The lodged offers represent over AUD 100 billion (USD 71.7bn/EUR 63bn) of potential investment in 24 solar parks, 13 onshore and seven offshore wind farms, 35 large-scale batteries and eight pumped hydro plants. It is estimated that these projects have the potential to deliver more than 100,000 GWh of total electricity per year.

RES has acquired Blueshore, an asset management business with 1.6 GW of renewable projects under management in Australia.

Australia’s largest planned Renewable Energy Zone (REZ) is to be built in the New South Wales (NSW) northeast with the state government announcing the New England REZ, which will deliver at least 8 GW of new network capacity, has been formally declared.

Designs for a $10.7 billion green hydrogen and ammonia facility in Western Australia’s Pilbara region have been finalised

Natural gas consumption increased very rapidly between 2000 and 2019 (3%/year) and then dropped by 3% in 2020 to 40 bcm.

Australia is seeing a rapid rise in the addition of solar power and has over 80 hydrogen projects planned, with renewable energy-based schemes outnumbering blue hydrogen schemes.

Australia's adoption of a net zero emissions target is significant as it is one of the largest producers and exporters of fossil fuels and falling in line with the UN mandated net zero pledge would signal there could be tighter regulations on emissions reduction.

The projects were unveiled as part of Rio Tinto’s newly announced plans to spend $US7.5 billion ($A10 billion) slashing its scope 1 and scope 2 emissions by half by 2030.

Edify Energy has received approval to build and operate a 1 GW green hydrogen production plant and a solar photovoltaic (PV) and battery storage project within the Lansdown Eco-Industrial Precinct in Townsville, Queensland (Australia).

Australia's hydrogen industry said more is needed from the government to help the industry reach commercial scale.

The Merger creates a regional champion of size and scale, with a pro-forma market capitalisation of approximately A$21 billion

The reported net profit after tax of US$354 million includes net gains on asset sales and is significantly higher than the corresponding period mainly due to impairments included in the previous half-year result.

Pro-forma market capitalisation of A$21 billion which would position the merged entity in the top-20 ASX-listed companies and the 20 largest global oil and gas companies

Officials said the new power contract would begin in July 2022, when its existing contract with Shell expires, and run for 10 years.

Santos and Eni have signed a Memorandum of Understanding (MOU) to cooperate on opportunities in northern Australia and Timor-Leste.