Four-hour MREH project attracts $400 million in debt finance, reaches financial close
Renewable energy, Singapore-based infrastructure developer Equis Australia and the State Electricity Commission (SEC) for Victoria have closed landmark $400 million (USD261 million) in debt financing for the construction of Melbourne Renewable Energy Hub’s 200 MW/800 MWh A3 battery energy storage system (BESS).
Weekend Read: Blackouts trigger a PV pivot
Decades of mismanagement have eroded trust in South Africa’s state-owned energy utility, Eskom. Last year, households and businesses suffered daily blackouts of up to 10 hours, or even longer. Solar and battery energy storage are booming but a domestic PV manufacturing industry has yet to materialize.
Li-S Energy scales up lithium battery manufacturing
Li-S Energy has announced the commissioning of manufacturing equipment in its Phase 3, 2 MWh production facility at Geelong, allowing the company to scale up manufacturing of their lithium sulfur and lithium metal batteries.
Local council approves Akaysha Energy’s Tasmania BESS
Akaysha Energy has received planning approval for its proposed 100 MW/200 MWh Palmerston battery energy storage system (BESS) in Tasmania. The battery is located close to the TasRex Northern Midlands solar farm development.
CEFC backs Neoen 238.5 MW Blyth Battery
The Clean Energy Finance Corporation (CEFC) is one of five institutions confirmed to back Neoen’s South Australian 238.5 MW / 477 MWh Blyth Battery, further securing its 70 MW green power contract with BHP to supply the Olympic Dam mine site.
Entering the renewables era
Following strong global solar installation figures in 2023, Alexa Capital co-founder and partner Gerard Reid sees enormous potential for a renewables revolution.
Fluence broadens storage strategy with optimisation software
Global energy storage technology company Fluence has more than 1 GW of battery projects operating or under construction in Australia and it is now broadening its strategy beyond hardware to include optimising asset performance and servicing.
Transgrid unveils preferred route for VNI West project
Transgrid has released details of its preferred route for the northern portion of the VNI West interconnector project that will connect the New South Wales and Victoria electricity grids.
Elgin gets go-ahead for Glanmire solar and storage project
Elgin Energy’s Glanmire solar farm and battery energy storage system planned for the New South Wales Central Tablelands region has been given the tick of approval by the state’s Independent Planning Commission – subject to “strict” conditions set in recognition of community concerns.
Melbourne partners with Origin Zero on city-wide battery project
The City of Melbourne has partnered with Origin Zero to deliver three battery energy storage systems as part of its plan to establish a network of co-ordinated community batteries across the city to better manage the increasing penetration of rooftop solar and periods of peak demand on the network.
