Utility Scale Storage

Philippines-based energy company ACEN Corporation plans to capitalise on Australia’s “unparalleled renewables potential” after securing a $277 million (USD 191 million) loan facility which it says will be accelerate the delivery of an 8 GW clean energy portfolio that includes solar, wind, battery storage and pumped hydro.

A government-backed incentive scheme established to accelerate the introduction of distributed solar energy storage in the Australian Capital Territory is to be wound up having achieved its target of subsidising the installation of about 5,000 batteries over the past seven years.

New Zealand is set to have its first big battery by 2024, after Meridian Energy awarded a contract to build the 100 MW / 200 MWh Ruakākā Battery Energy Storage System to Saft, a subsidiary of TotalEnergies.

Shell Energy has acquired the development rights for a 500 MW / 1000 MWh battery located at the former Wallerawang coal power station site, near Lithgow in the Central Tablelands region of New South Wales.

A review of recent solar and storage related trends as seen by IHS Markit.

British energy giant BP’s plans to build one of the world’s largest renewable energy and green hydrogen hubs in remote Western Australia has received a significant boost with the state government allocating land that supports the development of the proposed 26 GW project.

Australian miner Core Lithium has made the transition to lithium producer with 15,000 tonnes of unprocessed ore from its Finniss mine in the Northern Territory now heading to China where it will be converted into materials for the global renewable energy storage and electric vehicle markets.

Construction has started on France-headquartered renewable energy developer Neoen’s fifth grid-scale battery in Australia with contractors commencing work on the 200 MW/400 MWh Blyth Battery storage system in South Australia’s mid-north.

Gravitricity, an Edinburgh-based storage specialist, aims to develop the first full-scale demonstration of its underground hydrogen storage solution by working with structural engineering contractor VSL Systems UK.

Sineng Electric has switched on a 400 MW/800 MWh storage facility in China’s Shandong province. The project features the company’s 3.15 MW turnkey battery stations.