Australia

ARENA funds renewable hydrogen project for Sydney grid

It injected $5.32m into gas distributor Jemena for the construction of an electrolyser.

ARENA funds renewable hydrogen project for Sydney grid

It injected $5.32m into gas distributor Jemena for the construction of an electrolyser.

Newly floated Australian coal firm's price fell 8.5% on debut

Fund managers shunned the offer over the timing of the decision to float the company.

Largest Australian states lag world leaders in renewables race

Victoria and New South Wales generated only 13.6% and 12.6% of electricity from renewables in 2017.

Australian wind-solar hybrid project amps up plans after Macquarie investment

Developers plan for over 7.5GW of wind turbines and over 3.5GW of solar PV arrays.

Australia needs to install 10GW of renewables yearly to hit 2025 target: report

Projected capacity is divided between PVs, wind farms, and rooftop solar panels.

Joint venture to invest US$186m in 180MW Australian wind farm

The project is expected to start operations in the second half of 2020.

Goldwind offers 1GW of solar and wind portfolio in Australia

It is expected to be valued at US$2.16b after construction.

Billionaire Sanjeev Gupta to build 280MW solar farm in Australia

It is part of his project to build one of Australia’s largest solar farms.

Rio Tinto sold coal mines in Australia for US$2.91b

It sold its interest in the Hail Creek and Kestrel coal mines.

Alinta Energy eyes 1,000 MW of renewable projects

It seeks projects with sizes over 50 MW.

Inpex starts gas production in US$34b Ichthys LNG project

The gas output will be shipped to a 8.9Mt/year plant in Darwin.

Australia does not expect natural gas shortfall to occur before 2030

The shortage risks are now over thanks to the Australian Domestic Gas Security Mechanism.

AGL Energy slams $250m offer by Alinta Energy for Liddell power station

The offer "significantly undervalues" future cash flows, according to AGL.

Australia's power capacity predicted to hit 88.5GW by 2027

Coal's share in the capacity mix will erode to under 55%.