Australia's largest electricity generator AGL Energy is accelerating its exit from coal, announcing it will shut down the Loy Yang A power plant in Victoria’s Latrobe Valley a decade earlier than planned, with the company aiming to abandon coal completely by 2035.| pv magazine Australia
The Victorian government has announced an ambitious target to reach 95% renewables by 2035, to end the state’s reliance on coal generation, and to establish a publicly owned corporation that will see the state hold a controlling stake in new renewable energy projects.| pv magazine Australia
The first battery energy storage project has been approved under the Victorian government’s streamlined renewable energy planning process, with the state signing off on a 350 MW / 700 MWh project being developed by ACEnergy in the Wimmera region.| pv magazine Australia
Asset management company Sosteneo Infrastructure Partners has made its first foray into the Australian renewable energy market, purchasing the 185 MW/370 MWh Koorangie Energy Storage System in northern Victoria from Edify Energy.| pv magazine Australia
Edify Energy has been awarded the contract to deliver a grid forming, lithium-ion big battery in Victoria, which will provide system support services for Victoria Murray River Renewable Energy Zone and contribute to the state’s new storage targets.| pv magazine Australia
The 185 MW / 370 MWh Koorangie battery energy storage project in Victoria has reached a major milestone with developer Edify Energy confirming the system has successfully exported power to the grid for the first time.| pv magazine Australia