Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has received a strategic investment from HMC Capital, an ASX-listed asset manager.
The Australian Energy Market Operator (AEMO) has published its 2024 Integrated System Plan (ISP) providing an updated 30-year roadmap for the transition of the National Electricity Market (NEM).
Transgrid, has indicated that 4.8GW of grid-forming BESS will be necessary to stabilise the grid in New South Wales to support renewable energy deployment.
The Queensland government confirmed yesterday (18 June) that Caloundra, Australia, will house a Local Renewable Energy Zone (LREZ), with plans to triple rooftop solar PV generation.
