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After 40 years of existence British hydrocarbons giant BP has decided to close down its solar power operations.
Australian gas transmission and distribution firm APA Group have announced a takeover offer for rival Hastings Diversified Utilities Fund (HDF) in a deal giving HDF an enterprise value of A$1.8 bn ($1.82 bn).
TrustPower plans to start construction on a new $13m hydro electricity generation scheme in Hawkes Bay, New Zealand.
The UAE is to develop solar energy projects in Tonga and Afghanistan in a joint venture with the Development Bank of Japan.
The New South Wales government in Australia went into the election last March planning to merge the three existing electricity distributors into two, and now plans have progressed further.
20 power projects totalling more than $12.9bn in investment are in the planning and engineering phase and are scheduled to begin construction in 2012 or later in Queensland.
In the current economic climate, the need to keep operating costs low but efficiencies high are greater than ever.
The long-term viability of wind energy generation in Australia looks more certain with new data from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) showing an increase in atmospheric wind speeds over the past 20 years.
Australia’s Federal Government has pledged $70m to fund research into building the 150 MW Moree Solar Farm, Australia’s first utility-scale solar photovoltaic (PV) project.
An Australian energy company wants to build two gas fired power stations in Queensland which it claims would boost the state’s electricity generation by 20 per cent.
