Latest Power Generation News

EVZ Limited closed FY26 with a net positive operating cash flow of $10.1 million and an $18.3 million cash balance, while maintaining a robust $80 million contract backlog and progressing several acquisition opportunities for FY27.

X2M Connect has secured $2 million in a placement to boost its data centre and AI energy management platform, with a fully underwritten $1 million Securities Purchase Plan to follow. The capital raise supports sensor integration, platform enhancements, and battery energy systems aimed at cutting data centre precinct energy costs by up to 20%.

Latrobe Magnesium (ASX: LMG) is set for leadership change with Robert Stein stepping in as CEO from October 2026, while Peter Mizera takes charge of the Construction Committee, underpinning the company’s push towards magnesium metal production.

Green360 Technologies has locked in its inaugural commercial supply contract with Holcim Australia for up to 4,800 tonnes of its MKX-CC low-carbon cement replacement, marking its shift from development to commercial sales amid tightening supplementary cementitious material supplies.

Botala Energy’s Pitse Pilot well 3.5B in Botswana has successfully completed hydraulic stimulation and entered commercial production testing, marking a critical step toward establishing gas flow rates above 70 GJ/day.

NH3 Clean Energy (ASX:NH3) has updated investors on its WAH2 Project, aiming for commercial operations by 2030 to produce low-emissions ammonia for Asia-Pacific markets. The presentation highlights strategic advantages, partnerships, and a phased development plan amid ongoing contract and financing negotiations.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Botala Energy confirms encouraging reservoir permeability at its Serowe-3.5B well in Botswana, setting the stage for hydraulic stimulation and production testing that could unlock commercial gas flows.

TMK Energy’s Gurvantes XXXV Pilot Well Project posted an 8% rise in average daily gas production in June 2026, driven by a second significant gas spike at well LF-07. The company has selected Major Drilling to execute its upcoming drilling and workover program scheduled to start in August.

Monadelphous Group has landed over $200 million in new contracts spanning wind turbine installation, maintenance, and construction services across Australia and Papua New Guinea.

Deep Yellow Limited has secured a 50% interest in the Cooper Creek Joint Venture, significantly enlarging its tenure in the Alligator Rivers Uranium Province and reinforcing its uranium exploration portfolio in Australia.

Verbrec has secured a $21 million contract to upgrade the McArthur River Pipeline, enabling commercial gas flow from the Beetaloo sub-basin and bolstering Northern Territory's energy security.