The 185 MW / 370 MWh Koorangie battery energy storage project in Victoria has reached a major milestone with developer Edify Energy confirming the system has successfully exported power to the grid for the first time.
Newcastle based clean-tech company Allegro Energy has secured $1.85 million in federal government funding to help bring its redox flow battery technology to mass production.
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
Aotearoa New Zealand-based Meridian Energy has been granted final consent approval by the the country’s environment court to build a 120 MW solar farm in the North Island’s Ruakākā energy park.
Energy storage solutions company Energy Vault will supply the Victorian government with 100 MW / 200 MWh battery energy storage system for its state electricity commission renewable energy park development.
Residential battery installations have grown 30% since 2023 according to a Climate Council emissions reduction monitoring platform that tracks data on the uptake of renewables such as rooftop solar and household battery systems.
The Clean Energy Q4 2024 report finds solar generation reaching financial commitment or commencing construction totalled 1,139 MW, and overall clean energy investment was at a record high.
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
Large power grids are among the most complicated machines humans have ever devised. Different generators produce power at various times and at various costs. A generator might fail and another fills the gap. Demand soars in the evenings and on hot days. In Australia, eastern and southern states trade power across borders. Meanwhile, Western Australia has two […]
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