CEFC provides debt finance for Australia’s first wind+solar+storage array
The Clean Energy Finance Corporation will provide $94 million as the sole debt financier of Australia’s first co-developed wind, solar and storage array. The 60 MW Kennedy Energy Park is being developed by Windlab and Eurus Energy and will combine 43.2 MW in wind capacity, 15 MW of solar PV, and 2 MWh of battery storage.
Queensland receives huge response to 400 MW renewables and 100 MW storage tender
The tender was part of a raft of announcements, including confirmation of a commitment to source 50% of its electricity from renewables by 2030. Queensland is fast emerging as a large scale solar hotspot, with hundreds of megawatts either having reached financial close or currently under construction.
EU launches battery alliance
“Airbus for batteries”-style alliance announced this week in Brussels aims to expedite European battery cell manufacturing and strengthen continent’s storage value chain in face of Asian and U.S. competition.
Standards Australia to consult industry on proposed storage rules
Standards Australia wrapped up public consultation last week on a draft standard for battery storage, setting the stage for the development of a comprehensive framework for future deployment.
Tesla teams with Neoen to build 129 MWh lithium-ion battery in Australia
The installation will be paired with a wind farm in South Australia. At 129 MWh, it will become the world’s largest lithium-ion battery projects, and is being developed in conjunction with French renewable energy firm Neoen.
Australia’s CEFC backs lithium mining project to tune of $15m
The Clean Energy Finance Corporation pledges AUS$20 million to part-fund the Pilgangoora lithium-tantalum project in Western Australia.
