Renewable energy developer and retail utility ZEN Energy has partnered with HD Renewable Energy (HDRE) to focus on developing energy storage and green hydrogen projects in Australia, Taiwan, and potentially Japan.
Australian transmission system operator Transgrid has contracted Edify Energy’s 300MWh Riverina and Darlington Point battery energy storage system (BESS) to increase its network capacity in New South Wales by 120MW.
The Australian Energy Regulator (AER) said increased energy storage capacity will be essential to manage daily and seasonal variations in output on the National Electricity Market (NEM).
Victoria, Australia, has secured the largest allocation of dispatchable power in the upcoming Capacity Investment Scheme (CIS), with 1.7GW/6.8GWh for energy storage.
Capacity market (CM) auctions have concluded in Italy and Belgium and battery energy storage system (BESS) projects won the lion’s share of new contracts.
Battery energy storage developer Eku Energy has reached a financial close for 250MW/500MWh battery energy storage system (BESS) in Canberra, the Australian Capital Territory (ACT).
A double header of news from Sweden, with BESS developer-operator Ingrid Capacity launching what it claimed is the largest project in the Nordics, and optimiser Flower completing a Series A.
The viability of many hydroelectric power stations, including pumped hydro energy storage (PHES), in Tasmania, Australia, may “come into question” in the future, given the island’s lack of interconnectivity with the mainland.
