RCR Tomlinson has revealed the details of a $57 million write-down at one of its solar projects, with the contractor today announcing a $16.1 million loss for the 2018 financial year and a $100 million capital raising to help cover the cost overruns.
The Corruption and Crime Commission has released its second damning report in less than a week, calling for criminal charges against a former Horizon Power IT manager, his business partner and his accountant.
Subiaco-based oil and gas junior Calima Energy has raised $25 million through a placement, and aims to pick up a further $40 million through debt to underpin a drilling campaign at its Canadian exploration tenements.
State opposition leader Mike Nahan has locked in part of his party’s energy policy early in the election cycle, pledging on the weekend to allow competition in retail power markets if his party wins the 2021 election.
States and territories have signed up to the federal government's proposed National Energy Guarantee today, and it will have a big impact on Western Australian industry despite the state not being part of the National Electricity Market.
WA-based Azark Projects is calling on the federal government to review its preference for a nuclear waste storage facility in South Australia, with the George Gear-led company proposing Leonora as a more suitable location.
It may have gone largely unnoticed in Western Australia, but a recent report into the east coast's electricity market could have major implications for the state, including for government-owned monopoly power business Synergy.
Gas users will save nearly $200 million over five years after the Australian Competition Tribunal dismissed a move by the owner of the Dampier to Bunbury Natural Gas Pipeline to alter a pricing decision by the state’s Economic Regulation Authority.
Lithium advocates have been cautioned to separate facts from hype as it is not yet clear if battery manufacturing in Western Australia will be practical, although refining plans should proceed immediately, according to Mckinsey & Co partner Prabhav Sharma.