AGL Energy has acquired the Yadnarie solar thermal project in South Australia from Photon Energy, featuring 720MWh of LDES.

RayGen, a startup developing long-duration energy storage (LDES) technology designed for pairing with renewable energy installations, has raised investment to kick off a Series D funding round.

RayGen, a startup with a novel high-temperature thermal energy storage tech, has marked opening of a 50MWh plant in Victoria, Australia.

Construction is set to begin in Australia on a grid-scale power generation and long-duration energy storage project combining solar power and thermal energy storage, after the company behind the project said this morning that funding has been secured.