Feb 22, 2018 Last Updated 9:32 AM, Feb 21, 2018

New Entry From the Editor :

Wesfarmers reports 87% H1 profit plunge on business write-downs

Wesfarmers reports 87% H1 prof…

AusBN - Wesfarmers (ASX:WES) has reported an 86.6% nose-dive in its H1 net ...

Australian female labour force participation reaches record high

Australian female labour force…

AusBN - Australia’s female labour force participation rate reached a ...

South Australia to help fund green hydrogen-fuelled power plant

South Australia to help fund g…

AusBN - The government of South Australia will help fund one of the largest...

100% renewable energy utility launched

solar australiaAusBN – A South Australian company has launched the country’s first 100% renewable energy utility, which will also free people from the national grid.

Zen Energy will use a combination of solar power generation, battery storage and localised energy grids to create self-sustaining communities that buy back the power they generate.

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Santos rejects $7bn takeover offer

santos logoAusBN – Oil and gas developer Santos has rejected a A$7.1 billion takeover offer, despite it representing a 26% premium on its share price at the time.

The offer came from Scepter Partners, a syndicate of wealthy investors including ruling families in Asia and the Middle East.

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NSW town to go 100% renewable

photovoltaiccellsAusBN – The town of Uralla in New South Wales plans to run on 100% renewable energy using a government-sponsored blueprint that could be adopted by other towns.

The blueprint is called the Zero Net Energy Town – the Uralla Case study, and outlines a two-stage process through which the town could go 100% renewable.

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