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Net Zero
2024-09-25
Macquarie to Take Minority Stake in d.e. Shaw’s Green Energy Arm for up to $1.73 Bln
A pedestrian walks past the logo of Australia's biggest investment bank Macquarie Group Ltd which adorns a wall on the outside of their Sydney office headquarters in central Sydney, Australia, July 18, 2017. Picture taken July 18, 2017. REUTERS/Da
Net Zero
2024-09-25
Australia’s Fortescue Signs $2.8 Bln Green Equipment Partnership With Liebherr
Power-generating windmill turbines are surrounded by fog at a wind farm in the mountains of Galicia region, near Villalba, Spain March 20, 2024. REUTERS/Nacho Doce/File Photo Purchase Licensing RightsFortescue (FMG.AX), opens new tab said on Wednesday it
Geothermal Power Plant
2024-09-20
Indonesia, New Zealand Sign 5-Year Partnership for Geothermal Development
Sulawesi landscape, Indonesia (source: flickr/ Theodor Benda, creative commons)The long-established relationship between Indonesia and New Zealand was one of the focal points highlighted during the 2024 Indonesia International Geothermal Convention and Ex
Geothermal Power Plant
2024-09-20
Earths Energy Starts Scoping Study on Geothermal for Data Centres in Australia
Winton, Queensland, Australia (source: flickr/ Chris Fithall, creative commons)Australian geothermal developer Earths Energy (EE1) has announced the commencement of a scoping study to assess the viability of constructing geothermally powered data centres
Hydropower Plant
2024-09-18
$16 Million Meadowbank Spillway Upgrade Completed by Hydro Tasmania
Meadowbank Power Station on the Derwent River, Tasmania by CSIRO, licensed under CC BY 3.0Hydro Tasmania has completed a $16 million upgrade of the spillway gates at Meadowbank Dam in the Central Highlands. The newly installed crest gates have already end
Hydropower Plant
2024-09-18
$190 Million in Contracts Awarded for Borumba Pumped Hydro Project
defaultThree major works packages totalling nearly $190 million have been awarded to Queensland-based companies as part of the next phase of the Borumba Pumped Hydro Project. This significant milestone brings the state’s 2000MW renewable energy
Coal Mine
2024-09-18
New Coal Royalties Legislation Further Damages Queensland’s Competitiveness
The Queensland Resources Council (QRC) says recent coal royalties legislation has further damaged Queensland’s competitiveness, and will risk the state’s economic security.The Bill, introduced by the State Government without consultati
Renewable Energy
2024-09-18
GE Vernova and Lizard Renewables Form JV for Renewable Projects in Italy
GE Vernova onshore wind turbine. Credit: GE Vernova.GE Vernova’s financial services business and Lizard Renewables have formed a joint venture (JV) named Alva Power to co-develop renewable energy projects in Italy.The collaboration aims to advan
Renewable Diesel
2024-09-18
Rio Tinto Launches Farming Trial in Australia to Explore Renewable Diesel Production
Mining giant Rio Tinto (RIO.AX), opens new tab said on Wednesday it will develop seed farms in Australia to explore the potential of Pongamia seed oil as a feedstock for renewable diesel.The miner has partnered with local woodfiber processor manager Midwa
Hydropower Plant
2024-09-13
Contact Energy to Acquire Manawa Energy in $1.14bn Deal
Manawa Energy to be acquired by Contact Energy in $1.14bn deal. (Credit: guentherlig from Pixabay)Contact Energy has agreed to acquire New Zealand-based renewable electricity generator Manawa Energy in a cash and stock deal that implies an equity value of
Green Hydrogen
2024-09-13
Australia Sees Green Hydrogen Exports by 2030 in $5 Billion Plan
Australia, one of the world’s biggest natural gas exporters, expects to start shipping green hydrogen abroad by the end of this decade as it seeks to become a global leader in supply of the emission-free fuel.Government incentives of about A$8 b
Electricity Transmission
2024-09-13
Australia Signs Deal to Boost Electrification Across Act
This will also support the transition to clean energy sources.Australia’s federal and the Australian Capital Territory (ACT) governments have signed a Renewable Energy Transformation Agreement (RETA) that will support efforts to fully electrify
Renewable Energy
2024-09-12
Contact to Acquire Manawa in $1BN Deal for New Zealand’s Energy Sector
Manawa shareholders are expected to meet before the first half of 2025 (H1 2025). Credit: PX Media via Shutterstock.Renewable energy company Contact Energy has entered into a Scheme Implementation Agreement (SIA) to acquire 100% of electricity generation
Solar project
2024-09-11
Harmony Energy to Build Nearly 150 MW Solar Projects in New Zealand
Harmony Energy has expanded its New Zealand portfolio with resource consent for the 75 megawatt (MW) Ōpunake and 73.5 MW Marton solar power plants.According to the company, these projects will generate electricity to power around 30,000 homes, contributin
Energy Storage System
2024-09-10
Waratah Super Battery Completes Energisation First Stage, Boosts Australia’s BESS Sector
The Waratah Super Battery (WSB) project aims to enhance grid reliability in New South Wales (NSW). Credit: Akaysha Energy.Australian renewable energy company Akaysha Energy has completed the first stage of energisation at the WSB project in NSW for the En
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China's Investment into BRI Countries Expands in Jan.-May
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Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
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Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
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EDF Wins 250MW in French Offshore Tender
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Scottish Government Triples Offshore Wind Investment in 2025/26 Budget
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BHI Provides Brightnight With US$25 Million in Financing
