Engie signs ‘virtual battery’ deal with Neoen for Victoria battery
Renewables developer Engie has signed a “virtual battery” deal with fellow French company Neoen that will allow it access to the 40 MW of the Victoria Big Battery.
NSW provides green light for second 2 GWh battery in two days
The New South Wales clean energy transition is ramping up with the state government providing planning approval for a second 2 GWh battery energy storage system in as many days.
CSIRO venture plans 50 MW concentrated solar tech plant
CSIRO spin out FPR Energy has secured $15 million in seed funding to commercialise concentrated solar thermal technology that lends itself to long-duration energy storage for industrial processes, green fuel production and dispatchable power.
WA sets assessment level for mega 70 GW solar and wind project
A mega 70 GW wind and solar project planned for the far southeast of Western Australia is to face close scrutiny with the state’s environmental watchdog confirming the estimated $100 billion project will undergo a public review.
NSW approves 2 GWh battery energy storage system
AGL has secured state planning approval to build a 500 MW battery with four hours of dispatchable capacity near Newcastle on the New South Wales Central Coast.
Feds table tax incentives for green hydrogen, critical minerals
The Australian government will introduce legislation to implement production tax incentives for green hydrogen and critical minerals to help boost investment in the sector.
Novonix secures supply deal with Volkswagen battery arm
Australian-listed battery materials and technology company Novonix has inked an offtake agreement for at least 32,000 tonnes of its synthetic graphite anode material with the battery manufacturing arm of global carmaker Volkswagen.
Transgrid turns to batteries to provide capacity increase for NSW network
New South Wales electricity transmission company Transgrid has contracted the 150 MW / 300 MWh Riverina and Darlington Point battery energy storage systems to unlock extra capacity on its existing network in the state’s southwest as more renewables come online.
BESS are becoming more attractive
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
Future multi-billion dollar transmission upgrades to boost Queenslands grid-scale solar
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected investment of $5 billion a year to FY30, the way forward for large solar projects is clear, especially for Queensland.
