Gentari, a subsidiary of Malaysian state-owned oil company Petronas, plans to build between 5 GW to 8 GW of solar, wind and battery projects in Australia by 2030. The ambition follows its acquisition and rebranding of Wirsol Energy, which marked the Malaysian company’s entry into the Australian renewable energy market.
Amp Energy’s 150 MW / 300 MWh battery storage project in Bungama, north of Adelaide, has secured a grid connection agreement with South Australia’s grid operator and owner ElectraNet.
SunCable’s sale to Mike Cannon-Brookes’ Grok Ventures has today been completed, with the company flagging new project elements, including a subsea cable manufacturing and testing facility, as well as reiterating its vision of delivering bulk energy to Singapore via undersea cables.
The global flow battery market will expand from USD 289 million in 2023 to USD 805 million by 2028, driven by increasing investments in renewable energy and flow batteries’ advantages over conventional products. The newly released report also highlighted Australia, noting the nation has numerous flow battery projects for various applications.
American Clean Power has published a guide for first responders on lithium-ion battery energy storage system emergencies, offering insights based on the 2023 NFPA 855 code revision.
With more than 3 GW of large-scale solar, wind and battery storage capacity in operation or under construction, Neoen is already Australia’s biggest clean energy player but now the French developer is planning to triple its renewables capacity by 2030.
Australian energy technology startup RayGen has officially opened a 4 MW solar and long-duration energy storage project in Victoria, describing it as the world’s “highest efficiency PV project” operating at utility scale.
Snowy Hydro has revealed the budget for the Snowy 2.0 project has blown out to $12 billion (USD 7.8 billion) and the giant pumped hydro storage project is now expected to commence operations seven years later than originally scheduled.
The Australian Energy Market Operator says a 248 GW pipeline of proposed generation and storage projects, transmission developments and government energy programs have the potential to address many of the risks outlined in its latest market forecast – if they are delivered to schedule.
A tender for 600 MW / 2.4 GWh of energy storage in Victoria and South Australia has been announced as part of the new national Capacity Investment Scheme – essentially a project underwriting program coordinated by the federal government.
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