Phoenix Energy has announced major changes to its planned waste to energy project at Kwinana, with Macquarie Capital becoming lead sponsor and two European groups negotiating to take on construction and operations.
Western Australia’s domestic gas market is likely to have sufficient supply for the next decade if Chevron's Gorgon domgas stage two proceeds on time and other replacement fields come online as anticipated, according to the latest Australian Energy Market Operator report.
Woodside Petroleum expects to cut costs and its environmental footprint after contracting ABB Group to replace one of the gas turbine generators at its Goodwyn A platform in the North-West Shelf with a battery storage micro-grid.
A Chinese state-owned energy company has stepped up its efforts to gain control of the Waitsia gas field north of Perth, launching a hostile bid today for oil and gas group AWE after withdrawing its proposal for a friendly takeover earlier this week.
Decmil Group is well placed to secure a $275 million engineering contract for Chinese group Maoneng's 250-megawatt Sunraysia solar project in NSW, after signing a memorandum of understanding to complete early designs for the project.
AWE shares have tumbled after the Chinese state-owned energy corporation interested in buying the Australian oil and gas group withdrew its $430 million proposal, after it was unable to conduct a final due diligence review on the target.
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.
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.
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 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.
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.
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 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.