Malaysian oil and gas giant Petronas’ clean energy business Gentari has finalised its acquisition of Wirsol Energy’s Australian renewables assets, including 422 MW of operational capacity across solar and storage facilities, and 765 MW of potential capacity under development.
With energy storage critical to the future of sustainable energy, Cornwall Insight Australia Energy Consultant Con Dimitrakakis examines how operators can optimise the trading profit of a solar-storage hybrid system when wholesale market prices are low and solar energy generation is high.
Western Australia-based Hybrid Systems Australia has commissioned 42 MW of interconnected battery storage for two Fortescue mine sites in the Pilbara region, noting the installation is one of the largest for a mining application.
UK-headquartered fund manager Glennmont Partners has its sights firmly set on the Australian renewable energy market after announcing it plans to acquire, build and operate a portfolio of large-scale solar farms and energy storage assets as part of a $145 million (USD 100 million) strategy.
Renewable energy developer Vast Solar will progress plans to deliver Australia’s first commercial-scale concentrated solar power plant after securing financial backing from the federal government to build a 30 MW/288 MWh facility near Port Augusta in South Australia.
Network operator Essential Energy has installed its first grid-scale battery energy storage system on the New South Wales electricity network as part of a “critical” trial designed to allow more renewable energy into the grid and drive better network utilisation.
Sembcorp Industries has connected a 285 MWh battery storage system to the grid on Jurong Island, Singapore. It is reportedly Southeast Asia’s largest energy storage system, featuring 800 large-scale lithium iron phosphate (LFP) batteries.
The federal government has opened industry consultations seeking to inform the country’s first national battery strategy with the goal of developing a globally competitive domestic battery manufacturing ecosystem in Australia.
The Australian Capital Territory government has officially switched on its first grid-scale battery energy storage system, describing it as a “significant milestone” on Canberra’s pathway to 100% renewable electricity supply.
Form Energy will install two 10 MW / 1,000 MWh batteries on the sites of Xcel Energy’s former coal-fired plants.
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