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.
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.
China’s installed energy storage capacity climbed to 164.3 GW by June 2025, according to the China Energy Storage Alliance (CNESA), marking a 59% increase compared to the previous year.
Egypt’s Suez Canal Economic Zone (SCZONE) has formalized a strategic partnership with the Bureau of Industrial and Labour Affairs of the Tokyo Metropolitan Government, signing a memorandum of understanding (MoU) to advance cooperation in green hydrogen.
Oman is sharpening its international outreach on hydrogen as Undersecretary of the Ministry of Energy and Minerals, Mohsen bin Hamad Al Hadhrami, met senior officials in Seoul this week to explore deeper cooperation with South Korea.
Hyundai Motor Company’s second-generation hydrogen fuel cell SUV, the All New Nexo, reached a significant milestone recently with 1,001 units sold in South Korea, marking a 203% year-on-year increase.
Australia’s push to expand renewable energy and storage capacity faces a familiar bottleneck: trust between developers and local communities. A new federal initiative, the Developer Rating Scheme, aims to address that challenge by scoring renewable and storage companies on governance, financial stability, and community engagement, with the first results expected after March 2026.
