News

Australia and China can strengthen their ties with Southeast Asian nations through renewable energy initiatives and investments, which will aid the region’s transition towards a green energy future while creating opportunities for partnership-building despite geopolitical tensions. Collaboration pathways exist, including electric vehicles, with China’s leading role in EV technologies complementing Australia’s abundant supplies of lithium and other critical minerals. Another opportunity is renewables like hydrogen, where Australia and China offer significant advantages in production and research and development respectively.

Shares of Chinese electric vehicle battery giant CATL opened 12.5% higher than the subscription price on Tuesday after the company raised $4.6 billion in its Hong Kong listing, the largest in the world this year.

The Danish government has given the green light for a new 3GW offshore wind tender.

The Arab Energy Fund and Stonepeak have formed a $1 billion partnership to invest in Middle East energy infrastructure, while Carlyle has launched Revera Energy, a clean infrastructure platform.

New figures show the wind industry delivered a record 127GW of new capacity globally in 2024 despite macroeconomic and policy challenges.

Australian mining giant Fortescue is proposing to construct a huge 2.1 gigawatt (GW) wind farm and battery energy storage system (BESS) to help eliminate the burning of fossil fuels at its giant Pilbara iron ore operations.

Norway to spend $52b from wealth fund.

Vestas and LM Wind Power have finalised a deal that will see LM Wind Power’s blade factory in Poland transferred to the turbine maker.

Brookfield Asset Management has marked its first investment in Singapore with the acquisition of two business parks and a high-tech industrial building for S$535.3 million ($413 million)

Skimpy snow cover worsens Europe’s clean power woes