The Western Australian government has announced that construction has begun on a large-scale battery energy storage system that is to help strengthen and stabilise one of the world’s most isolated grids.
French-owned energy group Engie’s Australian division has added a new “virtual battery” agreement to its portfolio, signing a deal with AGL that will allow for the buying and selling of stored energy without a link to any particular physical asset.
Solar and battery installers, retailers and suppliers have been put on notice by the consumer watchdog as new data shows Australians are investing in solar and home batteries at an unprecedented rate, bolstered by federal and state government incentives.
The Marinus Link undersea electricity connector between Tasmania and Victoria has secured federal environmental approval a day after state and Commonwealth governments announced a positive final investment decision for the 750 MW first stage of the project.
Saudi-backed Fotowatio Renewable Ventures Australia is advancing plans to build what will be its biggest battery project in the country after reaching a final investment decision on a 500 MWh energy storage system proposed for southern Victoria.
Global electricity demand is set to rise more than 3% per year through 2026, driven by growth in Asia and greater use across industry, data centres, and transport, with renewables, gas, and nuclear meeting most of the increase, says the International Energy Agency.
Australia is one of only seven countries outside the European Union that has updated its 2030 national renewable target with an 18 GW boost, since the 2023 COP28 global tripling pledge.
One-time Nationals leader Barnaby Joyce sought to dominate the first sitting week of the current federal parliament by proposing a divisive plan to reverse Australia’s net zero emissions target.
Renewable energy developers are increasingly shifting their focus to pre-approved “progressed” solar, wind, and battery project sites that are ready for construction as Australia’s clean energy rollout continues.
Australian renewables developer North Harbour Clean Energy has secured early-stage funding for two large-scale battery energy storage projects in New South Wales.
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