Big battery asset pipeline forecast to recharge AGL’s future earnings
AGL Energy’s end of financial year results see earnings growth from its battery portfolio and is banking on its future renewable energy development pipeline to herald more of the same as aging coal fired power phases out over the coming decade.
Stor-Energy lodges plans for up to 3,530 MWh of storage at three sites
The proposed battery energy storage systems would provide long-duration storage across two battery systems at three sites in Queensland and New South Wales.
Energus to run feasibility study for solar-grade polysilicon production facility
Commercial solar specialist Energus will investigate the viability of building a 50,000 tonne-per-year solar-grade polysilicon production facility in the New South Wales Hunter Valley as part of broader plans to boost domestic PV manufacturing capability across Australia.
Research warns of UV-induced degradation in TOPCon solar cells from invisible light
Researchers from UNSW have found that invisible light accelerates UV-induced degradation in TOPCon solar cells, producing the same degradation effects as visible light but at a much faster rate. This can lead to significant open-circuit voltage losses and reduce cell efficiency.
NSW pumps up solar, wind and energy storage targets
New South Wales has announced plans to fast track tenders for solar, wind, and long-duration energy storage, and significantly increase the targeted capacity, as it prepares for the exit of coal-fired power generation.
Energy Vault firms up 1 GWh Stoney Creek BESS acquisition
The full acquisition of the 1 GWh Stone Creek battery storage system to Energy Vault is complete, and precedes a USD $300 million preferred equity investment to launch its Asset Vault subsidiary.
Pacific Green signs 2 GWh capacity revenue swap agreement with Re2 Capital for Australian battery portfolio
The seven to 10-year revenue swap arrangements will support projects in four Australian states, and brings 3.5 GWh in deals done just this week by Pacific Green.
First Nations corporation secures 5% equity stake in $340 million big battery
A First Nations community-led corporation located in Wellington, New South Wales, has secured a 5% equity stake in the $340 million Bulabul Battery, formerly known as the Wellington battery storage system, and in partnership with AMPYR Australia.
Virtual power plant drives ‘zero down’ household solar and battery installs
Gentailer Alinta Energy and technology solutions company National Renewable Network have co-launched an initiative that installs household solar and battery storage systems at no upfront cost.
Ark Energy plans to add 2000 MWh battery storage to wind farm
The eight-hour battery energy storage system would add 250 MW / 2,000 MWh storage, one of the world’s largest batteries, to a 335 MW wind farm.
