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Engie began building a 200-MW battery storage system in South Australia to enhance grid stability and support renewables.
Engie has started construction on a 200-megawatt/400-megawatt-hour battery storage system at South Australia’s Pelican Point power station, aiming to boost grid stability and support renewable integration.
The project co-locates with a gas-fired plant, part of a broader shift toward hybrid energy solutions.
Meanwhile, Recce Pharmaceuticals reported positive preclinical results for its inhaled antibiotic R327, showing effectiveness against pneumonia-causing bacteria.
In mining, Askari Metals acquired Ethiopia’s Nejo gold-copper project, while Riversgold expanded its gold mineralization at a Western Australian site.
Lion Rock Minerals launched a major infill drilling program in Cameroon to assess rare earths and heavy minerals.
Abacus Global Management announced its first annual dividend of $0.20 per share, and Wall Street surged on expectations of a December Fed rate cut, with tech stocks leading the rally.
New Era Energy & Digital expanded its Texas AI campus with a 203-acre land deal to support large-scale data center development.
Engie comenzó a construir un sistema de almacenamiento de baterías de 200 MW en Australia del Sur para mejorar la estabilidad de la red y apoyar las energías renovables.