Batteries boom as investment in large-scale renewables slumps to a 5-year low
New data released by the CEC and confirmed by industry experience, shows investors have become shy of committing to large-scale renewable projects in Australia, where government intervention has created uncertainty, and grid risk is virtually impossible to quantify — even with a prized connection agreement in hand.
Stanwell announces new battery as part of state storage blitz
The Queensland Government is doubling down on its renewable energy strategy, announcing the state’s largest battery is soon to be connected to the grid and unveiling plans to build a large-scale standalone battery alongside the coal-fired Tarong Power Station.
Large-scale solar PV slows as big battery investment takes off
Renewable energy developers in Australia have turned their attention to energy storage with the level of investment in utility-scale batteries skyrocketing by more than 300% in the past three months but that has been offset by a worrying decline in the number of large-scale solar PV and wind projects reaching financial close.
Callide catastrophe sparks calls for big batteries
Queensland’s worst power outage in decades has triggered calls for the introduction of more utility scale batteries capable of providing security for the state’s electricity network.
Panasonic combines hydrogen fuel cell generators with PV and storage
The pilot project is combining hydrogen fuel cell generators with a combined capacity of 500 kW with a 570 kW solar array and 1.1 MWh of lithium-ion batteries. It is planned to come online in the spring of 2022.
NSW Riverina in store for 100 MW / 200 MWh big battery
Murrumbidgee Shire in the New South Wales’ Riverina region is set for a big battery and big flexibility after Edify and Shell Energy came together on a deal that will see the realisation of the Riverina Energy Storage System.
Saturday read: New applications see surge in Chinese demand
China’s project development segment is dynamic, to say the least. Having undergone significant changes toward a “subsidy-free” footing, developers are now facing requirements to integrate storage, deploy hybrid arrays, and pursue self consumption through BIPV and agrivoltaics applications, writes Frank Haugwitz, the director of the Asia Europe Clean Energy (Solar) Advisory (AECEA).
Neoen signals start of construction for Queensland green energy hub
French renewables developer Neoen is pushing ahead with plans to construct a 157 MW wind farm and 100 MW battery project in Queensland’s far north just weeks after federal resources minister Keith Pitt blocked public funding for the project.
Hydrogen to be produced from seawater in Spanish solar-plus-storage plant
Spanish PV project developer Gransolar is planning to build a large-scale green hydrogen production plant in the Port of Almería, in southern Spain.
Kidston pumped hydro reaches financial close, given green light
For the first time in almost four decades a pumped hydro energy storage plant is set to begin construction with the financial close of Genex Power’s Kidston Clean Energy Hub.
