Australia is on the cusp of a major surge in solar battery adoption with SunWiz forecasting at least 100,000 home energy storage systems with a combined capacity of 1.2 GWh will be rolled out next year, a 38% increase on 2024’s installations.
The Victorian government has announced applications for the state’s interest-free solar battery loan program are no longer being accepted, declaring that the rollout of energy storage systems under the scheme has exceeded expectations.
An 8 MWh battery energy storage system is now helping power one of the largest hard-rock lithium mines in the world with Western Australia-based miner PLS advancing its plans to reduce its energy-related emissions intensity and costs.
EnergyCo and New South Wales government representatives have given impetus to the proposed Illawarra renewable energy zone, tipped to be the state’s first urban REZ, and setting a benchmark for future clean energy collaborations.
New South Wales-based battery materials specialist Sicona has signed a $15 million licensing agreement with Indian chemical conglomerate Himadri to accelerate the global commercialisation of its flagship silicon carbon anode material.
Queensland voltage control specialist EcoJoule Energy has received a $3 million commitment from the Clean Energy Finance Corporation as part of its $15 million capital raise.
The Victorian government has fast tracked the approval of what is to be one of the state’s biggest battery energy storage systems as it seeks to accelerate the development of projects to support its renewable energy ambitions.
New South Wales has launched a new tender seeking 1 GW of long-duration energy storage projects that are each able to continuously dispatch power for at least eight hours at their registered capacity.
Australian energy giant AGL has added two pumped hydro projects with a combined capacity of almost 1.4 GW, each with 10 hours of energy storage, to its development pipeline as it works to transition its energy portfolio from coal-fired power generation to backed-up renewables.
Ten large-scale solar, wind, and battery projects have been given the green light to connect to the electricity grid in the Central West Orana Renewable Energy Zone as the New South Wales government continues to progress the REZ to reality.
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