Utility Scale Storage

Australian renewables developer Edify Energy has secured more than $13 million in federal and state government funding to help finance the installation of a 25 MW/50 MWh battery energy storage system featuring advanced inverter technology next to its 275 MW Darlington Point Solar Farm in south-west New South Wales.

Queensland-based energy investment manager Quinbrook Infrastructure has unveiled plans to build a $2.5 billion data storage precinct in Brisbane that will be powered by renewable energy and include one of the largest battery storage installations in the National Electricity Market.

Construction has commenced on Australia’s first large-scale iron-flow battery manufacturing facility in Central Queensland, one of a series of projects the developer says has the potential to deliver 20% of the nation’s renewable energy storage needs.

Australian resources company Squadron Energy has commenced construction on a 1.2 GW hybrid wind, solar and battery energy storage project in Central Queensland that is expected to deliver crucial capacity into the grid as Australia transitions to a renewable energy future.

ARENA today announced 12 projects with a combined capacity of 3 GW are on the shortlist for its $100 million Large Scale Battery Storage Round which aims to support to rollout of storage fitted with grid forming capacities.

Queensland government-owned energy generator Stanwell has revealed plans to a build a massive 1.45 GW/2.9 GWh battery storage system alongside the coal-fired Stanwell Power Station in central Queensland as the state government looks to ramp up energy storage capacity to support the transition to renewables.

Australian miner Liontown Resources has declared the way is now clear for construction to commence on its $545 million Kathleen Valley Lithium Project in Western Australia after inking an offtake agreement and $300 million financing facility with global car manufacturing giant Ford Motor Company.

The quickening exit of coal-fired generation from Australia’s energy mix – with 60% of capacity expected to be withdrawn from the National Electricity Market by 2030 – has emphasised the need for significant investment in renewable energy generation, storage, transmission, and system services.

The Australian Energy Market Operator has declared approximately $12.7 billion of investment in new transmission lines should begin “as urgently as possible” to accelerate the transition to renewable energy and energy storage, replace exiting coal-fired power plants, and deliver a more efficient and effective grid in eastern and south-eastern Australia.

The operator of the 150 MW/193 MWh Hornsdale Power Reserve in South Australia has been fined $900,000 after being sued by the Australian Energy Regulator for failing to deliver on its promise of providing services essential to maintaining the stability of the power grid.