Photon Energy has secured 1,200 hectares of land in South Australia to develop a solar energy storage project. Photon Energy is currently developing multiple sites in Australia suitable for RayGen’s solar technology in combination with its energy storage solution.
Based on preliminary designs, the company will develop a solar generation capacity of 300 MW with a grid connection capacity of 150 MW. The target storage energy storage capacity is 3.6 GWh, exceeding the 3 GWh capacity of the Ouarzazate Solar Power Station in Morocco, currently the world’s largest energy storage capacity of any type (excluding pumped hydro).
Photon Energy has commenced the permitting and grid-connection processes and expects to reach the ready-to-build stage by the end of 2023.
