CIP pushes ahead with 480 MWh battery project in South Australia
Danish investment group Copenhagen Infrastructure Partners has tapped Canadian PV and battery manufacturing heavyweight Canadian Solar to provide the energy storage solution for the first of the multiple large-scale battery projects it has planned for Australia.
Bowen targets 32 GW of renewables with ‘super charged’ investment scheme
Australian Energy Minister Chris Bowen has announced a major expansion of the Commonwealth-funded Capacity Investment Scheme that will now target 32 GW of renewable generation and storage capacity to support the nation’s clean energy transition.
Northvolt unveils 160 Wh/kg sodium-ion battery
Swedish battery maker Northvolt has developed its first sodium-ion battery. The cell has been validated for an energy density of more than 160 Wh/kg and is designed for energy storage applications.
Akaysha quietly expands Victorian big battery proposal by 55%
Akaysha Energy has expanded the scope of its Victorian Elaine battery from 800 MWh to 1244 MWh, growing the project’s capacity more than 50% due to its long duration capability of four hours, pv magazine Australia has been told.
Winners of nation’s largest storage tender include two ex-coal plant big batteries, VPP series
More than 1 GW of firmed storage capacity is set to be delivered by the six winning projects from the New South Wales (NSW) tender combining state and federal schemes. Akaysha Energy’s 415 MW / 1660 MWh battery in Wellington and AGL’s 500 MW / 1000 MWh Liddell battery are the round’s two biggest projects.
Fortescue brings three projects to FID committing $1.1 billion
Fortescue has announced three projects – two in Australia and the other in the US – have reached final investment decision (FID). The company held its annual general meeting today, where members voted down its contentious executive pay policy.
Macquarie targets 4 GW of solar, wind and batteries with new energy business
The green investments arm of global financial services group Macquarie Asset Management has launched a new specialist renewable energy business targeting an initial pipeline of 4 GW of wind, solar and battery energy storage projects across Australia.
WA commits $708 million to future-proof state’s main grid
The Western Australian government will invest more than $700 million (USD 455 million) to deliver the step change in electricity transmission infrastructure needed to unlock renewable energy generation opportunities that will support the state’s energy transformation.
WA cuts approvals red tape for major green energy projects
The Western Australian government has introduced a new environmental assessment exemption order in a bid to facilitate smoother and faster approvals for major renewable energy projects and support the state’s decarbonisation efforts.
AEMO confident renewables can counter extreme demand
Amid predictions Australia’s energy system faces a summer of extreme demand, the market operator has forecast that renewables, including 2 GW of generation capacity from new wind and solar projects, will counter the risk of power outages.
