The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Libra Energy has unveiled its first major Australian renewables project, announcing plans to build an 850 MW / 3,400 MWh battery energy storage system in southeast Queensland to help soak up excess solar energy and stabilise the grid supply and demand during peak hours.
Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.
Ark Energy has confirmed the development application for a 500 MW solar farm and 2,200 MWh battery energy storage system planned for northern New South Wales has been lodged with the state planning department.
Growth in Australia’s renewable energy sector is strong with 43 GW of new utility scale generation and storage projects working through the National Electricity Market connection process but concerns remain that uncertainties surrounding approval processes could impact investor confidence.
Analysis by solar and storage market consultancy SunWiz has identified the most popular brand of battery energy storage systems in the Australian market with Chinese manufacturers leading the way.
Multiple factors affect lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.
Origin Energy has approved a $450 million investment to construct the second-stage 240 MW / 1,030 MWh four-hour duration grid-forming battery at Eraring Power Station in New South Wales, set to boost the site’s energy storage to over 2 GWh.
The Koorangie battery energy storage system being constructed in northwest Victoria has achieved a major milestone with the delivery of 100 Tesla Megapacks with grid-forming inverters that operate in virtual machine mode.
Western Australia clean energy developer Frontier Energy has been granted $215 million in debt finance for its Waroona Renewable Energy Project south of Perth, from specialist infrastructure fund Infradebt.
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