Storage

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.

Sigenergy has moved into agentic AI with the launch of its all-domain intelligent energy agent, SigenAgent.

Levanta and ib vogt have secured finance for projects and ACWA Power has leased 500 hectares for its own project.

Queensland has opened a formal call for proposals under the state government’s AU$200 million North West Energy Fund in Australia.

With BESS in the generation mix, energy is no longer simply generated and exposed to the market; it can be stored and used when most valuable.