AGL Energy has deployed approximately AU$900 million toward BESS and renewables in Australia during the fiscal year ending June 2025.
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AGL Energy has deployed approximately AU$900 million toward BESS and renewables in Australia during the fiscal year ending
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Octopus Australia has brought the $900 million (USD 587 million), 300 MW Blind Creek Solar Farm and 243 MW / 486 MWh battery energy storage (BESS) project to financial
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9 hours ago The precinct will also integrate renewable energy solutions, with the potential for up to 200 MW of rooftop solar and battery storage, delivering lasting environmental and social
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Rooftop solar raced past 4 million installations and continues to drive Australia''s clean energy transition, while new investment in utility scale generation and storage combined
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Octopus Australia Co-Managing Director of Renewables, Sonia Teitel, said. In April, the company reached financial close on the 80 MW Fulham Solar Project and its co
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300 MW solar farm and a 243 MW / 486 MWh battery, backed by major investors including Hostplus, Rest Super, APG, Westpac and the Clean Energy Finance Corporation
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The integration of renewable energy sources continues to drive unprecedented demand for advanced energy storage solutions across Australia''s electricity grid. Among
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Australia''s large-scale renewable energy pipeline has received a significant boost, with Octopus Investments Australia confirming it will proceed with a $900 million hybrid solar
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Wärtsilä will supply the DC-coupled battery storage system for the project. Image: Octopus Australia. Octopus Australia has achieved financial close on a AU$900 million
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Octopus Australia reaches financial close on Blind Creek Solar Farm and Battery in Bungendore, NSW - a landmark agri-solar project delivering 300MW of clean energy and
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The CEFC congratulates Octopus on the start of construction at the Blind Creek Solar Farm and Battery project. Find out more about the CEFC investment, part of a joint
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The Benefits of Pumped Hydro in Australia Australia already boasts a pumped hydro fleet of about 1.6GW across the Wivenhoe, Tumut 3 and Shoalhaven power stations,
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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.