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Australia

EVE Energy and EVO Power sign strategic agreement for their expansion in Australia

EVE Energy will supply 2.2 GWh of storage systems to EVO Power over five years, supporting the large-scale deployment of front-of-meter solutions in the Australian market.

Australia to Offer Three Hours of Free Electricity Per Day Starting in 2026

The Australian government plans to introduce a free solar electricity offer in several regions starting in July 2026, to optimize the management of the electricity grid during peak production periods.

Fox ESS partners with Solar Juice to develop 1GWh of storage in Australia

Chinese manufacturer Fox ESS has entered into a partnership with Australian distributor Solar Juice to deploy up to 1GWh of battery capacity, targeting the fast-growing residential and commercial segments of the Australian market.
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Plug Power to supply up to 2 GW of electrolyzers to Allied Biofuels in Uzbekistan

Plug Power has signed a supply agreement with Allied Biofuels to equip a sustainable fuel production site in Uzbekistan, bringing total contracted capacity with Allied partners to 5 GW.

JA Solar to supply over 100 MW of modules to 5B for Western Australia project

JA Solar has signed a strategic agreement with Australia's 5B to supply over 100 MW of photovoltaic modules for a large-scale solar project in Western Australia.

e-STORAGE commissions 220 MWh energy storage system in South Australia

Canadian Solar’s subsidiary has completed the commercial operation of a battery storage project in Mannum, marking a key milestone in the large-scale energy deployment in southern Australia.
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Clenergy restructures leadership to support global and Australian growth

Clenergy has appointed Haydn Fletcher and Samir Jacob to strategic positions to strengthen its operations in Australia and internationally, amid targeted commercial expansion.

Rio Tinto deploys electric trucks with swappable batteries in Mongolia

Rio Tinto commissions eight electric haul trucks with swappable batteries at the Oyu Tolgoi copper mine in partnership with Chinese company SPIC Qiyuan.

Neoen commissions South Australia’s largest wind farm with 412 MW

Neoen’s Goyder South Wind Farm reaches full generation capacity, strengthening the French group’s presence in Australia’s energy market with 412 MW connected to the grid.
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Waddi wind project secures environmental approval from Australian government

The Australian government has granted environmental approval for the 108 MW Waddi Wind Farm, a Tilt Renewables project with construction costs exceeding $400mn.

Single-axis solar reaches $37/MWh in Middle East and Africa in 2025

The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.

UNEP, EU and Japan frame methane: 12% responses, LNG under pressure

Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.
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FairWind acquires Cosmic Group to strengthen wind energy presence in Asia-Pacific

The acquisition of Cosmic Group by FairWind consolidates its position in Australia and marks a strategic expansion into New Zealand and Japan.

NexGen raises A$1bn to finance its Rook I uranium project in Canada

Canadian uranium producer NexGen Energy has completed a A$1bn ($639mn) equity raise split between North American and Australian markets to support the development of its Rook I project.

Japan and Malaysia begin regulatory framework for CO2 transport

Japan and Malaysia have signed a preliminary cooperation protocol aiming to establish a regulatory foundation for cross-border carbon dioxide transport as part of future carbon capture and storage projects.
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Santos cuts 2025 production forecast again due to technical issue

Australian group Santos lowers its annual production forecast after an unplanned shutdown at the Barossa project and delayed recovery in the Cooper Basin.

Ark Energy secures approval for solar and battery project in New South Wales

The New South Wales Government has approved Ark Energy’s hybrid solar and battery project in Richmond Valley, combining a solar power plant and long-duration storage.

Paired Power and PHNXX launch plug-and-play mobile solar microgrid

The PairPHNXX system, designed for rapid deployment in areas without grid access, targets agricultural, military, and industrial markets with a turnkey modular technology.
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Tamboran completes drilling of three wells ahead of 2026 production tests

Tamboran has completed a three-well drilling campaign in the Beetaloo Sub-basin, with 12,000 metres of horizontal sections prepared for stimulation and maintenance ahead of the commercial phase.

