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Battery storage in Australia continues apace
Australian local utility firm Zen Energy has agreed a deal to purchase a 2.5 hour battery storage site in the state of South Australia. The project, acquired from local developer and fellow Australian firm IPP RES, is forecast to come online in 2024.
Australia’s first offshore wind auction in 2025
Australia’s first offshore wind auction will be held in 2025 in the state of Victoria, according to Renew Economy Australia. The auction will be for at least 2 GW.
Russian-backed Bangladeshi NPP ahead of schedule
The first nuclear power plant to be built in Bangladesh has seen the completion of stage one of its outer containment building, with concrete pouring at the site completed a full 45 days ahead of schedule.
BrightNight, ACEN to accelerate 1.2-GW renewables portfolio in India
BrightNight has formed a partnership with ACEN Renewables International and ACEN International to accelerate the development, construction and operation of BrightNight’s 1.2-GW, multi-technology renewable power portfolio in India.
TotalEnergies has green hydrogen development pipeline of 30 GW in Australia
Total Eren, 30% owned by oil supermajor TotalEnergies, has over the past 18 months created a hydrogen development pipeline with up to 30 GW of generation capacity in Australia.
Pumped hydro eyed to help with renewables integration
In a missive issued by the Ministry of Power, it was revealed that Indian government policy is increasingly looking at utilising power from hydro projects around the nation in order to help improve the integration of overall renewable energy.
Green hydrogen subsidies needed across India to keep costs down
The business head of the influential Indian renewables firm ReNew, Rahula Kashyapa, has said that the central government of Narendra Modi in New Delhi needs to introduce a system of subsidies to help keep production costs of green hydrogen down.
Chinese nuclear safety key to promoting expansion overseas
Luo Qi, senior engineer at China’s National Nuclear Corporation (CNNC), has gone on record as saying he believes that nuclear technology is crucial to his nation’s strength through technology.
Qilak LNG plans $5bn LNG facility in Alaska
Qilak LNG has revealed it is seeking to build a 4mn tonne per year LNG export terminal in Alaska’s North Slope to be completed by the end of the decade.
GLNG: Qilak LNG plans $5bn LNG facility in Alaska
India reportedly complies with Western price cap on Russian oil
India’s government has instructed the country’s banks and traders to comply with Western sanctions on Russia, as the US, the EU and its allies work to get greater international backing for the measures to boost their effectiveness.
UK to prioritise fast gas developments in latest licensing round
The regulator overseeing UK oil and gas licensing has said it will prioritise the issue of licences for gas projects that can be brought quickly into production, in an effort to ease the country’s energy crisis.
INEOS, Wintershall Dea launch Greensand CCS project
European gas prices spike on March 9 amid cold weather, French strike action and nuclear concerns
European gas prices spiked on March 9, as a result of colder weather in northern Europe and expectations of further disruptions to LNG imports and nuclear outages.
Harbour sees 2022 profits "wiped out" by UK windfall tax
UK North Sea player Harbour Energy has said the UK’s windfall tax “wiped out” its profits last year, but it still paid out $1bn in shareholder dividends.
Shell considers Greenpeace challenge a "low risk" to Jackdaw project
Shell has expressed confidence that a legal challenge by environmental NGO Greenpeace is unlikely to cause disruptions to its plan to develop the Jackdaw gas field in the North Sea.
Five European majors file injunction against Brazilian government’s new oil export tax
Five European majors have raised objections to the Brazilian government’s decision to impose a temporary tax on oil exports, filing an injunction in a bid to halt the policy change.
Kyrgyzstan records January surge in electric car imports
Hungary’s MOL to sell 39 stations in Slovenia to Shell as part of takeover of OMV Slovenia
Guyana mulls another bidding round
Guyana’s Vice President Bharrat Jagdeo revealed last week that his country might carry out another offshore licensing round as early as next year.
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