Energy Vault acquires eight-hour battery project in NSW
United States-headquartered energy storage solutions company Energy Vault has inked an agreement to purchase the 125 MW / 1,000 MWh Stoney Creek battery energy storage project from Victoria-based renewable energy developer Enervest.
Search for New England REZ network operator begins
Australia’s largest planned renewable energy zone has reached another milestone with the New South Wales government launching the search for a network operator to help deliver the New England REZ that is to provide at least 8 GW of new network capacity.
Quinbrook secures financial close on UK’s largest solar and storage project
Australian-owned Quinbrook Infrastructure Partners has completed financing for the Cleve Hill Solar Park in England. The solar and storage project will be the largest in the United Kingdom when it goes live later in 2025.
Rooftop solar install rates roll on with 3 GW added in 2024
Australia’s rooftop solar uptake continued to surge in 2024 with a new report revealing more than 300,000 PV systems with a combined capacity of almost 3 GW were bolted on to the roofs of homes and businesses across the nation last year.
Philippines issues terms for renewables auction with storage
Pairing solar plants with battery energy storage systems will be the main strategic focus for the Philippines’ upcoming renewable energy auction. Each project must have a minimum storage duration of four hours to ensure sufficient grid support and energy reliability.
Household batteries charge ahead, with VoltX recording a 500% uptake spike
VoltX Energy has reported seeing a record 500% spike in demand for solar battery storage in the past 12 months, expanding from New South Wales into Queensland and the South Australian markets, to keep up with demand.
Rystad forecasts 17% shortfall from 82% renewables target
Rystad Energy research has forecast Australia’s 82% renewable energy by 2030 target, will fall short by 17% under what they describe as the most optimistic scenarios, with gas being a key to energy security and transition.
Yindjibarndi Energy projects join national renewables priority list
West Australian Indigenous-owned and operated Yindjibarndi Energy Corporation has had two of its projects prioritised for regulatory approval on the federal government’s national renewable energy priority list.
Ark Energy inks deal with Hanwha to supply Richmond Valley BESS technology
Ark Energy, the Australian subsidiary of Korea Zinc Company, has signed a supply agreement with Hanwha Energy for the battery energy storage system at Ark’s proposed Richmond Valley hybrid solar battery project in New South Wales.
Edify Energy hybrid power station to supply Rio Tinto aluminium smelter
Edify Energy’s proposed solar power station in Queensland will supply 90% of its power and battery storage capacity to mining giant Rio Tinto’s Gladstone aluminium operations, following the signing between them of two hybrid services agreements.
