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Energy

Pacific buys Nova power plant for $7.5m

Perth-based Pacific Energy has acquired the 10-megawatt Nova gas-fired power generation plant in Victoria for $7.5 million.

Zenith preferred in Tanami build

Belmont-based Zenith Energy has been selected as preferred contractor to build a 62-megawatt power station at Newmont’s Tanami gold mine, edging out incumbent provider Pacific Energy.

WA projects secure $4.8m in clean-energy funding

Three Western Australian projects with a focus on clean energy technology, including an artificial reef in Exmouth, will share in $4.8 million funding announced by National Energy Resources Australia today.

Canning Basin state agreement terminated

The state government has moved to terminate a state agreement with Mitsubishi Corporation and Buru Energy that was enacted in 2013 when there were high hopes that fracking in the Kimberley’s Canning Basin would lead to development of major onshore gas projects.

Indigenous groups take Carnegie solar farm stake

Carnegie Clean Energy has signed a binding term sheet with government agency Indigenous Business Australia and the Perth Noongar Foundation for a 50 per cent stake in the renewable energy company’s $17 million Northam solar farm.

TransAlta power station offically opened

TransAlta officially opened its new 150-megawatt combined cycle natural gas power station in South Hedland today, with Horizon Power as its sole foundation customer after Fortescue Metals Group backed out of an offtake agreement.

$2.6m Smart Cities money for blockchain trial

Curtin University, Murdoch University, Power Ledger and LandCorp are behind an $8 million project that will use blockchain technology to manage water and energy systems in the City of Fremantle.

Merredin refinances $44m, considers solar move

A local power generator majority owned by Rod Jones’s Hoperidge Capital has refinanced its bank debt through a $44 million bond issue which the company believes will give it more flexibility, including the potential to pursue a 100-megawatt solar farm.

mWave generates interest in Bombora

Perth company Bombora Wave Power will proceed with construction of its first commercial sized mWave device after securing multi-million dollar backing from international renewable energy consultancy Enzen.

Western Power aims for $1bn savings

Western Power plans to reduce spending by nearly $1 billion in the next five years compared to the five years just gone, according to a proposal by the state-owned network operator to the state’s economic regulator.

Horizon in $7.1m Carnarvon distributed grid plan

Horizon Power will roll out a $7.1 million distributed energy pilot project in Carnarvon, while the state government has unveiled a trial to incentivise demand management by users during peak periods in Broome.

AWE raises $38m for WA gas project

Sydney-based gas producer AWE will raise $38 million via a share placement to fund the next stage of the Waitsia gas field project in the Perth Basin.

New Energy, Phoenix engineer ways forward on waste

Two companies pursuing ambitious waste-to-energy projects in WA remain positive despite hitting problems with their original engineering partners.

Fortescue cuts ties with TransAlta

Fortescue Metals Group has terminated its agreement with TransAlta Corporation to purchase power from the recently completed South Headland power station after the miner raised performance concerns in August.

Equus gas deal could spark pipeline option

Even those with only a passing interest in the resources sector would recognise there’s something unusual about an iron ore miner talking up a natural gas project and an oilman talking it down.

Pilbara targets South Korean lithium sector

Pilbara Minerals has struck an agreement to work on the possible development of a lithium processing facility in joint venture with South Korean companies Polaris Shipping and LG Chem.

MinRes swoops on Empire assets

Mineral Resources has acquired Empire Oil & Gas’s Perth Basin assets, including the Red Gully processing plant, just more than a month after the energy junior entered administration.

Govt to privatise renewables

Synergy intends to develop up to 280 megawatts of renewable energy projects in WA by 2020 after the McGowan government approved plans for a private investor to acquire a majority stake in its existing wind farm and solar farm and in two new projects.

Wave energy a step closer

The first stage of Carnegie Clean Energy’s wave energy farm off the coast of Albany is under way, with the installation of a wave data buoy last week.

First Wheatstone gas shipped

One of Western Australia's largest resources projects has achieved a major milestone, with the first shipment of LNG from Chevron's Wheatstone project departing to Japan today.

ACIL, GHD win pipeline study

The federal government has commissioned ACIL Allen and GHD to study the possible development of a pipeline from Western Australia to the eastern states, one of the critical elements of a possible national gas market.

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