Browsing: Pacific

Global hydrogen demand climbed to nearly 100 million tonnes in 2024, up 2% year on year, underscoring the fuel’s entrenched role in refining and heavy industry.

Australia’s ambitions to establish itself as a hub for e-fuels production have taken a step forward, with HIF Global confirming that its proposed $2 billion green hydrogen–based methanol facility in Tasmania will now be built on the site of the former Burnie paper mill rather than its previously selected location in Hampshire.

Tesla’s Shanghai Megafactory, launched in December 2023 with the capacity to produce 10,000 Megapacks annually, has already built its first 1,000 units as of July 2024.

India’s renewable energy ministry and Japan’s Ministry of Economy, Trade and Industry (METI) have established a joint framework for hydrogen…

Australian energy storage manufacturer PowerCap enters the European market with sodium-ion battery systems priced at €500 per kWh, targeting Italy,…

Australia’s latest Capacity Investment Scheme tenders targeting 2.4GWh of energy storage and 1.6GW of renewable generation in Western Australia represent…

Australia’s Fortescue Metals Group posted its smallest full-year profit in six years, reporting an attributable net profit after tax of A$3.37 billion for the year ended June 30, down from A$5.68 billion a year earlier and largely in line with analyst expectations of A$3.43 billion.

The collapse of a flagship green hydrogen project in Gladstone has triggered a A$66 million legal battle between the Queensland…

Singapore will see its first hydrogen-compatible cogeneration plant come online in the first half of 2026, but investors warn that the broader economics of green hydrogen remain under strain.

At 12:35 p.m. on August 20, electricity demand on Jiangsu’s power grid hit 155,000 MW, the fourth record peak of the summer and a 5.99% increase over last year’s maximum load.