Australian big battery market building towards record year
Australia has firmed as the world’s fourth-largest market for utility scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW / 8 GWh of battery energy storage projects have started construction in the first seven months of 2024.
Philippines announces renewables, energy storage auction
The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Pole-mounted community battery trials roll out in regional New South Wales
State-owned infrastructure company Essential Energy has partnered with retailer Origin Energy to rollout 35 pole-mounted community battery energy storage systems across New South Wales to trial peak demand management.
Clean energy developer boosts circular economy with solar panel recycling deal
Italy-headquartered renewables developer Enel Green Power Australia has committed its 2.8 million solar panels powering current or planned assets to a circular economy by signing a long-term agreement with solar panel upcycling specialists, Elecsome.
FRV secures $1.2 billion financing for 1 GW Australian portfolio
Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.
MPower hits mid-scale milestone with Narromine project exporting at 100%
Less than six months after site works commenced for a 5 MW solar project near Narromine in western New South Wales, developer MPower has announced that the power plant has achieved commercial operations and commenced generating revenue.
Horizon increases rooftop PV access with smart software
Access to rooftop solar in Western Australia has received a boost with state-owned energy provider Horizon Power expanding the reach of an internet-connected energy management project that promises to help balance energy flows on regional microgrids.
Investor concerns remain as NEM project pipeline grows
Growth in Australia’s renewable energy sector is strong with 43 GW of new utility scale generation and storage projects working through the National Electricity Market connection process but concerns remain that uncertainties surrounding approval processes could impact investor confidence.
Data reveals dominant players in Australian battery market
Analysis by solar and storage market consultancy SunWiz has identified the most popular brand of battery energy storage systems in the Australian market with Chinese manufacturers leading the way.
Global wine company toasts power purchase agreement with Origin Zero
South Australian company Accolade Wines has entered into a power purchase agreement for its Berri Estates facility with gentailer Origin Zero that will own, operate and maintain a rooftop solar array of 4,800 panels at the regional site.
