Australia

Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.

ACEN Australia’s 900 MW wind project secures federal approval

With an AUD$3 billion investment, ACEN launches one of Tasmania’s largest private projects, aiming for commissioning in 2030 and annual supply for 500,000 households.
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Green Wind Renewables is developing a 450 MW wind farm in the Wheatbelt region of Australia, with up to 75 turbines and an estimated annual output of 1.5 TWh.
Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.

Piedmont Lithium and Sayona complete merger to create Elevra Lithium

Piedmont Lithium has completed its merger with Sayona Mining, giving birth to Elevra Lithium, a new mining group focused on hard-rock lithium with an expanded presence in North America and Australia.
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Hokkaido Gas is adjusting its liquefied natural gas procurement strategy with a multi-year tender and a long-term agreement, leveraging Ishikari’s capacity and price references used in the Asian market. —
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.

India diversifies coking coal purchases, Australia retreats

India’s coking coal imports are rising and increasingly split between the United States and Russia, while Australian producers redirect volumes to China; 2025 results confirm a shift in trade flows.
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French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
Australian distributor OSW secures strategic funding to accelerate U.S. growth and deploy its digital solar project management platform.

Photon Energy Group posts 7.5% growth despite declining EBITDA

Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.
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Peabody Energy abandons the acquisition of Anglo American’s Australian coal assets, triggering an arbitration process following the failure of a post-incident agreement at the Moranbah North mine.
Ingeteam partners with JinkoSolar and ACLE Services to equip seven sites in Australia, representing a total capacity of 35 MW and 70 MWh of energy storage.

Ampol’s Half-Year Profit Drops 23% but Exceeds Market Expectations

Australian fuel distributor Ampol reports a 23% drop in net profit, impacted by weak refining margins and operational disruptions, while surpassing market forecasts.
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With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
Gentari has started construction at the Maryvale site, a solar project combined with a 409 MWh battery storage system, located in Central-West Orana and backed by a long-term public contract.

Acen Australia files federal application for 1,760MWh battery in Queensland

Developer Acen Australia has submitted a battery storage project to the federal government, targeting 440MW/1,760MWh in a region near solar and mining infrastructure in Queensland.
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OX2 has obtained Australian environmental approval to build a solar and storage project in Muswellbrook, on a former coal site in New South Wales, marking a milestone in its industrial strategy in the region.
Australian company NRN has closed a $67.2m funding round, combining equity and debt, to develop its distributed energy infrastructure platform and expand its decentralised storage and generation network.
The Dalby project in Queensland, combining photovoltaics and battery storage, is now operational, marking a major technical breakthrough.
The global solar panel recycling market is expected to reach 626 million USD by 2033, with annual growth of 14.3%, driven by the increase in solar installations and regulations.

Senegal: First load of crude oil at Sangomar

Senegal loads its first crude oil cargo at Sangomar, marking a crucial stage in its energy and economic development, with production of 100,000 barrels a day.
Chargement inaugural brut Sangomar
BP, in partnership with Masdar of the United Arab Emirates, Hassan Allam Utilities of Egypt and Infinity Power, has signed a Joint Development Agreement (JDA) to explore the creation of a multi-phase green hydrogen project in Egypt.
Europe is stepping up its efforts to become the world leader in green hydrogen, focusing on innovation and technological partnerships.

CCS in Europe between regulatory and financial challenges

The development of CCS in Europe faces major obstacles in the form of regulatory uncertainty and high costs. Projects are slowing down as the 2030 deadline for climate targets approaches.
Défis CCS en Europe
Neoen launches Fox Coulee solar farm in Alberta, strengthening its presence in the Canadian energy market
Hecate Grid secures a $125 million credit facility with MUFG to support its portfolio of energy storage projects in the United States.

Australia prepares for nuclear power with 7 sites identified

The Australian Opposition, led by Peter Dutton, announces the introduction of nuclear power with seven potential sites, aiming for cleaner, more affordable electricity.
L’ Australie se prépare à intégrer l’énergie nucléaire avec 7 sites identifiés.
Chinese Premier Li Qiang concludes his visit to Australia with an inspection of the Tianqi lithium refinery, underlining the strategic importance of Australian minerals for China.
The Minns Government is allocating $3.5 billion in the 2024-25 budget to strengthen NSW's energy system and support households in their energy transition.

Octopus Energy invests in two solar farms in the United States

Octopus Energy acquires two solar farms in Ohio and Pennsylvania, aiming to invest $2 billion in renewable energies in the United States by 2030.
Octopus Energy Investissements Solaires USA
By 2023, the offshore wind industry had expanded significantly, laying the foundations for a decade of rapid growth thanks to key policy developments and strengthened collaborations.
Vast and Mabanaft join forces to develop a green methanol plant in Port Augusta, marking a breakthrough in Australia's alternative fuels sector.

Eku Energy targets 9GWh of worldwide battery storage by 2028

Eku Energy plans to increase its global energy storage capacity to 9 GWh by 2028, from the current 1.3 GWh, to accelerate the energy transition and maximize the use of renewable energies.
Stockage mondial batteries Eku Energy
Senegal joins the ranks of hydrocarbon producers, reaching a historic milestone with the start of oil extraction from the Sangomar offshore field.
UAE-based Taqa has put an abrupt end to its negotiations to acquire a major stake in Spanish energy company Naturgy. This surprise decision caused the Madrid-based company's share price to plummet by almost 15%, losing almost all the gains made since the talks were formalized at the end of April.

Hydro Tasmania Gets Green Light to Upgrade Edgar Dam

Hydro Tasmania launches modernization of Edgar Dam following federal approval, reinforcing the safety and efficiency of its infrastructure.
Modernisation Barrage Edgar Tasmania
Aramco's secondary public offering, raising $11.2 billion, attracted a majority of foreign investors, underlining international interest in the Saudi oil giant and the kingdom's economic reforms.
Hitachi Energy announces an additional investment of $4.5 billion by 2027 to strengthen its production, R&D and partnership capabilities, aimed at supporting the transition to cleaner energy.