
“The location of Queensland means it’s easier to access Asian markets and the necessary infrastructure in Gladstone is already very well developed,” Mr Tokuda said.
“Also, we will be using hydrogen as a feedstock and there are many hydrogen projects planned in Gladstone and across Queensland.
“Trade and Investment Queensland was very helpful, providing a comprehensive range of services – including facilitating meetings with relevant government departments and introducing us to our business partner CA."
“Mitsubishi Gas Chemical would like to recommend other international companies work with Trade and Investment Queensland."
The joint feasibility study underway will utilise Mitsubishi Gas Chemical’s newly developed circular carbon methanol production technology, CarbopathTM, to make green methanol from carbon dioxide, captured from CA's Gladstone plant, and locally produced hydrogen.
As methanol is used in creating myriad of products including paint, fibres and plywood, it is expected to be a key driver in decarbonising industries through carbon capture utilisation.
It is hoped the collaboration could lead the introduction of greener construction materials in Australia and the advancement of next generation technologies to help achieve Australia’s 2050 net zero target.
The Gladstone region’s appeal as a prime location to develop businesses across the whole renewable energy ecosystem is driven by its key assets – including deepwater port with space for expansion, electricity and gas transmission infrastructure and a highly skilled workforce.
Renewable energy | Redflow
Queensland is fuelling global energy solutions
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A Queensland company is at the forefront of the global renewable energy transition, supplying its innovative batteries to countries around the world.
Brisbane-based Redflow is a world-leader in the manufacture of zinc-bromine flow batteries – one of the world’s safest and cleanest energy storage solutions.
Redflow’s batteries are the world’s smallest commercially available flow battery and are manufactured from readily available tow-toxicity materials, as well as being fully recyclable at end of life.
Their small form factor allows greater flexibility for a wide range of customer types and applications from remote off-grid systems to mega-scale installations for the power grid.
The company’s products exemplify Queensland innovation, and the vital role downstream businesses have in creating a scalable and sustainable renewables ecosystem.
Global demand for innovative Queensland products and expertise in the renewables and green hydrogen sectors is growing.
Redflow alone has delivered 2GW of energy-storage capacity to customers across Australia, Africa, Asia, Europe and North America – that’s the equivalent of around six million standard photovoltaic panels.
Zinc-bromine flow batteries are an ideal energy storage solution for medium to long-term back-up power as they can be placed in hibernation mode for long periods without losing their charge.
“Where lithium is a sprinter, we’re more like a marathon runner. When you want to effectively and efficiently shift energy for use over longer medium to long-term duration, that’s really where flow batteries have a unique value proposition,” Redflow CEO Tim Harris said.
“Redflow’s flow battery is developed and manufactured in Queensland because not only do we have access to highly skilled engineering capabilities, we also have the ideal environment to develop and test robust long-duration energy storage systems.”
The ability to capture and store energy from abundant renewable sources is a vital step in the journey to a zero-carbon energy market. That is a goal shared by regions and countries around the globe and Queensland is helping to achieve it.
“In fact, Redflow views California as the company’s single biggest market opportunity, representing about a quarter of the global market for grid-connected batteries,” Redflow’s Chief Commercial Officer and President of North America, Mark Higgins said.
“It is a market that is actively seeking non-lithium solutions, and this is where Redflow’s technology uniquely fits a huge market need.”
Trade and Investment Queensland (TIQ) assisted with Redflow’s entry into the US market during 2021, providing strategic market entry advice and connecting the company with the US Department of Energy.
Recipients of the TIQ Go Global Export Program funding in 2021 provided extra support for Redflow to introduce their offering.
TIQ also helped secure a travel exemption into the US during the COVID-19 pandemic for Redflow staff. This enabled the delivery of a two megawatt-hour energy storage system for Anaergia’s Rialto Bioenergy Facility in California.
“As our biggest single deployment system to date, Anaergia will provide a high visibility MWh reference installation for our growth into the United States and other global markets,” Mr Harris said.
It is a very significant milestone for Redflow and TIQ’s involvement was pivotal in making it happen when it did.
Redflow is just one of many Queensland companies exporting its products and expertise in the energy sector to international markets, and the opportunities to do so are growing.
Queensland is also growing in desirability as a leading investment destination for Australian and international investors looking to support the state’s flourishing renewables and green hydrogen sectors.
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Queensland is the Next Big Thing
A gateway to the Asia Pacific region, Queensland's rapidly growing renewable energy, digital games and innovative tech sectors offer opportunities for growth-minded businesses to invest directly in globally significant industries.
