News

The head of BP Australia, the local offshoot of the global fossil fuel giant, has defended the decision to quit the giant 26 gigawatt (GW) renewable energy project in the Pilbara, saying its customers were not moving quick enough to justify its continued interest.

Octopus Australia has formed a $1bn partnership with Dutch pension fund investor APG Asset Management.

Iberdrola and Irish company Echelon have created a joint venture to build and operate data centres in Spain.

The combined wind output from the nearly 100 wind farms operating on Australia’s main grid burst through the 10 gigawatt barrier for the first time on Friday, setting a new peak of 10.16 gigawatts (GW) at 9.10 pm.

A consortium of companies led by Spanish renewable energy heavyweight Iberdrola and another involving Acciona are among six contenders pitching for selection as the network operator for the proposed New England Renewable Energy Zone (REZ) in northern NSW.

Saipem and Subsea7 have entered into a binding merger agreement, in line with terms first tabled earlier this year.

China may be on the verge of installing a world-first 25-megawatt (MW) wind turbine soon, following the announcement last week of a delivery of giant flanges for just such a project.

Irish developer DP Energy is planning to build a 1400MW wind farm and 500MW battery energy storage system (BESS) in Australia.

The Australian Energy Market Operator has reported a near doubling in completed wind, solar and battery projects in the last financial year to a new record high, following a surge of completions in the latest quarter.

India added a record 22GW of renewable energy capacity in the first half of 2025 – but is still relying too heavily on fossil fuels, according to Rystad Energy.