AGL, the country’s biggest coal generator and biggest polluter, on Saturday a announced that it is to build a massive 250MW big battery in South Australia, with four hours of storage, making it the longest duration big battery to be built in Australia. Importantly, the 250MW, 1000MWh battery will be built at the site of the ageing Torrens Island gas generator, which is to due to close within a few years once a new transmission link in built from South Australia to NSW, and as more renewables and grid-scale batteries displace gas generation in the supply of bulk energy and key grid services. The significance of this battery is the four hours of storage, the first in Australia, which suggests that AGL now sees batteries as competitive with gas generators to meet peak demand periods, and to operate primarily to shift the supply of wind and solar to when it is needed most.
Renew Economy 14th Nov 2020 read more »
Clean energy infrastructure specialist Zenobe Energy is poised for rapid expansion, after securing a £150m investment from Infracapital, the infrastructure equity investment arm of M&G Plc. Infracapital’s funding is set to support the growth of Zenobe’s grid-scale battery services and electric vehicle (EV) and charging infrastructure services, the company said. It added that when combined with debt facilities, the funding means the company will be able to mobilise around £450m of investment in the fast-expanding storage and EV infrastructure sectors.
Business Green 16th Nov 2020 read more »