Mining billionaire Andrew Forrest continues to make good on his commitment to transform Australia into a world-class green energy titan, with the announcement of what could become the southern hemisphere’s largest solar, wind, and battery hub. Forrest-owned Squadron Energy Orders has issued contracts to immediately start construction for the $3 billion (US$2.2 billion) Clarke Creek…
Australian Billionaire Unveils Biggest Renewables Hub in Southern Hemisphere
Australia’s Biggest Coal-Fired Power Station to Close 7 Years Early, Big Battery Announced
Origin Energy has announced plans to shut down Australia’s biggest coal-fired power station in 2025—seven years earlier than originally scheduled—with plans for the southern hemisphere’s biggest battery to make up part of the loss. Coal powers more than two thirds of the state of New South Wales’ (NSW) energy demand, with the Eraring coal plant…
$9.5 Billion in Hydrogen Spending Through Infrastructure Bill Detailed by Department of Energy
The Department of Energy (DoE) has released more details in formal requests for information (RFI) on two major hydrogen energy initiatives funded through last year’s infrastructure bill. The first release concerns an $8 billion program to finance at least four regional hydrogen energy hubs across the United States. The second release concerns both a $1…
Astrophotographer Snaps Hi-Resolution Solar ‘Mosaic’ Using Over 300,000 Shots From Telescope in His Backyard
There’s only so much beauty in the heavens that the human eye can capture. That’s why astrophotographer Andrew McCarthy trains his telescope and camera skyward from his backyard in Florence, Arizona—usually at night—to take in spectacular shots of stars, our silver lunar satellite orbiting overhead, or even the shimmering disk of the sun. The photographer…
Second Renewable Energy Zone Announced in Australia
The New South Wales (NSW) government has officially declared the nation’s second renewable energy hub as the Australian state plans to gradually phase out its fleet of coal-fired power stations. The hub will be located in New England in the state’s north-east, with the NSW government banking on $10.7 billion from the private sector to…
California’s Solar Proposal Paused Amid Public Backlash
SACRAMENTO, Calif.—A controversial vote before the California Public Utilities Commission on a proposal that could dramatically change the state’s burgeoning rooftop solar industry has been indefinitely postponed, according to officials. The commission’s proposal—as it reads now—is to not only reduce credits up to 80 percent those homeowners and businesses receive when they generate more power…
US Coal Stockpiles Near Historic Lows
The U.S. Energy Information Administration’s (EIA’s) latest short-term energy outlook (pdf) reveals that coal inventories in the electric power sector reached 93.7 million short tons as of December 2021—an increase since September when stockpiles hit a historic low not seen since the Carter administration. Isaac Orr, a policy fellow at the Center of the American…
Australia Steps Towards Its Biggest, Billion-Dollar Renewable Energy Hub
Australia will see its portfolio of solar, wind, and battery resources grow dramatically upon the completion of a new billion-dollar energy hub in South Australia (SA)—slated to be the biggest in the nation—starting initially with its wind farm component. Two hours north of Adelaide, the state’s capital, the Goyder Renewables Zone, has commenced early works…
Exclusive: Gosar Says Democrats ‘Want to Cripple And Destroy The Mining Process’
Rep. Paul Gosar (R-Ariz.) told The Epoch Times that several Democrats should be stripped of their committee assignments if Republicans regain control of Congress in the 2022 midterm elections. In November 2021, Gosar was censured and taken off committees after his Twitter account shared an anime video in which a cartoon version of the congressman…
NTD Business Full Broadcast (Jan. 3)
The Food and Drug Administration is authorizing booster shots for 12- to 15-years-olds. Tesla is joining the fight against a California proposal about solar energy. Some companies fear it could effectively kill the solar industry in the state. Media companies are set to invest billions of dollars this year on new content, despite losing money…
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