The 25 MW / 50 MWh Tesla battery collocated with the 60 MW Gannawarra Solar Farm has been officially opened.
The April shelving of a major solar thermal plant has done little to slow the pace of renewable energy projects being proposed in South Australia.
The South Korean battery manufacturer has joined forces with Victorian recycler Envirostream to develop processing solutions and reduce battery waste stream in Australia.
The French renewables giant has reached financial close for the 256.5 MW Kiamal Solar Farm with the support of a group of Australian and European financial institutions. Additionally, Australia’s green bank Clean Energy Finance Corporation entered the project by taking a minority equity stake.
The Singapore-based developer plans to build another stage of the solar project similar in size and add a grid-scale battery.
Renewable energy investment in the APAC region, excluding China, will overtake spending on oil and gas exploration and production spending by 2020, finds Norwegian consultancy Rystad Energy. And Australia is set to emerge as one of the leading investment destinations.
The combination of solar plus storage is super-charging the deployment of batteries across the country, and IHS Markit says that the United States will become the largest market for grid-tied energy storage this year.
The Western Australian Environmental Protection Authority is seeking public submissions on the massive Asian Renewable Energy Hub proposed for the Pilbara region.
Canadian company CellCube Energy Storage Systems and Pangea Energy have signalled their intention to install a 50 MW/200 MWh energy storage system in Port Augusta, South Australia.
Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
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