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Markets & Policy

New utility-scale Wartsila battery energy storage system upgrade released

Finnish energy technology company Wartsila Energy, which is playing a key role in the second stage of the Eraring Power Station battery facility, has released a new turnkey battery storage system that includes significant fire-safety features.

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First of 444 Tesla Megapacks installed at 1.6 GWh Melbourne battery

United States manufacturer Tesla has begun installing the first of the 444 Megapack battery units that will make up the 600 MW / 1,600 MWh Melbourne Renewable Energy Hub project being constructed in Victoria.

Northern Territory’s renewable energy target efforts lag behind rest of country

Think-tank Climate Council of Australia has found of all the state’s and territories, the Northern Territory has the most work to do to achieve its renewable energy target of 50% by 2030.

Six big batteries score federal funding to power a million homes from 2027

Six large-scale battery energy storage projects in South Australia and Victoria have been earmarked to receive funding from the Australian government’s Capacity Investment Scheme.

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New investment in large-scale generation eclipses 2023 total

A new Clean Energy Council report signals a steady recovery in levels of investment in large-scale renewable energy generation and strong ongoing investment in large-scale energy storage.

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Rooftop solar installation rates trending up as monthly volumes drop

Australia’s rooftop solar market has slowed with the latest monthly data from industry analyst SunWiz revealing that national installation volumes dropped off 7% in August compared to the previous month.

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Victoria gives nod to 700 MWh battery project in nine weeks

The first battery energy storage project has been approved under the Victorian government’s streamlined renewable energy planning process, with the state signing off on a 350 MW / 700 MWh project being developed by ACEnergy in the Wimmera region.

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International players progress plans for massive WA green energy hub

An international consortium planning to build a 50 GW solar-and-wind energy hub in Australia’s southwest has announced it will partner with Korea’s largest electricity utility to advance the development of what would be one of the largest green hydrogen production facilities in the world.

Waratah Super Battery completes first energisation stage

Battery storage developer Akaysha Energy says it has completed the first stage of energisation for the 850 MW / 1,680 MWh Waratah Super Battery that will help stabilise the New South Wales grid during the state’s transition from coal-fired power.

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Early retirement of coal-fired power plants good for bottom line: study

Multi-country research has found that retiring coal-fired power plants sooner rather than later can have financial benefits for investors, and free up capital for investing in renewables.

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