Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia.
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.
After winning a competitive selection process, Tesla will supply 40 of its Megapack utility-scale battery energy storage systems (BESS) to a project by Australian renewable energy developer Genex Power.
The safety regulator for Victoria, Australia, has no objections to commissioning of the Victorian Big Battery 300MW / 450MWh project resuming, after investigating a fire at the site and agreeing with steps taken to prevent it happening again.
Specialist international investment manager Amber Infrastructure Group has reached commercial close on the development of a 50MW/100MWh utility-scale battery energy storage project in Lancashire, a county in northern England.
Tesla has reported more than 200% year-on-year increases in both solar and energy storage deployments for the second quarter of this year, during which time the company also produced and delivered more than 200,000 vehicles.