Renewable energy developer Acen Australia is seeking federal government approval for a 100 MW solar facility and an 180 MW battery energy storage system to be built near Cooma in the New South Wales Snowy Mountains region.
The Western Australian Economic Regulation Authority has determined both the peak and flexible benchmark reserve 2027/28 capacity prices to be $360,700 / MW / year, and represents a jump of 57% on the previous year.
A solar farm designed to withstand sustained wind speeds of almost 300 kph and a co-located battery energy storage system has been officially opened by developer APA Group in Western Australia’s Pilbara region.
Renewables developer Global Power Generation has landed $2.3 billion in financing to boost development of its 1.8 GW portfolio of solar, wind, and battery energy storage projects in Australia.
British-owned energy storage specialist Pacific Green has revealed plans to build a large-scale battery in southern New South Wales after securing land “strategically” located near a suite of renewable energy generators and major transmission projects.
Western Australia’s state-owned gentailer Synergy has completed the installation of Kwinana battery Stage 2, and together with Stage 1 will power 450,000 Perth households for up to four hours.
Chinese solar giant Trina Solar has lodged plans to build a 1 GWh battery energy storage system in Victoria as part of a broader strategy that aims to deliver more than 6.5 GW of large-scale renewable energy generation and storage projects across Australia.
Renewables developer Engie has signed a “virtual battery” deal with fellow French company Neoen that will allow it access to the 40 MW of the Victoria Big Battery.
New South Wales electricity transmission company Transgrid has contracted the 150 MW / 300 MWh Riverina and Darlington Point battery energy storage systems to unlock extra capacity on its existing network in the state’s southwest as more renewables come online.
As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
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