AGL Energy has reached a final investment decision for its 500 MW/1,000 MWh Liddell project in New South Wales, Australia.
AGL is advancing the development of a 500 MW, two-hour duration battery at the Hunter Energy Hub, situated on the grounds of the retired Liddell coal-fired power station. With a projected cost of AUD 750 million (USD 505 million). AGL plans to finance the battery through its balance sheet, utilizing operating cash flows and existing debt facilities, including recently secured green capex loans. The project will receive support from a AUD35 million (USD 23 million) Arena grant and a Long-Term Energy Service Agreement (LTESA), facilitated by AEMO Services on behalf of the NSW government.
the project is slated to commence in early 2024, with operational commencement targeted for mid-2026
The New South Wales (NSW) Independent Planning Commission (IPC) has conditionally approved Trina Solar’s development application for the 200 MW Glenellen Solar Farm to be built near Albury in the Riverina region, Australia.
Read moreWestern Australia’s Regional Joint Development Assessment Panel has approved Synergy’s plans to construct a 500 MW, four-hour battery energy storage system near the coal town of Collie in Western Australia.
Read moreEnergyAustralia has released the concept design for a 335 MW pumped hydro energy storage and generation project at Lake Lyell in New South Wales, Australia.
Read moreAcciona Energia has announced that it will begin building the AUD 500 million (US$330 million) 380 MW Aldoga Solar Farm in Queensland, Australia.
Read moreCopenhagen Infrastructure Partners (CIP) has nominated Canadian Solar’s e-storage division as the preferred major contractor to build the 240 MW/480 MWh Summerfield Battery Energy Storage System (BESS) in the Murraylands region, South Australia.
Read more