Australia’s Clean Energy Finance Corporation (CEFC) has invested AU$160 million (US$127.6 million) in a 300MW battery storage project near Geelong, Victoria.
Australia’s CEFC commits AU$50m to expanding ‘landmark’ Tesla Hornsdale Power Reserve battery system
Australia’s national Clean Energy Finance Corporation (CEFC) has said it will commit AU$50 million (US$34.14 million) to help fund expansion of landmark Hornsdale battery project in South Australia.
Hornsdale Power Reserve (HPR), the 129MWh battery energy storage system (BESS) deployed by Tesla and developer Neoen in South Australia in just 100 days, has been found to have had a positive impact on the local network.
Renewable energy supplier and project developer Neoen has begun construction on the largest grid-connected energy storage system in mainland France, a 6MW / 6MWh system which will provide frequency regulation services.
Australia’s energy and environment minister has hailed the country’s accelerating residential energy storage sales as a report has emerged from Chief Scientist Dr Alan Finkel which says the “financial equation is straightforward” for adding batteries to home PV systems.
A ‘green energy hub’ including a huge 120MW wind farm and up to 100MW of battery energy storage in Queensland, Australia, by French developer Neoen has received planning approvals from local government.
Bulgana Green Energy Hub, a renewable energy project powering commercial crop farms in Victoria, Australia, including large-scale wind and battery energy storage, will be designed and constructed by Siemens Gamesa.
One of the final acts in office of outgoing South Australia Premier Jay Weatherill, whose Labor Party was voted out in elections last week, appears to have been inking a deal for another 100MW+ lithium battery facility.
French renewable energy developer and independent power producer Neoen, which together with Tesla recently delivered a 100MW / 129MWh grid-supporting battery system in South Australia, has just signed a “support agreement” with local authorities for its next big project in the country.
Amidst experiencing Model 3’s “production hell”, launching a semi truck, a new Roadster and a portable battery pack, Tesla’s work on a 129MWh energy storage system in South Australia appears on track to be completed in time.
The government of Jay Weatherill, premier of South Australia, has just formally launched three Calls for Proposals under the Renewable Technology Fund, a programme to foster private investment and accelerate project development in clean energy technologies.
Another utility-scale energy storage facility has got the green light for construction in South Australia, claimed to be the first in the country to be “backed by mostly private investment from the energy industry”.
An offer from Tesla CEO Elon Musk to complete a large-scale energy storage project in South Australia within 100 days or deliver it for free has been taken up by the region’s government.
An agricultural business in Victoria, Australia, is making its operations sustainable with the building of a major “green hub” that includes wind turbines and 34MWh of battery energy storage.