Hydrostor CEO Curtis VanWalleghem talks advanced compressed air energy storage and how Goldman Sachs Asset Management came to invest US$250m in his company.
Maoneng has been granted development approval for its proposed 240MWp/480MWh battery energy storage system (BESS) in Victoria, Australia, which in megawatt-hour terms will be the country’s biggest project of its type so far.
The start of work on a hybrid renewable energy project combining large-scale wind power, solar PV and energy storage, marks “an important moment in South Australia’s clean energy transition,” the state’s energy minister has said.
Neoen has started full commercial operations at its Bulgana Green Power Hub in the state of Victoria, Australia, which includes a 20MW / 34MWh battery energy storage system (BESS) paired with a 204MW wind farm.
The Australian Renewable Energy Agency (ARENA) is opening a competitive funding round to provide up to AU$100 million (US$72.16 million) in support for large-scale battery storage projects.
Neoen said yesterday that its 100MW / 200MWh battery storage project in the Australian Capital Territory (ACT) is underway, after the developer issued a notice to proceed to its construction partners Doosan Heavy Industries and Construction and Doosan GridTech.
The Victorian Big Battery, a 300MW / 450MWh lithium-ion battery energy storage system (BESS) in Australia, has been officially opened by the Minister for Energy, Environment and Climate Change for the state of Victoria.
Red tape, costs and logistical hurdles for large-scale battery storage and hybrid systems to participate in Australia’s National Electricity Market (NEM) will be cut under new Australian Energy Market Commission (AEMC) rules.
