French independent power producer (IPP) Neoen has agreed to sell its operational and development projects in Victoria, Australia, including the 350MW/450MWh Victorian Big Battery, for AU$950 million (US$610 million).
Battery energy storage developer Eku Energy has completed the construction of the second-largest battery energy storage system (BESS) in the Australian state of Victoria.
Victoria’s State Electricity Commission (SEC) and developers Wirsol and Edify Energy have seen a collective 1.4GWh of solar-plus-storage projects progress this week in Victoria and New South Wales, Australia.
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.
Canadian asset manager Brookfield will be required to divest French IPP Neoen’s operational assets and six development projects in Victoria, Australia, which includes the 350MW/450MWh Victoria Big Battery.
On the first day of All-Energy Australia 2024, held in Melbourne on October 23, Kate Clark, programme manager at Victoria’s Department of Energy, Environment, and Climate Action, stated: “There are many different definitions and types of value that can be generated by community batteries.”
Pacific Green Technologies has applied for approval under the Environment Protection and Biodiversity Conservation (EPBC) Act, for its 1GW/2.5GWh Portland BESS in Victoria, Australia.
