The Victoria government in Australia has approved a 300MW/1,200MWh BESS in Gippsland and a 332MW solar PV power plant with integrated storage.
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An energy storage sector positioned for growth Victoria''s energy storage sector is primed for investment. We have a strong track record in manufacturing and innovation, a world
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In other words, there is a constant trade-off between the different costs in the objective function: the energy storage investment costs, the spot price and energy grid tariff
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The Department of Environment, Land, Water and Planning (DELWP) engaged PwC as financial and commercial advisor to prepare
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The State Electricity Commission (SEC) is back, and its first investment will help build one of the world''s biggest battery projects right
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The firm capacity delivered by Victoria''s energy storage targets will provide reliable, affordable and clean energy as Victoria''s
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As the world shifts to renewable energy, the importance of battery storage becomes more and more evident with intermittent sources
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The Melbourne Renewable Energy Hub (MREH) is now operational with 600MW/1,600MWh capacity, developed by Singapore-based Equis Development and
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Image: Pacific Green. Six energy storage projects, totalling 3,626MWh of energy, have been successful in the Australian government''s Capacity Investment Scheme (CIS) for
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The Victoria government in Australia has approved a 300MW/1,200MWh battery energy storage system (BESS) in Gippsland and a 332MW solar PV power plant in the state''s
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Power producer and retailer EnergyAustralia has kicked off the construction of a 350-MW/1,474-MWh battery energy storage system
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Battery Energy Storage Systems (BESS) are becoming essential in the shift towards renewable energy, providing solutions for grid stability, energy management, and
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The state programme has now been replaced by the federal government''s Cheaper Home Battery Program. Image: Solar Media. Victoria''s home battery energy storage
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A large-scale battery system has been brought online at the site of the former Hazelwood Power Station coal plant in Victoria, Australia.
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The Melbourne Renewable Energy Hub (MREH) is now operational with 600MW/1,600MWh capacity, developed by Singapore
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Draft strategy says batteries of all sizes - and deep storage - are critical to Victoria''s future energy infrastructure. And it calls for all
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Determine the most efficient policy or investment options to provide enough long duration energy storage to meet Victoria''s needs.
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Draft strategy says batteries of all sizes - and deep storage - are critical to Victoria''s future energy infrastructure. And it calls for all replacement appliances to be electric.
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The firm capacity delivered by Victoria''s energy storage targets will provide reliable, affordable and clean energy as Victoria''s ageing and increasingly unreliable coal
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Energy Vault has been tapped by Victoria''s SEC to deliver a 100MW/200MWh government-owned battery energy storage system
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The third quarter of the 2025 calendar year (Q3) saw energy storage projects continue to charge ahead with new records set, while
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As the global community increasingly transitions toward renewable energy sources, understanding the dynamics of energy
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The Victorian Big Battery is a 300 MW grid-scale battery storage project in Geelong, Australia which stores enough energy in
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The third quarter of the 2025 calendar year (Q3) saw energy storage projects continue to charge ahead with new records set, while momentum for renewable energy investment
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The Department of Environment, Land, Water and Planning (DELWP) engaged PwC as financial and commercial advisor to prepare the validation business case for the
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The global utility-scale photovoltaic market is experiencing significant growth in Southern Africa, with demand increasing by over 400% in the past five years. Large-scale solar farms now account for approximately 70% of all new renewable energy capacity additions in the region. South Africa leads with 65% market share in the SADC region, driven by REIPPPP (Renewable Energy Independent Power Producer Procurement Programme) and corporate PPAs that have reduced levelized electricity costs by 60-70% compared to traditional power sources. The average project size has increased from 10MW to over 50MW, with standardized EPC approaches cutting installation timelines by 65% compared to traditional solutions. Emerging technologies including bifacial modules and single-axis tracking have increased energy yields by 25-35%, while manufacturing innovations and local content requirements have created new economic opportunities across the solar value chain. Typical utility-scale projects now achieve payback periods of 4-6 years with levelized costs below $0.04/kWh.
Containerized energy storage solutions are revolutionizing power management across Southern Africa's industrial and commercial sectors. Mobile 20ft and 40ft BESS containers now provide flexible, scalable energy storage with deployment times reduced by 80% compared to traditional stationary installations. Advanced lithium-ion technologies (NMC and LFP) have increased energy density by 40% while reducing costs by 35% annually. Intelligent energy management systems now optimize charging/discharging cycles based on real-time electricity pricing, increasing ROI by 50-70%. Safety innovations including advanced thermal management and integrated fire suppression have reduced risk profiles by 90%. These innovations have improved project economics significantly, with commercial and industrial energy storage projects typically achieving payback in 3-5 years through peak shaving, demand charge reduction, and backup power capabilities. Recent pricing trends show standard 20ft containers (500kWh-1MWh) starting at $180,000 and 40ft containers (1MWh-2.5MWh) from $350,000, with flexible financing including lease-to-own and energy-as-a-service models available.