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Substation
2024-08-03
Prysmian Finalises €600M Marinus Link Contract in Australia
The Leonardo da Vinci, Prysmian’s cable-laying vessel. Credit: Prysmian.Electrical cable producer Prysmian has signed a €600m ($653.59m) deal to provide a new power interconnector for the Marinus Link project in Australia.Marinus Link i
Solar Power Plant
2024-08-02
FRV Closes Refinancing Deal for 1-GW Aussie Solar Portfolio
Global renewables developer Fotowatio Renewable Ventures (FRV) has achieved financial closing on an AUD-1.2 billion (USD 784m/EUR 723.1m) refinancing facility supporting its 1-GW portfolio of solar projects in Australia.The deal is tied to the company&
Green Hydrogen
2024-08-02
Green Hydrogen Fever Gets Needed Doses of Reality
An Hydrogen H2 logo is pictured at Hyvolution exhibition in Paris, France, February 1, 2024. REUTERS/Benoit Tessier/File Photo Purchase Licensing RightHot air is seeping out of the green hydrogen bubble. Over the past five years fans of the low-carbon gas
Carbon Emissions
2024-07-30
China’s Cosco Shipping, Fortescue to Build Green Fuel Supply Chain
China's COSCO Shipping Corporation has signed a preliminary agreement with Australia's Fortescue (FMG.AX), opens new tab to jointly build a green fuel supply chain to help reduce pollution from the shipping industry, the Chinese company sa
Oil & Gas Trade
2024-07-23
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsE
Oil & Gas Trade
2024-07-23
Woodside Energy Sees 4% Jump in Estimated Cost for Scarborough Project
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/File Photo Purchase Licensing RightsAustralian oil and gas giant Woodside Energy (WDS.AX
Offshore Wind Power
2024-07-22
Meridian Energy’s Harapaki Wind Farm Begins Operations in New Zealand
The wind farm is situated 35km northwest of Napier and features 41 turbines. Credit: Sean Liew / Shutterstock.Meridian Energy has announced the full operation of the Harapaki wind farm in New Zealand with a capacity of 176MW.The wind farm in the Maungahar
Photovoltaic (PV)
2024-07-22
4,300 KM of Giant Submarine Cable Will Send Photovoltaic Energy From Australia to Singapore
The largest photovoltaic energy transmission project in the world has just received approval from Australian environmental authorities. Known as Australia-Asia Power Link, this revolutionary initiative aims to send photovoltaic energy from Australia to Si
Coal Trade
2024-07-22
Singapore’s Gear Secures $850 Million for SOUTH32’s Australian Coking Coal, Sources Say
A consortium led by Singapore's Golden Energy and Resources has secured $850 million to buy South32's (S32.AX), opens new tab Australian coking coal assets, two sources told Reuters, as private credit continues to fill a funding gap for th
Oil & Gas Trade
2024-07-22
Australia’s Woodside Energy to Buy US LNG Developer Tellurian for $1.2 Billion
A plant decorates the booth of Australian petroleum exploration and production company Woodside Energy during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 13, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsA
Electricity Transmission
2024-07-18
Delayed Closure of Eraring Forecast to Cut NSW Power Prices by 40%
New power price forecasts suggest pushing back the closure date of Eraring power station from 2025 to 2027 will cut NSW power prices by 44%, dropping from a predicted $153/MWh to $86/MWh in 2026 - a fall of $67. The data included in Cornwall Insight&r
Hydropower Plant
2024-07-18
Second Unit Nears Completion at Karapiro Hydro Station
Head gate lift for the first unit at Karāpiro Hydro Power Station, April 2023. Image courtesy of MercuryMercury is nearing the completion of the second power generation unit as part of its $90 million upgrade of the Karapiro hydro station on the Waikato R
Offshore Wind Power
2024-07-18
RWE Secures Its First Offshore Wind Power Site in Australia With a Capacity of up to 2 Gigawatts
RWE has been granted a feasibility licence from the Australian Government for the development of an offshore wind farm close to the Kent Group islands in the Bass Strait, off the Gippsland coast in the state of Victoria. This area is Australia’s
Offshore Wind Power
2024-07-17
Australia Approves Twelve Offshore Wind Projects, Set to Generate 25 GW Capacity
A total of twelve offshore wind projects have now been granted feasibility licenses for the Gippsland Offshore Wind Zone, enabling a potential generation capacity of 25 GW, according to Chris Bowen, Australia’s Minister for Climate Change and En
Energy Storage Project
2024-07-17
Akaysha Energy Secures A$650M Financing for Orana BESS in NSW
Akaysha’s Orana BESS is the largest in the national energy market at 415MW/1660MWh. Credit: Akaysha.Akaysha Energy has closed an A$650m ($438m) deal for the Orana battery energy storage system (BESS) project in New South Wales, Australia.The thr
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China's Investment into BRI Countries Expands in Jan.-May
2
Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
3
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