CEFC to shift focus from renewables to grid, hydrogen projects
The Australian government’s green bank intends to move beyond solar and wind investment over the coming year and put its capital to work in the nascent green hydrogen industry and grid projects.
Hornsdale posts big first-half revenue for Neoen, solar remains consistent despite poor conditions
Neoen’s Hornsdale Power Reserve has gone to work in the first half of 2020, virtually tripling the French renewables developer’s storage revenue on comparative 2019 levels. However, this growth was largely caused by a one-off event, and a slower Q2 highlights the need for FCAS policy renewal. Neoen’s Australian solar revenues could also achieve little more than consistency thanks to poor conditions.
Interview: Hornsdale expansion powering up, set to tackle SA curtailment
Testing is currently underway at the Hornsdale Power Reserve in South Australia, recently expanded to 150MW/193.5MWh. With the added capability to provide grid inertia, owner Neoen reports that it will support the grid and reduce curtailment affecting its wind farm assets in the state. pv magazine Australia spoke to Romain Desrousseaux – the company’s deputy CEO and head of international development – about the expansion.
Hornsdale big battery expansion gets regulatory approval
The Essential Services Commission of South Australia has given the tick of approval for the Tesla big battery to vary its electricity generation license in line with its increased capacity from 100 to 150 MW.
Neoen reports strong increase in revenue, Hornsdale big battery exceeds all expectations
The substantial surge in storage revenue due to specific grid conditions in Australia was one of the main factors behind a 61% year-on-year increase in revenues Neoen saw in the first quarter of the year.
Tesla big battery expansion reaches milestone
Network connection works have been completed on Neoen’s upgraded Hornsdale Power Reserve in South Australia. The 50MW/64.5 MWh expansion will provide an Australian-first large-scale demonstration of the potential for battery storage to provide the stabilizing inertia services that are critical to the future integration of renewable energy.
Do you know the difference between Virtual Inertia and Fast Frequency Response?
Virtual inertia is a fundamentally different mechanism to fast frequency response (FFR).
SA Home Battery Scheme’s first step-down of subsidy
The South Australian Government’s subsidy under the $100 million Home Battery Scheme will have its first planned reduction in five weeks’ time.
Big batteries earn $20 million over three months
Against the backdrop of extreme heat, generator, and transmission line outages and intense bushfires, revenues for grid-scale batteries on the National Electricity Market (NEM) have been trending upwards.
Neoen’s Culcairn Solar Farm nearing construction
Neoen’s 400 MW Culcairn Solar Farm and energy storage facility in NSW has now entered the open exhibition stage and released its EIS. The French company, Australia’s top independent renewable energy producer, hopes to commence construction mid-2020.
