Renewable energy generators chasing access rights to the new Central-West Orana Renewable Energy Zone network will be presented with a streamlined application process as the New South Wales government prioritises achieving financial close on the network project.
EnergyAustralia says it will increase the capacity of a battery energy storage system to be built adjacent to its Hallett Power Station in South Australia from an initial 50 MW to 150 MW, and 200 MWh to 600 MWh, after the successful completion of the first stage.
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to United States-headquartered consultancy Mercom Capital Group.
Mega-miner BHP has reportedly put a request for proposal out to energy suppliers seeking new wind, solar and battery energy storage capacity as it progresses plans to electrify and decarbonise its mining operations in Western Australia’s Pilbara region.
New Zealand renewables developer Lodestone Energy has received planning consent for three new large-scale solar farms on the country’s South Island as it continues the roll out of a PV strategy that it expects will deliver more than 500 GWh in solar generation.
Frontier Energy has revised its strategy for the first stage of the proposed Waroona Renewable Energy Project being developed in Western Australia’s southwest to include a four-hour 80 MW battery energy storage system in a move that is expected to have significantly better economics than solar alone.
A dozen new large-scale, network-connected batteries with a combined capacity of 48 MW / 96 MWh will be rolled out across Queensland as part of the state government’s strategy to support the continuing uptake of renewable energy and take the heat out of peak demand periods.
In a major leap towards the state achieving its sustainable energy goals, Western Australia’s Kwinana Battery Stage Two project has reached a pivotal milestone with Synergy having successfully installed the containerised battery systems at what is to be the largest grid-connected battery in the state.
Squadron Energy, the private renewables group controlled by the billionaire Forrest family, has pledged to deliver 14 GW of new clean energy generation and storage projects in Australia by the end of the decade.
“Substantial” profits available in the recently introduced Very Fast Frequency Control Ancillary Services markets will lead to a surge in battery involvement according to new data provided by energy market consultancy and research group Cornwall Insight Australia.
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