One of the biggest players in Australia’s surging battery energy storage system market says regulators and policy makers must establish effective frameworks for market access and get the market signals right to ensure continued investment.
Registration for the Australian government’s fourth Capacity Investment Scheme tender is now open with this latest competitive auction for underwriting contracts targeting 6 GW of new solar and wind projects.
Packaging manufacturing and recycling giant Visy Industries has announced the deployment of a combined 4.5 MW of solar across the rooftops at seven of its Australian sites as it seeks to reduce its reliance on grid-supplied electricity.
Chinese solar giant Trina Solar has lodged plans to build a 1 GWh battery energy storage system in Victoria as part of a broader strategy that aims to deliver more than 6.5 GW of large-scale renewable energy generation and storage projects across Australia.
The New South Wales, South Australia, and Victoria power grids have been successfully connected with the $2.3 billion EnergyConnect transmission infrastructure project now live, enabling renewable energy to be shared directly between the three states.
Vast Renewables has unlocked $30 million of federal government funding which it says will help ramp up manufacturing capacity for its concentrated solar thermal technology and advance construction plans for its first large-scale solar thermal project.
Australia is on track to reach the Albanese government’s 43% emissions reduction target by 2030, according to the most recent analysis by the Climate Change department.
Renewables developer Engie has signed a “virtual battery” deal with fellow French company Neoen that will allow it access to the 40 MW of the Victoria Big Battery.
The New South Wales clean energy transition is ramping up with the state government providing planning approval for a second 2 GWh battery energy storage system in as many days.
The 300 MW Walla Walla Solar Farm in southern New South Wales, hailed as one of the state’s biggest, has begun generating power less than two years after Fotowatio Renewable Ventures Australia reached financial close on the project.
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