Utility Scale Storage

The South Australian government says it is looking to implement a series of reforms to improve the reliability, affordability and security of the state’s energy market. According to its latest state budget, released on Tuesday, it has allocated $180 million to execute the program.

The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.

A report by Technavio suggests the global market for battery materials could grow 9% annually in the next four years. Analysts point to the increasing installation of storage systems with PV as a key driver.

Australia’s developer CWP Renewables has announced that its plans to add a 200 MW solar+storage project to the 270 MW Sapphire Wind Farm have been approved by the state government.

The driving force behind the innovative energy storage system installed at Amsterdam’s John Cruiff ArenA in the Netherlands, The Mobility House (TMH), talks to pv magazine about the death of the combustion engine, and how electric vehicles (EVs) are presenting both strong business cases, and unparalleled levels of flexibility via decentralized intelligence – blockchain technology – for electricity grids around the world.

South Australia readies to welcome another grid-scale Tesla battery – 25 MW / 52 MWh energy storage system to be installed at the Lake Bonney Wind Farm.

SIMEC Zen Energy, the Australian energy arm of Sanjeev Gupta’s GFG Alliance, has officially launched its landmark US$1 billion (AU$1.38 billion) renewable energy initiative, announcing the details of its first project – the 280 MW Cultana Solar Farm.

Looking back on the 2017-18 financial year, the Clean Energy Finance Corporation (CEFC) has confirmed it provided $1.1 billion towards renewable energy projects, including 10 large-scale solar projects.

The Tasmanian government is undertaking a review of the FiT support scheme, which it says will lower the cost of electricity for Tasmanian households and small businesses. With one of the state’s largest commercial solar PV projects commissioned yesterday, the government is edging towards its objective of making Tasmania’s electricity 100% renewable by 2022.

The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.