Engineering and construction firm Forge Group has diversified into the energy sector through the acquisition of Balcatta-based CTEC Pty Ltd for up to $38.6 million.
CTEC provides engineering, procurement, construction and maintenance services to the energy and utilities sectors.
In a bad sign for the renewable energy market, Perth-based solar power specialist Solco has withdrawn a $4 million rights issue offered last month due to price instability in the solar market.
Perth-based renewable energy company Solco has won a contract worth up to $850,000 to install solar power systems across seven buildings in Parkes, New South Wales.
Solco said the grid-connected photovoltaic systems would provide a total generation capacity of up to 250 kilowatts.
Woodside Petroleum has released an environmental study on the offshore component of its Browse liquefied natural gas project for public review that shows most activities associated with the development have been assessed as low risk.
Perth-based miner Kagara has begun talks with potential buyers of its nickel assets after its mining partner Western Areas indicated it was not interested in a purchase.
Western Areas last week rejected speculation it would buy Kagara's Lounge Lizard nickel mine in Western Australia.
Anvil Mining shares slipped today after the company said its $C1.3 billion ($1.2 billion) takeover offer from MinMetals Resources may be in danger of falling over.
The Economic Regulation Authority has progressed the development of one of the largest wind farms in the country after granting an electricity generation licence to the $750 million Collgar wind farm in the Wheatbelt.
The state government has announced the development of an energy Generation Outlook to provide an outline of the type, size and timing of future power generation to help ensure Western Australia has adequate, cost-efficient electricity supply.
FOR THE RECORD DOWNLOADS
