Former chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”.
Should it land in receivership as expected, the company’s majority owner – Beaconsfield Capital – is understood to be preparing to buy back the business.
A report from special manager Nick Weeks blames regulatory and financial pressure as reasons for a lack of good quality candidates on Star’s board.
Andrew Forrest ditching plans to produce 15 million tonnes of green hydrogen by 2030 has sparked questions over the government’s climate policies.
Financial year results from the fund manager show a 6.3 per cent gain in the month to June 30. Elsewhere, it’s a sea of woe.
