Akaysha Energy has secured $250 million in new financing that will accelerate the development of two large-scale battery projects in Queensland set to add a combined 710 MWh of energy storage capacity to the National Electricity Market.
French renewable energy and storage developer Neoen has initiated construction of the next stage of what will be one of Australia’s largest battery energy storage systems after securing a second four-hour capacity services contract for Western Australia’s main electricity grid.
Australian clean energy developers Atmos Renewables and Nomad Energy have received the green light for a 100 MW, four-hour battery energy storage system to be built near Merredin in Western Australia’s central Wheatbelt region.
The International Energy Agency has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
As rising renewables penetration and electrification place ever more strain on the world’s grids, the use of grid-forming inverters, rather than grid-following models, will play a vital role in network stability.
Singapore-based renewables developer Vena Energy has launched commercial operations of a 125 MW solar farm in Queensland’s Western Downs region that is backed by a long-term offtake agreement with global tech giant Amazon.
The federal government’s plan to deploy 400 community batteries across the nation to soak up excess solar generated on neighbourhood rooftops has reached the Australian Capital Territory with sites for three new battery energy storage systems unveiled.
Trina Storage has struck a deal to supply 1.5 GWh of integrated energy storage solutions to Pacific Green which has plans to construct what is to be one of Australia’s largest grid-scale battery energy storage systems.
A new report published by the Australian Energy Market Operator (AEMO) shows the nation’s clean energy transition is gathering pace with renewables, including large-scale and rooftop solar, accounting for almost 40% of the country’s electricity generation in the first three months of the year.
Energy generating and retailing giant AGL and joint venture partner Someva Renewables have committed to provide local councils and community organisations with “tens of millions” of dollars in funding if their proposed 1.5 GW Pottinger Energy Park planned for the New South Wales Riverina region proceeds.
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