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Victoria Approves 330-MW Solar Farm with Storage System
government of Victoria, Australia, has expedited the approval process for a 330-MW solar farm project near Geelong, on the state's southern coast. This initiative
Apr 1, 2025 // Plants, Large-Scale, Commercial, Storage, Victoria, PV Power Plant
Largest Solar Plants
solar power stations in Spain
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Apr 5, 2022
RayGen secures USD 32m for solar storage expansion
Australian thermal storage technology provider RayGen Resources Pty Ltd has secured AUD 50 million (USD 32.2m) in funding to expand manufacturing and scale up project delivery. The company's technology combines concentrated solar power with thermal water-based storage to convert solar heat into on-demand electricity. The funding round included USD 30 million from US offshore oil drilling giant SLB, a current investor, and a strategic deployment agreement was signed to support RayGen's international market expansion.In addition to SLB's investment, Breakthrough Victoria, a state-owned venture capital fund, injected AUD 20 million into RayGen to support market growth. The company, based in Victoria, is commissioning a 170-MW factory and has been operating a test facility since 2015, making it the largest next-generation thermal hydro long-duration energy storage site globally.
What is RayGen Resources' innovative solar technology and recent funding success?
RayGen Resources' innovative solar technology combines concentrated solar power with thermal water-based storage to convert solar heat into on-demand electricity.
The company recently secured AUD 50 million (USD 32.2m) in funding to expand manufacturing and scale up project delivery.
USD 30 million of the funding came from US offshore oil drilling giant SLB, a current investor in RayGen.
A strategic deployment agreement was signed with SLB to support RayGen's international market expansion.
Breakthrough Victoria, a state-owned venture capital fund, also invested AUD 20 million in RayGen to support market growth.
RayGen is based in Victoria, Australia, and is currently commissioning a 170-MW factory.
The company has been operating a test facility since 2015, making it the largest next-generation thermal hydro long-duration energy storage site globally.
Apr 23, 2024 // Storage, RayGen
100MW BESS for Victoria: Flow Power Secures Permit
permit for a 100-MW battery energy storage system (BESS) project in Victoria, Australia. The Bennetts Creek scheme will be located near the Morwell Terminal Station
Dec 4, 2023 // Storage, Victoria, Flow Power
Bluefield's Broadway House: Solar, Storage, Sheep
plans to build a 49.9-MW solar farm near the city of Bluefield in Queensland, Australia.
The AUD $63 million project is expected to create up to 150 jobs during
Dec 8, 2023 // Plants, Large-Scale, Commercial, Storage, PV Power Plant, Bluefield, Northumberland
China's Solar Shake-Up: Batteries Boom, Solar Woes
effect of lower midday prices on the economics of solar remains to be seen. Australia will continue to press China to remove trade impediments affecting live
Dec 11, 2023 // Markets & Finance News, China, Asia
Tuvalu receives a $6 million grant for renewable energy goals
Energy Investment Facility by ADB.
In summer 2019, prime minister of Australia was present at Pacific Islands Forum. He promised over US$345m would be
Nov 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Rooftop PV, Australia, Asia, rooftop PV, Oceania, Tuvalu
Light-Year One To Be Powered By Sun Power Maxeon
solar challenge that saw the car drive 3,000km at a speed of 75kmh through Australia. They emerged top in the competition. In 2015, the car won the prize once
Dec 30, 2019 // Transport, Sun Power, Maxeon, Light-Year One, Richard Swanson, Domjan Raphael
NSW is about to overtake the Sunshine State on big scale solar production
River (the first stage of which was the initial grid scale solar farm in Australia when constructed in 2012), and the Merredin solar
Sep 6, 2021 // Plants, Markets & Finance News, Australia, Oceania, solar farm
Rio Tinto eyes 6GW of solar as well as wind as part of decarbonisation press
in addition to "a durable firming remedy".
In the Pilbara area of Western Australia, where Rio owns 16 iron ore mines and is presently building a
Oct 20, 2021 // Plants, Australia, Oceania, mining, Western Australia, decarbonisation, mines, Rio Tinto
TagEnergy starts building and construction of 20MW/40MWh battery
business has developed a profile of near 2GW in Portugal, Spain, UK and also Australia, based upon solar, wind and also battery storage innovations. It this month
Oct 22, 2021 // Markets & Finance News, Storage, UK, Europe, tagenergy, Franck Woitiez
Alinta powers up 60-MW Australian solar farm for Fortescue
over 160,000 panels on an area of 120 hectares, this is Western Australia's biggest remote solar farm, Alinta said. The park will displace around 100
Dec 15, 2021 // Plants, Large-Scale, Commercial, Australia, Oceania, alinta, solar farm, Fortescue
Octopus Energy raises US$ 550m to invest in renewables-enabling tech
(US$ 6.95 billion) investment platform to acquire renewables assets throughout Australia, acquiring the country's biggest operational solar project while doing
Jul 27, 2022 // Markets & Finance News, Octopus Energy, energy technology, Tokyo Gas, ccp investments, Kraken
Sterling and also Wilson Emerges As L1 Bidder for NTPC Khavda RE Park Order
company has an avowed plan to tap into the huge EPC market in the US, Europe, Australia and also India, as well as had highlighted the PSU market as a particularly
Aug 23, 2022 // Markets & Finance News, NTPC, BOS contract, Khavda solar ark, sterling and wilson renewable energy
RWE obtains Polish solar developer
pipeline.
RWE Chief Executive Officer Onshore Wind and also PV Europe & Australia claimed: "This purchase stands for an excellent possibility for RWE to expand
Aug 25, 2022 // Markets & Finance News, Poland, Europe, rwe, Alpha Solar