Renewable energy developer Maoneng has received grid connection approval on its 240MW/480MWh Mornington Peninsula battery energy storage system (BESS) in Victoria.
French independent power producer (IPP) Neoen has recorded €109.1 million (US$115 million) in revenue in the opening quarter of 2022 due to a strong growth in its renewable assets and energy storage.
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.
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.
Batteries will be mounted on electricity poles across the low voltage distribution network and aggregated as a virtual power plant (VPP), in a project which will trial their ability to integrate more renewable energy in two regions of Victoria, Australia.
Grant funding is being made available to help commercialise “emerging, innovative and transformative” renewable energy technologies and projects by the state government of Victoria, Australia.