Category: News Australia

Neoen secures debt financing for 1.3 GW clean energy assets in Australia

Neoen secures debt financing for 1.3 GW clean energy assets in Australia

December 20, 2024 | , ,

Neoen has secured AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets. This has effectively doubled its Australian renewable energy portfolio financing. A group of 11 major Australian and international lenders participated in the transaction. The operating assets being added to the portfolio include three solar farms in New South Wales: Griffith Solar Farm, Parkes Solar Farm, and Dubbo Solar Hub.

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X-ELIO to build 148 MW BESS in Australia

X-ELIO to build 148 MW BESS in Australia

October 23, 2024 | , ,

X-ELIO has announced the expansion of its Blue Grass Solar Farm in Queensland’s Western Downs with the addition of a 148 MW Battery Energy Storage System (BESS), marking its first hybrid solar and storage project in Australia. The project will be developed in two phases, with the first phase delivering a 60 MW BESS by 2025 and the second phase adding an 88 MW BESS by 2026.

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Akaysha Energy obtains A$650 million in funding for Orana BESS

Akaysha Energy obtains A$650 million in funding for Orana BESS

July 15, 2024 | , ,

The Orana battery energy storage system (BESS) project in New South Wales, Australia, has reached an agreement for A$650 million with Akaysha Energy. Situated in the Central West Orana renewable energy zone, the Orana project will be built with funding from the three-year facility. The project is scheduled to be online in 2026 with a 1,660 MWh of projected capacity. 

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Origin Energy acquires Walcha Energy in Australia 

Origin Energy acquires Walcha Energy in Australia 

February 20, 2024 | ,

Origin Energy has acquired Australian renewable energy provider Walcha Energy in New South Wales, for an unknown sum. Walcha Energy has been working on the Ruby Hills wind and Salisbury solar projects, which have a combined capacity of 1.3 GW. The two projects are located close to Origin’s recently acquired Warrane land.

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Equinix signs 151 MW renewable energy PPA with TagEnergy in Australia

Equinix signs 151 MW renewable energy PPA with TagEnergy in Australia

February 6, 2024 | ,

Equinix, a digital infrastructure company, has signed a power purchase agreement (PPA) with TagEnergy for 151 MW of clean energy from the 1.33 GW Golden Plains wind farm in Australia. The PPA will help Equinix achieve its goal of running its business entirely on renewable energy. The wind farm’s 17 International Business Exchange (IBX) data centres in Australia.

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Gaw Capital, BW ESS establish Valent Energy in Australia

Gaw Capital, BW ESS establish Valent Energy in Australia

January 25, 2024 | ,

Gaw Capital Partners and BW ESS have launched Valent Energy, an investment platform in Australia with over 1.6 GW of utility-scale battery projects, including three in Victoria and New South Wales that are fully approved and ready-to-build. Gaw Capital and BW ESS will bring together their resources in Valent Energy.

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RWE partners with Stanwell for 1.8 GW wind projects in Australia

RWE partners with Stanwell for 1.8 GW wind projects in Australia

September 1, 2023 | , ,

RWE and Stanwell have teamed up to construct two onshore wind farms with a total capacity of 1.8 GW in Queensland Australia. Stanwell will look into energy offtakes and probable equity investment in RWE’s 1.1 GW Theodore wind farm which is under construction near the town of Biloela. A second wind project with 720 MW of capacity is at an initial stage of construction in the southern part of the state.

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BP finishes feasibility study for green hydrogen hub in WA

BP finishes feasibility study for green hydrogen hub in WA

August 28, 2023 | , ,

BP has completed the concept development phase study of a green hydrogen project in Kwinana, Western Australia, and it has identified two viable base-case scenarios for production. The H2Kwinana energy centre will be able to deliver green hydrogen for both the domestic market and exports. The completion of the feasibility study was announced by the Western Australian government.

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AGL, Wärtsilä complete 250 MW BESS project in South Australia

AGL, Wärtsilä complete 250 MW BESS project in South Australia

August 24, 2023 | , ,

Wärtsilä and AGL Energy of Finland have completed the Torrens Island grid-scale battery energy storage system (BESS) in South Australia. The BESS plant, the second-largest operational battery in the country, will have the capacity to supply an hour’s worth of power to 75,000 homes in South Australia. In addition to balancing the energy produced by the renewable energy source.

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