New big battery projects in Australia double in size as storage prices
Australian big battery projects headed for record year as storage prices halve over the last year.
According to TrinaSolar that cost will total just $400 million. The company clarified to Renew Economy that this $400 million reflects only the first 330MW/1.32GWh stage of the project – but it still appears to set a new low for battery storage project costs in Australia.
This expansion will add 700 MWh of energy storage, bringing the facility's total capacity to 700 MW/2,800 MWh, making it the largest battery project in Australia and among the largest globally.
The Northern Territory and South Australia are the key markets for energy storage, mainly in terms of off-grid energy supply. South Australia, which is the leading country in integrating renewable energy into its power supply system, utilizes battery storage to stabilize its intermittent supply from wind and solar farms.
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