Spanish-Japanese renewable energy company Univergy Solar and Australian partner New Energy Development have secured New South Wales government approval to build a 100 MW solar farm and 45 MW / 90 MWh battery energy storage system in the Yass Valley.
State and federal governments are being urged to ramp up deployment of long-duration energy storage after a new report found significant capacity additions would result in 38% lower system costs than alternatives while playing a critical role in maintaining reliability as coal plants retire over the next decade.
Japan-headquartered energy retailer Smartest Energy has signed a power purchase agreement to buy 50% of a New South Wales’ solar farm’s energy output with the aim of procuring 100% renewable energy for its business customers.
A show of hands for access rights to the South West Renewable Energy Zone amounts to more than 15 GW of generation and storage infrastructure, more than four times the tender target.
Australian pervoskite solar cell developer Halocell Energy is close to bringing their first indoor solar product to market setting a precedent for battery-powered electronics to undergo an energy transformation.
Sweden-headquartered developer OX2 has announced a second solar farm sale in less than one week, of two projects, located in Victoria and New South Wales.
Telecommunications giant Telstra has added to its renewable energy portfolio, signing up to offtake power from a 200 MW solar farm being built in New South Wales by the Australian arm of Global Power Generation, a subsidiary of Spanish utility Naturgy Energy Group.
Australian redox flow battery developer Allegro Energy aims to “rapidly accelerate” its manufacturing capacity after closing a $17.5 million funding round that attracted major domestic and international investors.
A 600 MW solar farm and battery energy storage system of up to 600 MW / 1,200 MWh has been given the green light by the federal government to go ahead in central west New South Wales.
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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