Neoen completes financing for its Canberra big battery
French renewables developer Neoen has completed the financing for its 100 MW / 200 MWh Capital Battery in Canberra, declaring the project is on track to be operational in the first half of 2023.
NSW opens first in a decade of renewable tenders, targeting 12 GW of generation by 2030
New South Wales has today opened the first in what’s to be a decade of rolling tenders, part of the state’s momentous vision of fitting out 12 GW of renewable energy capacity and 2 GW of storage by 2030.
ACEN commits $800 million for 600 MW solar and storage project
A solar PV and battery energy storage project planned for the New South Wales Central West tablelands has achieved a major milestone with project developer ACEN Corporation approving $800 million for the construction of the 400 MW Stubbo Solar Farm.
Gelion unveils battery manufacturing facility in Sydney
Australia’s first zinc-bromide battery production line has commenced operations with Gelion Technologies launching a manufacturing facility in Western Sydney capable of producing 2 MWh of batteries annually.
FRV announces plans for Australian first big battery
Fotowatio Renewable Ventures has unveiled plans to deliver its first standalone battery energy storage system in Australia, announcing it will build a 100 MW/200 MWh big battery in Victoria’s southwest after securing $7 million in funding from the state government.
Regulators reinforce need for ‘massive investment’ in energy sector
Australian energy regulators have called for urgent investments in renewable energy capacity and the transmission infrastructure needed to connect new projects to the grid as they look to ensure an orderly transition as coal-fired generation exits the National Electricity Market.
China connects world’s largest redox flow battery system to grid
Dalian Rongke Power has connected a 100 MW redox flow battery storage system to the grid in Dalian, China. It will start operating in mid-October and will eventually be scaled up to 200 MW. The vanadium redox flow battery technology was developed by a division of the Chinese Academy of Sciences.
AGL Energy accelerates plan to abandon coal completely
Australia’s largest electricity generator AGL Energy is accelerating its exit from coal, announcing it will shut down the Loy Yang A power plant in Victoria’s Latrobe Valley a decade earlier than planned, with the company aiming to abandon coal completely by 2035.
Queensland announces ‘biggest pumped hydro scheme in the world’
Queensland Premier Annastacia Palaszczuk has launched a $62 billion energy and jobs plan, which includes the biggest pumped hydro scheme in the world. The government is also planning to convert publicly owned coal-fired power stations into clean energy hubs from 2027.
Retailer secures $150 million expansion investment from South Korea
Hanwha Energy Australia, owner of retail energy business Nectr, has secured $150 million in investment to fast track its Australian growth, including deploying VPPs and developing utility-scale generation projects.
