Providence to pair hydrogen storage with 39 Australian solar farms

Facebook
Twitter
LinkedIn
Reddit
Email
Image: ARENA.

Australian renewable energy investment firm Providence Asset Group is to develop 39 solar farms, each of which will be paired with 30MWh of storage.

The company has unveiled plans to expand into the state of Victoria with five solar operational solar farms and a further six under construction. All of the facilities will feature “advanced hybrid storage technology”, including hydrogen storage and traditional lithium-ion batteries.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Those plans follow Providence’s announcement last month to invest AU$500 million (US$359 million) on 28 solar projects in New South Wales, all featuring 30MWh of storage.

The company is working with the University of New South Wales to develop hydrogen storage, which it says enables the storage of surplus electricity “more cost-effectively than the lithium batteries currently in use”.

Under Providence’s plan for both New South Wales and Victoria, the storage component could accommodate up to 1.2GWh of clean energy.

Henry Sun, CEO of Providence Asset Group, said the development of hydrogen storage “will help establish Australia as a leader in the evolution of renewable energy”.

“Providence recognises the enormous opportunities that exist in our regions and we’re excited to be partnering with regional communities and offering opportunities for more affordable energy and even local investment. It’s particularly gratifying for us to be making this investment in Victoria at this time, too, which has suffered so badly at the hands of this pandemic,” he said.

In a move to drive the state’s economic recovery from coronavirus, Victoria’s government recently launched a process to explore the addition of at least 600MW of green energy as it targets 40% renewable generation by 2040.

Read Next

July 2, 2025
Indigenous-led renewable energy company Yindjibarndi Energy Corporation (YEC) has submitted plans for a hybrid wind and solar PV renewable energy project to the Australian government’s Environment Protection and Biodiversity Conservation (EPBC) Act.
July 2, 2025
Robotics company Luminous has received AU$4.9 million (US$3.2 million) via Australia’s Solar ScaleUp Challenge to support deploying its ‘LUMI’ technology at utility-scale solar PV power plants.
July 1, 2025
A five-year research initiative is underway in Australia to test the viability of floating solar systems on irrigation dams.
June 30, 2025
Australian module manufacturer Tindo Solar has secured a 30MW solar module supply agreement to power Australia's first "net zero pipeline”.
June 26, 2025
PV solar cell manufacturer Halocell Energy has launched its first perovskite-based product called the Halocell Ambient Modules.
June 25, 2025
JinkoSolar has submitted a 133.76MWc solar-plus-storage project in New South Wales to the federal government under the EPBC Act.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA