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Investments & Funding;Oil & Gas
Investments & Funding;Oil & Gas

World Bank expands Marshall Islands support package as fuel shock strains economy

The World Bank has approved an additional US$9 million in financing for the Marshall Islands to address escalating energy costs and associated fiscal pressures. The funding strengthens budget support measures as the Pacific nation confronts slower growth, higher inflation, and rising import expenses linked to global fuel market disruptions.

Marshall Islands | 3 days ago
Renewable Energy
Renewable Energy

Ark Energy advances NSW renewable storage project with NEM grid connection clearance

Ark Energy has obtained regulatory approval to connect its Richmond Valley Solar Farm and Battery Energy Storage System in northern New South Wales to Australia’s National Electricity Market. The milestone supports project financing and construction plans while strengthening the role of hybrid renewable generation and storage in grid reliability.

5 days ago • Australia
Telecom & Connectivity
Telecom & Connectivity

Telefónica Germany renews Hansen Technologies BSS deal and trials AI catalog agent

Telefónica Germany extended its strategic partnership with Hansen Technologies, continuing the deployment of cloud-native BSS platforms and beginning trials of an agentic AI capability for product catalog management, the companies said. The renewal cements Hansen’s position in Europe’s tier-1 telecom segment.

2 weeks ago • Australia;Germany
Renewable Energy
Renewable Energy

Tech consortium prepares to launch Mulwala Solar Farm in New South Wales

Google, AirTrunk, and European Energy Australia are finalising a 25-megawatt solar facility in the Riverina district. The project will soon supply renewable energy to the National Electricity Market, providing a scalable template for decarbonising high-demand digital infrastructure.

2 weeks ago • Australia
Renewable Energy
Renewable Energy

Australia secures 7.8 GW of renewable capacity in oversubscribed CIS Tender 7

The Australian Government has finalized Tender 7 of the Capacity Investment Scheme, selecting 19 projects to deliver 7.8 GW of generation. This outcome exceeds the initial 5 GW target and integrates substantial battery storage, supporting grid stability and the national transition toward net-zero targets.

2 weeks ago • Australia
Navy
Navy

RTX to supply SeaRAM defense systems for Australia's new frigate fleet via MHI contract

Raytheon has secured a contract from Mitsubishi Heavy Industries to provide SeaRAM self-defense technology for the Australian Sea3000 General Purpose Frigate program. The agreement covers the first three vessels of an 11-ship modernization plan, with deliveries starting in 2028, highlighting increased maritime defense collaboration between Japan and the United States.

4 weeks ago • Australia
AI & Automation
AI & Automation

NVIDIA and IREN partner to deploy 5 GW of DSX-aligned AI infrastructure

NVIDIA and IREN Limited have entered a strategic partnership to develop up to 5 gigawatts of AI-optimized data center capacity. The agreement includes a $2.1 billion investment option for NVIDIA and centers on building massive 'AI factories' using the NVIDIA DSX architecture, primarily at IREN’s 2-gigawatt Texas campus.

1 month ago • Australia;United States
Navy
Navy

CAE awarded five-year naval training sustainment contract with Australia

CAE has been awarded a five-year Training Systems Technical Support contract with the Commonwealth of Australia to sustain Royal Australian Navy warfare training systems. The agreement, effective 1 July 2026, covers bridge simulators and combat centres across Sydney and Perth, supporting multi-domain training operations.

1 month ago • Australia
Renewable Energy
Renewable Energy

GenusPlus Group secures $110 million turn-key contract for South Australia’s KLG battery storage facility

GenusPlus Group has been awarded a $110 million contract to deliver the 200MW/800MWh KLG battery energy storage project in South Australia for Equis Development. The turn-key agreement covers engineering, procurement, and construction, with the facility expected to enhance grid reliability and support the region’s renewable energy transition by late 2027.

2 months ago • Australia
Renewable Energy
Renewable Energy

Fortescue commits $680 million to expand Pilbara green energy capacity

Fortescue has approved a US$680 million investment to develop the 200 MW Pilbara Green Energy Project, adding renewable generation beyond its Real Zero by 2030 requirements. The off-grid system with battery storage targets completion by 2028, with a pathway to multi-gigawatt expansion, serving data centre demand.

2 months ago • Australia

Latest News

Infrastructure | 3 days ago

Centre approves ₹16.63 billion infrastructure upgrade for Kerala NH project

The Indian government has granted administrative and technical clearance for the initial phase of the Kollam-Theni National Highway expansion. Valued at ₹16.63 billion, the 24-month project will widen a crucial 54.37-kilometer corridor to four lanes using the Engineering, Procurement, and Construction framework.

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