Storage

Infrastructure investment manager I Squared Capital has signed a memorandum of understanding (MoU) with Korean construction company GS E&C to develop renewables in the country.

PV Tech spoke with Hanersun's chairman about the company's PV-storage strategy, global expansion and the Chinese market outlook.

Developer Lightsource bp has reached financial close on the 171MWdc Glorit solar PV power plant, north of Auckland, New Zealand.

Australia's large-scale renewables pipeline has reached 32,277MW of probable generation capacity, according to the Clean Energy Regulator.

Foresight Group-backed developer NZ Clean Energy (NZCE) and Fonterra have signed a long-term virtual power purchase agreement (PPA) under which the dairy cooperative will purchase electricity generated by NZCE's Darfield solar-plus-storage project in Canterbury.

Brisbane-based developer Renewable Energy Partners (REP) has expanded the Bogunda Energy Hub to include solar PV and battery energy storage, with the project now formally in early-stage development south of Hughenden in Queensland, Australia.

Gamuda Renewables has secured an interest in the 450MW Hazelwood North solar-plus-storage project from Latrobe Valley-based developer Manthos Investments.

Despite technical challenges, co-locating solar PV and BESS could provide an answer to many of Europe's renewable energy challenges.

Ark Energy has been granted approval by AEMO and Transgrid to connect its 435MW Richmond Valley solar-plus-storage project to the NEM.

Frontier Energy has secured firm commitments for an AU$110 million equity raising for the 132MW first stage of its Waroona project in WA.