Australian energy major AGL is pushing ahead with plans to transform its Loy Yang power station site in Victoria into a clean energy industrial hub, announcing it has signed a deal with Solar Recovery Corporation to explore the feasibility of establishing a PV panel recycling facility at the site.
Australia’s largest energy gen-tailer AGL says it has received approval for a 200 MW/800 MWh grid-scale battery to be developed at the site of its coal-fired Loy Yang power station in Victoria’s Latrobe Valley.
At AGL Energy’s Investor Day the energy giant revealed plans for a potential floating solar project on the site of its Loy Yang power station in Victoria. AGL, which is currently in the application process for a 200 MW battery at the site and is already producing brown hydrogen for export to Japan, is looking to leverage unused space to reduce emissions.
Energy provider AGL is forging ahead with plans to establish a 200 MW grid-scale battery at its Loy Yang power station in Victoria’s Latrobe Valley, announcing it has lodged a planning application with the state government.
Energy utility AGL has reaffirmed its ambition to have 850 MW of new large-scale battery storage in its portfolio by the end of 2024 after announcing falling power prices and an outage at the coal-fired Liddell Power Station in New South Wales had wiped out more than a quarter of its half-yearly profit.
AGL remains on track to add at least 850 MW of new large-scale battery storage to its portfolio by 2024 after securing energy storage technology companies Fluence and Wärtsilä to supply up to 1 GW of grid-scale battery storage.
AGL’s ambitious 850 MW target of new large-scale battery storage in its portfolio by FY 2024 is seeming less like an opportunity and more like an inevitability with each passing week. Following on from last week’s announcement of a 250 MW, four-hour-duration battery at its Torrens Island Power Station in South Australia, AGL has this week announced a 200 MW battery project at Victoria’s Loy Yang A power station.
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