Envision Energy strengthens its commercial strategy in Australia through a new agreement with ANZ to finance energy projects and develop local supply chains in renewables.
The rise in investments and the boom in binary cycle technologies are placing geothermal energy at the heart of global energy strategies, driven by heat pump demand and Asian ambitions.
New Zealand Energy Corp. (NZEC) reported its financial results for the first quarter of 2025, posting a net loss of $994,550 while focusing on production recovery and gas storage development projects.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
Canadian company TAG Oil has completed the sale of its interests in five production permits in New Zealand to Kiwi Royalty Limited, for a total consideration of up to USD 2.5 mn.
TAG Oil has signed a definitive agreement to sell its royalty interests in New Zealand, aiming to strengthen its cash position ahead of its planned investments for 2025.
Lightsource bp has signed 10 power purchase agreements in 2024, representing 1.3 gigawatts of capacity, spanning Europe, the Americas, and the Asia-Pacific region.
New Zealand Energy Corp. (NZEC) confirms significant progress on the Tariki field, aiming to transform the site into a gas storage facility. The project, in response to market tensions in New Zealand, plans to begin injection in Q4 2025.
Meridian Energy has received final approval from the Environment Court for its 120 MW solar farm project in Ruakākā, New Zealand. This facility is part of a broader plan to strengthen the country’s electricity generation capacity.
TAG Oil announces progress at its BED-1 site in Egypt, with stable production, new drilling planned for 2025, and a partnership strategy to optimize operations.
New Zealand's final carbon auction of 2024, scheduled for December 4, is expected to see partial clearance, with prices exceeding NZ$64/tCO2e and an anticipated increase for 2025.
Ormat Technologies will partner with Contact Energy to build a 101 MW geothermal power plant in New Zealand, a key project that supports the national zero-emissions goal and strengthens Ormat's market position.
Facing growing energy demand due to a record-breaking summer, Japan reports a surge in coal imports, exploring new suppliers to secure its electricity needs.
Advances in fusion reactor technologies are underway in Spain with the SMART tokamak at the University of Seville, while the New Zealand startup OpenStar Technologies has made a key breakthrough with its floating magnetic component.
New Zealand Energy Corp. has started drilling the Tariki-5 well in partnership with L&M Energy. Monumental Energy, a shareholder in the company, is closely monitoring this new step aimed at boosting gas production in the Taranaki region.
The price of Australian Carbon Credit Units is set to jump by 56% between now and 2025, according to ANZ forecasts.
Prices in New Zealand and China remain stable, in the face of less restrictive policies.
Bison Energy begins feasibility studies for the Norwood solar farm, a 115 MWp project in the Canterbury region.
This development marks a key step in the expansion of large-scale solar power in New Zealand.
