Ark Energy has secured AU$1.3 billion in financing for the 2.2GWh Richmond Valley solar-plus-storage project in New South Wales, marking one of the largest single-site commitments to large-scale battery storage in Australia. The project, which pairs a solar farm with a battery energy storage system, underscores how big batteries are becoming the default backstop for renewable energy intermittency in the National Electricity Market.
Separately, Quinbrook Infrastructure Partners has submitted a development application for a 250MWp solar farm in Queensland, adding to the momentum of Australia’s utility-scale solar pipeline. While the two projects are at different stages—Ark Energy has locked in capital, Quinbrook is still in permitting—they
Original source: Energy Storage News