Federation to launch multibillion-dollar energy storage platform
Australian investment firm Federation Asset Management has announced its intention to launch a new long-duration energy storage platform that is to have about 4 GWh of storage projects ready to take to financial close within two years.
Stanwell contracts for 1,010 MWh Stage 3 offtake from Supernode BESS
Australian energy infrastructure investor Quinbrook’s $1.4 billion Supernode battery project in Queensland will expand by 250 MW through an offtake agreement with state-owned Stanwell Corporation bringing the energy collosus to a total 750 MW / 2,540 MWh capacity.
AusNet advances connection works for FRV hybrid projects
The path for Fotowatio Renewable Ventures to build two hybrid solar and energy storage projects in central Victoria has been smoothed with electricity distribution company AusNet revealing it is “unconditionally” progressing the connection works for the hybrid installations.
Sungrow launches fully integrated C&I battery
With a fully integrated power conversion system, battery management system, and energy management system, PowerStack 255CS aims to streamline energy storage operations while reducing installation complexity.
ACLE lands contract to add big battery to Queensland solar farm
Australian EPC contractor ACLE Services has been awarded the construction contract for the first stage of a 148 MW battery energy storage system to be deployed at Spanish renewables developer X-Elio’s 200 MW Blue Grass Solar Farm in Queensland.
Global solar module shipments hit 703 GW in 2024
The new edition of the International Technology Roadmap for Photovoltaic, published this week, reports that average PV module prices last year dropped by 33% compared to the end of 2023.
Australia among world’s solar and wind champions
New data shows Sweden, Australia, Netherlands, Germany and Denmark are the leading countries for per capita solar and wind generation capacity. Furthermore, it reveals global solar capacity has been doubling every three years, and wind every six years, whereas fossil and nuclear capacity and generation have been almost static in recent years.
Gridsight to power up grid orchestration platform
Wollongong-based software company Gridsight has raised $7.5 million to support the growth of its AI-powered platform that is designed to help electricity network operators integrate and maximise the use of new distributed renewable energy resources such as solar and batteries.
Samsung C&T seeks approval for 320 MWh battery in NSW
The Australian renewable energy and storage arm of South Korean industrial conglomerate Samsung has submitted plans for another large-scale battery energy storage project to the federal government for environmental approval.
Longi claims world’s highest efficiency for silicon solar cells
Longi said it has achieved a 27.81% efficiency rating for a hybrid interdigitated back contact, a result confirmed by Germany’s Institute for Solar Energy Research Hamelin.