Battery prices in Asia-Pacific drop to record lows through 2029

Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.
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RWE and Nordex join forces for wind power

At the WindEurope conference in Bilbao, RWE acquires 800 MW of wind turbines from Nordex, strengthening their long-standing partnership.
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Drastic decline in Russian oil revenues due to sanctions

Russia is facing a drastic 32% drop in oil revenues by 2023, as a direct consequence of the price caps imposed by the G7, the EU and Australia.

COP28: Small Island Nations fight for Climate Survival

At COP28, small island nations, the first victims of climate change, are leading a crucial battle to limit warming to 1.5°C and move away from fossil fuels.
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Review and outlook after a year of oil price caps in Russia

One year after the introduction of the Russian crude oil price cap, Moscow's circumvention strategies are calling into question the effectiveness of Western sanctions.

CIP to embark on green hydrogen project in Australia

CIP has announced plans to build a massive green hydrogen production plant on the Eyre Peninsula in South Australia. Supported by 14 GW of solar and wind power generation capacity, the Evergreen project aims to strengthen Australia's position as a world leader in hydrogen.

Chevron and Exxon seek Australian support for decarbonization projects

Chevron and Exxon Mobil, the U.S. fossil fuel giants, are calling on Australia to support their carbon capture and hydrogen projects. These initiatives aim to reduce carbon emissions in the country, the world's largest exporter of liquefied natural gas.
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Russia’s oil price cap hit its targets, says U.S. Treasury report

The cap on Russian oil prices imposed by the EU, G7 and Australia has met its objectives, according to a US Treasury report. Russian oil exports increased in April 2023 compared to March 2022, but Russia is having difficulty finding buyers for its crude.

Hydro Tasmania revives the historic village of Tarraleah

Tasmania Hydro is buying Tarraleah Estate to house workers at the hydroelectric plant being restructured. The historic village will be transformed to accommodate the Nation's Battery employees and support development plans to increase energy capacity by 30%.

Bango Farm: a 20 GW wind power project for Squadron Energy

Squadron Energy, broke ground on the Bango Wind Farm, marking the first renewable project since the acquisition of CWP Renewables. The wind farm will produce enough clean energy to power 144,000 homes and will play a crucial role in Australia's transition to sustainable energy.
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Australia: RWE wins tender for energy storage project

RWE Renewables Europe & Australia has won a competitive bid in New South Wales for a long-life energy storage project, reinforcing its position as a global leader in renewable energy.

Snowy 2.0: a crucial investment in Australia’s future

The Snowy 2.0 hydroelectric project in Australia is experiencing a two-year delay and will cost more due to several factors. This represents a setback for the Australian government's renewable energy targets and highlights the complexity of projects of this scale.

Australia closes its oldest coal-fired power station and opts for renewable energy

Australia has closed its oldest coal-fired power station, located about three hours north of Sydney, as part of a dramatic shift to renewable energy. The Liddell power station supplied about 10% of the electricity consumed in New South Wales, the most populous state in Australia.
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Enel Green Power Hellas: a new acquisition for Macquarie

Enel is expected to sell about 50% of its Greek renewable energy subsidiary, Enel Green Power Hellas, to Macquarie by May, as part of its strategy to reduce debt and streamline international operations.

Project Browse: a life extension for liquefied natural gas plants

BP acquires Shell's 27% interest in the Browse joint venture, increasing its stake to 44% in Australia's largest untapped gas resource. The Browse project could extend the life of the North West Shelf LNG plant.

J-POWER: Upgrade of the Suezawa power plant

Japanese utility J-POWER is upgrading its Suezawa hydroelectric plant to improve reliability and reduce labor costs. This update includes new components and a new water turbine for more efficient power generation.
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Understanding the wave of carbon farming projects in Australia

The Australian carbon market is experiencing a significant increase in soil carbon storage projects, also known as carbon farming. These projects aim to increase the amount of carbon stored in the soil using specific land management practices.

Origin Energy to invest $400 million in battery project

Origin Energy, Australia's largest energy retailer, is investing $400 million to build a large battery at the Eraring power station in New South Wales. The decision to develop this battery on a large scale follows the announcement of the early closure of the country's largest coal-fired power plant.

BIL and TotalEnergies ENEOS cooperate on a solar photovoltaic system

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 price cap on Russian oil

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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