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Emeco finds takeover target in Pit N Portal

Posted Within Resources On 29-01-2020

Emeco plans to acquire hard rock underground mining services company Pit N Portal in a deal worth $72 million.

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SRG Global wins $90m Alcoa contract

Posted Within Resources On 29-01-2020

Alcoa of Australia has awarded SRG Global with a $90 million multi-disciplinary asset services contract, after giving the latter a preferred tenderer status in December last year.

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AGL signs 15 year deal for “giant” battery in Queensland

Posted Within Energy & Utilities On 29-01-2020

Major utility has announced a big expansion of its big battery plans, with a 15-year deal for a new 100MW/150MWh “giant” battery to be built next to the Wandoan solar farm in Queensland and close to AGL’s new Cooper’s Gap wind farm.

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Big US utility says “near-firm renewables” soon to be cheaper than fossil fuels

Posted Within Energy & Utilities On 29-01-2020

The CEO of US-based clean energy company NextEra Energy says wind and solar projects co-located with battery storage – so-called “near-firm renewables” – will be cheaper to operate than most fossil fuel-powered plants by 2025.

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World’s largest operational tidal stream array generated 13.8GWh in 2019

Posted Within Energy & Utilities On 29-01-2020

Simec Atlantis Energy, the once Australia based and now global developer, owner, and operator of the world’s largest operational tidal stream array, has published an operational update on its 6MW MeyGen tidal stream project in Scotland, along with expansion plans to add an additional 80 MW.

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