Philippines announces renewables, energy storage auction
The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Libra reveals plans for giant 3.4 GWh Bremer battery project
Libra Energy has unveiled its first major Australian renewables project, announcing plans to build an 850 MW / 3,400 MWh battery energy storage system in southeast Queensland to help soak up excess solar energy and stabilise the grid supply and demand during peak hours.
FRV secures $1.2 billion financing for 1 GW Australian portfolio
Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.
Ark advances plan for 500 MW solar farm and 2,200 MWh battery
Ark Energy has confirmed the development application for a 500 MW solar farm and 2,200 MWh battery energy storage system planned for northern New South Wales has been lodged with the state planning department.
Investor concerns remain as NEM project pipeline grows
Growth in Australia’s renewable energy sector is strong with 43 GW of new utility scale generation and storage projects working through the National Electricity Market connection process but concerns remain that uncertainties surrounding approval processes could impact investor confidence.
Origin stage two battery approval elevates Eraring’s storage capacity over 2 GWh
Origin Energy has approved a $450 million investment to construct the second-stage 240 MW / 1,030 MWh four-hour duration grid-forming battery at Eraring Power Station in New South Wales, set to boost the site’s energy storage to over 2 GWh.
Koorangie storage facility hits milestone with delivery of 100 Tesla Megapacks
The Koorangie battery energy storage system being constructed in northwest Victoria has achieved a major milestone with the delivery of 100 Tesla Megapacks with grid-forming inverters that operate in virtual machine mode.
Frontier Energy lands $215 million to fund Waroona renewable energy project
Western Australia clean energy developer Frontier Energy has been granted $215 million in debt finance for its Waroona Renewable Energy Project south of Perth, from specialist infrastructure fund Infradebt.
Northwestern Victoria earmarked as best potential for renewable energy developments
Victorian transmission infrastructure operator VicGrid has identified over half the state as having potential to host future renewable energy developments, as outlined in its draft Victorian Transmission Plan guidelines.
BrightNight secures grid approval for large-scale solar and battery project
The owner of a 360 MW solar farm and 600 MWh battery energy storage project being developed near Mortlake in southwest Victoria said it has received grid connection approval that paves the way for the next stage of development.
