Energy Storage

South Australia welcomes 30 MW/8 MWh battery

Another big battery has gone live in South Australia with the goal to contribute to energy security and reliability as a heatwave puts grid under pressure. The $30 million energy storage system is developed and owned by ElectraNet, as the first battery in the NEM to provide regulated network services and competitive market services.

Octopus, Edify Energy provide finance for 333 MW Darlington Point solar farm

In the UK investor’s first deal since entering the Australian marketplace, Octopus Investments and Australian renewables developer Edify Energy have arranged more than $450 million to finance one of Australia’s major PV projects – a 333MW DC (275MW AC) solar farm, which has an approval to be collocated with a 100 MWh energy storage facility at Darlington Point, NSW.

Genex Power releases new details on Kidston project

After releasing the December quarter update for the 50 MW Kidston Solar Project Stage 1, which showed strong revenues and a big boost in generated power, Sydney-based Genex Power has shared a research paper on the term sheet signed with electricity provider EnergyAustralia for the 250 MW Kidston Stage 2 Pumped Hydro Storage development.

Interview: Senec aims to build retailer, installer relationships in Australian expansion

Seeing the Australian residential battery storage market as poised to take off, Senec’s Jaron Schächter, one of three Managing Directors of Senec Germany says that it looks to build “strong partnerships” as it continues to expand into market.

900 MW solar farm approved for Riverina region

In the final days of 2018, the NSW government gave its tick of approval for the construction of the state’s largest solar farm to date. The approval rounded off a year that saw a flurry of utility-scale solar construction activity and an unprecedented number of big solar additions in the state.

Tesla begins construction of Shanghai gigafactory

The EV and battery maker wants to start production of its Model 3 for the Chinese market by the end of the year. Next year, according to high-profile CEO Elon Musk, mass production of electric cars will start there, and this is expected to include their batteries as well.

NREL publishes U.S. large scale solar plus lithium ion storage cost study

NREL has released an report which, for the first time, highlights utility scale energy storage costs with various methods of tying it to solar power: co-located or not, and DC- vs AC-coupled.

Genex Power partners with EnergyAustralia on Kidston solar-pumped hydro project

Sydney-based publicly listed Genex Power has signed an agreement with electricity provider EnergyAustralia to begin construction on the 250 MW pumped hydro project as part of the Kidston renewables hub in north Queensland. Genex is now looking to secure financing for a 270 MW solar component of the project.

Victoria announces hydrogen program, community renewables grants

The Andrews Labor government is investing $2 million to boost the development of clean hydrogen energy technologies, and $1.1 million to support renewable energy projects in local communities across Victoria.

Santos to power oil well operations with solar+storage

In what is being billed as Australia’s first off-grid, 100% renewable energy project in the oil and gas sector, Santos will power 56 crude oil pumps into solar and battery storage. The project has won a grant from the Australian Renewable Energy Agency.

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