Energy

Oct 26, 2020
Financial milestone for $600m solar project

Financial milestone for $600m solar project

Neoen has tied up the finances it needs to proceed with the Western Downs Green Power Hub, described as the largest solar farm in Australia. The $600 million project near Chinchilla is expected to create more than 400 construction jobs. Sterling & Wilson were appointed as the project’s Engineering, Procurement & Construction (EPC) contractor in May, design and engineering works be...

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Oct 22, 2020
$1 trillion needed for energy transition metals

$1 trillion needed for energy transition metals

More than $US1 trillion of investment will be needed in metals such as aluminium, cobalt, copper, nickel and lithium over the next 15 years to meet the growing demands of decarbonisation, according to analysts Wood Mackenzie. This is almost double the figure invested over the previous 15 years. “One can argue about both the pace and scale of the energy transition but the criticality of me...

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Oct 13, 2020
More jobs flow as Senex steps up Roma North output

More jobs flow as Senex steps up Roma North output

Senex has taken a Final Investment Decision to increase its Roma North gas production by 50 per cent, just weeks after announcing a similar boost for the Atlas domestic gas project. About 50 construction jobs are set to be created in the $30 million-plus project to expand the Roma North natural gas processing facility, drill more wells and build supporting infrastructure. Senex said the ex...

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Oct 06, 2020
Budget backs gas-fired recovery plan, NAIF reforms

Budget backs gas-fired recovery plan, NAIF reforms

The 2020-21 Budget is supporting the Federal Government’s gas-fired recovery plan with $28.3 million to develop five Strategic Basin Plans. This will start with plans for the Beetaloo Basin in the Northern Territory and the North Bowen and Galilee Basin in Queensland. Minister for Resources, Water and Northern Australia Keith Pitt said the plans would unlock and accelerate the develop...

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Sep 30, 2020
QUT research adds shine to  $600m energy project

QUT research adds shine to $600m energy project

Vast Solar has joined forces with the Queensland University of Technology to help optimise its planned $600 million clean energy project in Mount Isa. The North West Queensland Hybrid Power Plant will use concentrated solar thermal power (CSP) technology based on mirrors. This will be integrated with a solar PV system, a large-scale battery and gas engines. Vast Solar said the new plant...

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Sep 25, 2020
Setback for pumped hydro project timetable

Setback for pumped hydro project timetable

Genex Power is working to finalise financing for its Kidston Pumped Storage Hydro Project after a the State Government this week reaffirmed its commitment of $132 million towards transmission infrastructure. The 250MW energy project, being built at the old Kidston gold mine site, has a total construction pricing of about $600 million, excluding transmission costs, financing costs and developme...

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Sep 23, 2020
State Gas stoked with additional acreage

State Gas stoked with additional acreage

State Gas has welcomed the award of substantial new acreage west of Rolleston as a ‘company-maker’, saying it has the potential to quadruple its resource position. The company has been appointed preferred tenderer for a 1414sq km block (Block 5) in the latest Queensland Government petroleum land release. The land surrounds the northern part of the site where State Gas is devel...

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Sep 22, 2020
Good news for Denison Gas as drilling program begins

Good news for Denison Gas as drilling program begins

Denison Gas has commenced the first well in a development drilling program to increase gas deliverability to its Yellowbank processing facility.  It comes amid news that State Government has named Denison Gas as preferred tenderer for PLR2020-1-10 – a 668sq km block about 135km north of Roma. The area immediately adjoins several Denison Gas petroleum leases which contain the Sou...

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Sep 22, 2020
Taylor outlines technology investment priorities

Taylor outlines technology investment priorities

Hydrogen, energy storage and carbon capture and storage are key planks of the Federal Government’s new Low Emissions Technology Statement. Energy and Emissions Reduction Minister Angus Taylor released the statement, described as the first milestone in Australia’s Technology Investment Roadmap. It outlines five priority technologies and economic stretch goals to make new technologies...

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