Rystad Energy has released analysis of the federal government’s Solar Sharer scheme saying forecast increased demand from utility and household batteries and a slowdown of rooftop solar could boost utility renewables and coal via increased daytime demand, but impact gas and utility batteries.
TrinaSolar division, Trina Storage and Pacific Green Energy Storage have entered a memorandum of understanding to deliver up to 5 GWh of grid scale battery energy storage systems (BESS).
Akaysha Energy has closed $460 million construction financing for its 311 MW / 1,244 MWh Elaine BESS in Victoria, where works have also begun, with financing underpinned by a 15-year virtual tolling agreement with Snowy Hydro.
Hydro Tasmania has completed a major $18 million upgrade of the central system that allows it to monitor and control most of the State’s 7,347 GWh hydropower system from Hobart.
The AFR Energy and Climate Summit focused on demand and AI’s impact on the grid, but the real question is being overlooked: how do we connect data centres without repeating past mistakes in the energy transition?
Australian green lender Brighte has secured $40 million from the Clean Energy Finance Corporation under the federal government’s household energy upgrades fund, to support the roll out of up to $150 million worth of consumer energy resources.
Australian start-up, Infravision, has raised $91 million Series B from investors led by GIC that will help accelerate the global deployment of its power line stringing and automated grid construction technology.
Consumers and the grid could both be winners if a Default Market Offer review recommendation is enacted, requiring electricity retailers to offer a zero-cost electricity period standing offer, potentially starting 1 July 2026.
United Kingdom energy storage developer Eku Energy has been granted development approval by the Victorian government for its 300 MW / 1,200 MWh Tramway Road battery project in the southeastern Gippsland region of the state.
The hybrid 322 MW / 1 GWh Meadow Creek Solar Farm and utility battery has secured planning and environmental approvals from the Victorian government despite community opposition from the Rural City of Wangaratta.
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