1-10 of 11 results
How pumped hydro can be a viable large-scale energy asset for private investors
Interest in pumped hydro energy storage (PHES) continues to grow as the need for affordable, long-term, firm and weather-independent dispatchable electricity becomes increasingly critical to Australia's energy transition. However, its high upfront capital costs and complex planning, procurement. ...
Pumped hydro: current projects in development across Australia
Following the procurement and contractual close of the Kidston Pumped Hydro Project and Snowy 2.0, multiple pumped hydro energy storage projects have been announced, and are in the early stages of planning and procurement. ...
How pumped hydro can provide the stability Australia's energy transition needs
Australia's favourable natural geographical landscape and abundance of retiring mine sites provide a unique opportunity for pumped hydro energy storage to play a key role in driving the energy transition in this country. ...
Allens advises Pacific Green on development and sale of Limestone Coast North BESS project
The 250MW/500MWh BESS is located in the Limestone Coast region of South Australia and is expected to commence commercial operations in early 2027. 'The development of the Limestone Coast North BESS ...
Allens advises lenders on Australia's largest standalone BESS financing
The 520MW/1856MWh BESS, being developed by global investment manager Quinbrook Infrastructure Partners, is located adjacent to the central node of Queensland's electricity network, allowing for ...
Allens advises ZEN Energy on new battery and solar investment platform
The platform will see Australia's energy storage capacity grow by at least one gigawatt – a third of its current capacity – starting with the Solar River 256MW battery energy storage system (BESS) ...
Allens advises Novonix on capital raise for commercial graphite production
The capital raising comprised a fully underwritten placement to institutional investors, a non-underwritten conditional placement to existing major shareholder Phillips 66, and a share purchase pla ...
Allens advises syndicate of banks on GPG Australia's $2.3 billion portfolio financing
Jointly owned by Naturgy and an arm of the Kuwait Investment Authority, GPG Australia is a significant player in the renewable energy sector. The financing platform is expected to support the ...
Allens advises ENGIE on virtual battery offtake agreement
This is the first deal of this nature that ENGIE has signed in Australia and will enable it to replicate the functions of a grid-scale battery, using Neoen’s custom software to allow for virtual ...
Allens advises ZEN Energy on solar power purchase agreement from hybrid facility
Under the 10-year agreement, ZEN has secured 70% of the solar capacity of the Quorn Park Hybrid Facility in New South Wales. The 98 MWDC solar farm and 20MW battery energy storage system is set to ...