Co-location

As European power markets consolidate and become more competitive, the increasing frequency of negative capture prices is challenging the viability of renewable energy projects.

The rapidly changing nature of the world’s energy mix has necessitated similarly rapid changes in the solar PPA space.

A landowner-led 250MW solar-plus-storage site in Tasmania has been added to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.

Adding energy storage to PV projects offers significant opportunities for futureproofing investments and enhancing grid stability, writes Gabriele Buccini, head of utility storage for Europe at Trinasolar.

The Australian government has released its first National Renewable Energy Priority List, which includes an additional 16GW of renewables.

The European Investment Bank (EIB) has committed €250 million to support the development of Burgenland Energie’s 2GW solar and wind portfolio.

Construction has started on a 400MWh battery energy storage system (BESS) that will be co-located with Acen Australia's 720MW New England solar PV power plant in New South Wales, Australia.

Australia’s Mount Isa City Council in Queensland has released an economic roadmap detailing that the region has some of eastern Australia’s highest potential for co-located solar and wind, with a possible generation capacity of over 26GW.

The Indian Central Electricity Authority has advised state utilities and all renewable energy implementing agencies to co-locate energy storage systems with solar PV in future tenders.

Renewable energy and battery storage assets are best thought of as 'two business units sharing an address'.