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.
Bedmutha Industries and TotalEnergies ENEOS have signed a long-term agreement for a 3 MWp solar photovoltaic system on the roof of BIL's manufacturing facility in Nardana, Maharashtra, reducing the company's carbon footprint by 3,600 tonnes of CO2 emissions per year.
G7 maintains $60 price cap on Russian oil despite calls for a cut, but steps up monitoring and enforcement. The coalition believes that the price cap limits Russian revenues and keeps the energy market stable.

Amp Energy: a key developer for green hydrogen in Australia

Amp Energy signs agreement to develop large-scale green hydrogen at Cape Hardy Port Precinct in South Australia. The project plans to build up to 5 GW of smelter capacity over the next decade, creating direct and indirect jobs.
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Chart Industries is expanding its partnerships with McPhy Energy and Larsen & Toubro to promote the development of clean energy solutions, focusing on the green hydrogen market. This three-way partnership is likely to have a significant impact on the global hydrogen market.
Parkwind has successfully installed 24 turbines for the Arcadis Ost 1 wind farm using the RNA floating installation method. This success is a testament to the innovation and dedication of the companies involved in the project, as well as the need for continuous innovation to achieve a sustainable future.

HIF and Idemitsu cooperate on the production of neutral eFuels

HIF Global partners with Idemitsu Kosan to accelerate the production of carbon-neutral eFuels. This global partnership aims to decarbonize transportation without engine modifications.
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Houston Natural Resources Corp. acquired a 40% stake in Rhino Energy Pty Ltd. The company is looking for new acquisitions and aims to create more value for its shareholders.
Australia is passing laws to reduce greenhouse gas emissions from its biggest polluters by about 5% a year, aiming to achieve net zero emissions by 2050, but tough decisions will be needed to effectively combat climate change.

Australia: agreement to force big polluters to limit their emissions

The Australian government has reached a landmark agreement that will require the country's biggest polluters, including coal mines and gas-fired power stations, to reduce their net emissions by almost 5% a year until 2030.
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Ayala's subsidiary, ACEN Australia, has just opened the New England Solar project, one of the largest solar projects in Australia. It requires the installation of nearly one million solar panels for a capacity of 936 MWdc.
Amp Energy is considering selling its portfolio of assets in Australia. Against this backdrop, Amp Energy announced the sale of its U.S. community solar platform to reinvest in its growing Australian market.

China lifts unofficial ban on Australian coal

After more than two years of an unofficial ban, China began buying Australian coal this month, according to market sources and data from S&P Global Commodity Insights.
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After years of dissension, Australia and China seem to be on the verge of a more positive relationship. The first coal shipment en route to China in over two years is an encouraging sign of warming trade ties between the two Pacific powers. This event represents an important step in stabilizing relations between Australia and China.
Petronet LNG is looking to increase its LNG import quantity from 0.75 to 1 million tons per year. The company is looking to renew its long-term agreement with Qatar and link its LNG to global indices.

Mount Hopeful Will Power Queensland

Mount Hopeful, an onshore wind farm in Australia owned by Neoen will supply Stanwell under a 15-year PPA.
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Mytilineos reaches financial close with lenders ANZ and Westpac for the financing of three solar power plants in Australia.
Bell Bay, Australia, will be the site of a renewable hydrogen and methanol production plant by Iberdrola and ABEL Energy.

Australia hopes to export hydrogen

In Australia, European Energy is acquiring a majority stake in Austrom, a company based in Queensland.
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5B Holdings Pty Ltd, an Australian renewable energy company is the subject of a $20 million Australian investment by BP ventures.
Lightsource bp closes $540 million Australian green financing portfolio with ANZ, ING, Mizuho, NORD/LB and Westpac