The Australian government has partnered with communities across the Solomon Islands to develop 22 solar powered streetlight and solar energy projects, through an inaugural program’s $1.9 million funding round.
The first project funded under Stream A of ARENA’s regional microgrid program has been awarded $3 million toward an overall $15 million cost to build a 7 MWp solar and 5 MW / 10 MWh battery storage system to island a New South Wales’ community’s energy security in the event of transmission failure.
Grok Ventures has provided project-level financing as the sole external investor on a US-based 5 GWh thermal energy storage system providing 50 MW of round-the-clock energy through an offtake agreement with biofuels giant, POET.
Sydney-based startup Diagno has secured the support of Formbay to help scale up the rollout of its cloud-based platform used to monitor, diagnose, and optimise solar and battery energy storage systems.
Australian energy developer Enervest has added a 300 MW battery project in northern New South Wales to its portfolio in a move that signals a strategy shift for the company.
Edify Energy says it has reached financial close on its neighbouring Smoky Creek and Guthrie’s Gap projects in Queensland, the largest solar and battery hybrid projects under construction in Australia.
Swedish renewables developer OX2 has begun building a 135 MW solar farm and a 100 MW battery energy storage system at the site of an old coal mine in the New South Wales Hunter Valley.
New South Wales is rolling out two of the biggest renewable energy tenders in the state’s history, seeking 2.5 GW of new generation capacity in addition to 12.5 GWh of long-duration energy storage.
Renewables developer and electricity retailer Flow Power has added almost 20 MW of new solar and 45 MWh of battery energy storage to its operational portfolio with the commissioning of three projects in South Australia.
Australia is in the grip of a consumer-led energy storage boom with new figures showing more than 400,000 batteries representing 11.2 GWh of storage capacity have been installed nationwide in the past 10 months.
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