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LNG
2020-12-22
Shell Divests LNG Stake For $2.5 Billion
Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non-core assets in its portfolio.
Coal Mine
2020-12-20
POSCO to Acquire 15% Stake in Australian Mining Company
POSCO will invest in Mahenge Graphite Mine in Tanzania, Africa, to strengthen its anode material business.
Energy Storage Battery
2020-12-18
Australia’s Battery Energy Storage Pipeline at 7 GW
Cornwall Insight estimates Australia’s energy storage pipeline at 7 GW, although most of that capacity is still in the proposal phase. More than 900 MW of storage will be built by 2024 – far more than the market operator’s 2020 forecast.
Pumped Storage
2020-12-17
GE Renewable Energy and BE Power to develop pumped hydro storage project
GE Renewable Energy has signed an agreement with BE Power to co-develop a 400MW Big-T (Cressbrook) pumped hydro storage project in Toowoomba, Australia.
Energy Storage Battery
2020-12-16
Doosan GridTech to Deliver 100MW Oz Battery
System will support Queensland’s shift to renewable energy says developer Vena Energy Australia.
Australia
2020-12-16
Hydro Tasmania Selects Lake Cethana as First Pumped Hydro Project
Hydro Tasmania has announced that it has selected Lake Cethana as its preferred pumped hydro site, with the project now set to progress to final feasibility stage.
Energy Storage Battery
2020-12-14
7GW of Battery Storage Projects in the Pipeline Across Australia
Projections from Cornwall Insight Australia show there is ~7GW of battery storage projects proposed or currently in the planning process.
Solar Power Plant
2020-12-14
Nexans in Deal for Six Australia Solar Farms
Nexans has been awarded contracts for six major new solar projects in the states of Queensland, Victoria and New South Wales.
Solar Cell
2020-12-12
Australian PV Plant Tests 2 MW/8 MWh Vanadium Flow Battery
Australia’s first utility-scale vanadium flow battery will be built in South Australia.
Oil Field
2020-12-11
Karoon Offloads First Oil from Recently-Bought Baúna Field
Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil.
Oil & Gas Supply
2020-12-11
Gladstone November LNG Exports Up
LNG exports from the three liquefaction plants located on Curtis Island off Gladstone jumped when compared to the corresponding month in 2019.
Paris Climate Agreement
2020-12-11
Australia Confident About Achieving 2030 Climate Targets
Australia is confident it could hit its emission reduction targets for 2030 without resorting to the use of credits for achieving targets under earlier climate pacts, the country’s energy minister, Angus Taylor, said in a statement.
Thermal Coal
2020-12-10
Australian Coal Thrives Despite China Ban
Australian thermal coal prices have risen sharply in recent weeks despite an import ban from one of its traditional markets, China.
Carbon Neutral
2020-12-08
New Zealand Declares Climate Emergency, Promises Carbon Neutral Govt by 2025
New Zealand promised its public sector would become carbon neutral by 2025 as it declared a climate emergency on Wednesday.
Coal Mine
2020-12-07
Glencore to Close Four Australian Coal Mines
Switzerland-based trading and mining firm Glencore plans to close three Australian coal mines in New South Wales and one in Queensland state by 2023.
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