Edify Energy

Generali Investments’ Sosteneo unit will acquire 49% of the share capital in Enel Libra Flexsys, a company fully owned by Italian utility Enel, which operates a 1.7 GW portfolio of battery energy storage systems (BESS).

Following the early success of its solar integrated Gannawarra Energy Storage System, Edify Energy has again opted for Tesla Megapack as its preferred battery energy storage system for its combination of storage projects totalling 150MW/300MWh in the Australian state of New South Wales.

The northern Australian region this week added nine solar plants to the two already threatened – along with a wind farm – with having their output halted under certain conditions.

Plans to develop an 18 GWh lithium-ion battery factory in northern Queensland have reached an important milestone with the project feasibility study submitted to the Queensland government.

The New South Wales Department of Planning and Environment has given the green light to a massive solar farm coupled with a utility-scale energy storage facility. The Australian project proposed by Edify Energy is valued at AU$407 million.

Large-scale solar’s rapidly falling costs has seen work on a record-setting number of projects get underway in Australia in 2018 – worth some 2 GW of capacity. The Clean Energy Council’s Kane Thornton made the observation at its Large-scale Industry Forum in Brisbane yesterday.

The Clean Energy Finance Corp. (CEFC) has revealed plans to provide A$98 million ($77.05 million) in debt finance to back the development of the biggest biggest solar project in the Australian state of Victoria.

Australia’s states and territories have taken the lead in the country’s push to deploy renewables such as solar, as well as storage, despite a lack of action at the federal level, according to a new report.

First Solar has agreed to supply 241 MW (DC) of its thin-film PV modules to Sydney-based EPC contractor RCR Tomlinson for Edify Energy’s 180.7 MW Daydream and 60.2 MW Hayman solar projects in the Australian state of Queensland.

Clean Energy Finance Corp.’s (CEFC) has announced its latest round of solar financing, with A$77 million ($58.3 million) to support the development of three projects in the states of Queensland and Victoria.