Winners of nation’s largest storage tender include two ex-coal plant big batteries, VPP series
More than 1 GW of firmed storage capacity is set to be delivered by the six winning projects from the New South Wales (NSW) tender combining state and federal schemes. Akaysha Energy’s 415 MW / 1660 MWh battery in Wellington and AGL’s 500 MW / 1000 MWh Liddell battery are the round’s two biggest projects.
Fortescue brings three projects to FID committing $1.1 billion
Fortescue has announced three projects – two in Australia and the other in the US – have reached final investment decision (FID). The company held its annual general meeting today, where members voted down its contentious executive pay policy.
Around 6,000 recalled LG home batteries have still not been located
Around 6,000 batteries involved in the years-long LG battery recall have not yet been located, the ACCC has said. To date, there have been at least nine reported incidents involving the batteries, including one personal injury and one house “completely destroyed.”
Modular tech has Territory solar and storage project on fast track
A solar and battery energy storage project that will deliver a major boost to the renewable energy system that helps power a remote community on Bathurst Island off Australia’s northern coastline is rapidly nearing completion with a team of four workers taking just four days to roll out 1.2 MW of solar.
Fortescue continues US expansion with new clean energy manufacturing plant
Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.
Macquarie targets 4 GW of solar, wind and batteries with new energy business
The green investments arm of global financial services group Macquarie Asset Management has launched a new specialist renewable energy business targeting an initial pipeline of 4 GW of wind, solar and battery energy storage projects across Australia.
WA commits $708 million to future-proof state’s main grid
The Western Australian government will invest more than $700 million (USD 455 million) to deliver the step change in electricity transmission infrastructure needed to unlock renewable energy generation opportunities that will support the state’s energy transformation.
Behind-the-meter battery drives Tonsley towards 100% renewables target
A former car manufacturing site turned “innovation precinct” in South Australia is one step closer to being powered by 100% renewable sources with a 4.5 MWh battery energy storage system having officially commenced operations.
Tesla to take on incumbents in Australia’s retail market
Electric vehicle and battery energy storage manufacturing giant Tesla is aiming to “disrupt the traditional incumbents” in Australia’s electricity retail sector with its application for an electricity retailer licence having been accepted by the market regulator.
WA cuts approvals red tape for major green energy projects
The Western Australian government has introduced a new environmental assessment exemption order in a bid to facilitate smoother and faster approvals for major renewable energy projects and support the state’s decarbonisation efforts.
