Summary
Ampyr Australia has acquired a 270MW grid-forming battery energy storage system (BESS) in South Australia from Green Gold Energy. The facility, previously known as the Davenport Battery, will now be renamed the 'Northern Battery' under Ampyr's ownership. This acquisition marks an expansion of Ampyr's portfolio and enhances its position in the Australian energy market.
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Key Takeaways
- Ampyr Australia has acquired a 270MW grid-forming BESS project in South Australia, increasing its presence in the country's energy storage sector.
- The facility, formerly known as the Davenport Battery, will be renamed the 'Northern Battery' after the acquisition, reflecting Ampyr's ownership and operation of the site.
- This deal demonstrates Ampyr's strategic growth plans and its commitment to contributing to the development of a more resilient and sustainable energy grid in Australia.
Summary
Octopus Australia has achieved financial close on a $900 million solar-plus-storage facility in New South Wales, featuring 300MW of solar generation and a 243MW/486MWh battery energy storage system. The DC-coupled hybrid facility will provide renewable energy to the grid and support peak demand management. This project marks an important milestone for Octopus Australia's expansion into the Australian market.
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Key Takeaways
- The $900 million facility is one of the largest solar-plus-storage projects in Australia, with 300MW of solar generation and a 486MWh battery energy storage system.
- The DC-coupled hybrid design allows for seamless integration between solar and energy storage, enabling efficient peak demand management and grid stability.
- The project's financial close is a significant milestone for Octopus Australia, marking the company's expansion into the Australian renewable energy market.
Summary
The South Korean government has mandated that all public parking lots larger than 1,000 square meters must install solar power systems by late November. This requirement is part of a nationwide policy to accelerate renewable energy adoption in urban areas and improve land-use efficiency. The measure aims to enhance the efficient use of national land through public sector leadership in renewable deployment.
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Key Takeaways
- All public parking lots over 1,000 square meters will be required to install solar power systems capable of generating at least 100 kW (1 kW per 10 square meters) by late November.
- The measure is designed to accelerate renewable energy deployment in urban areas with available grid access and improve land-use efficiency using public parking lots for solar generation.
- This requirement builds on existing policies, such as the Renewable Portfolio Standard for power producers and a mandate requiring installations at public buildings, aimed at expanding renewable adoption.