The year renewables became mainstream
Jim Plouffe, The Lead South Australia South Australia’s lithium-ion battery grabbed the headlines in 2017, first when Elon Musk announced he’d build the world’s largest battery in 100 days or it would be free, then again when he accomplished it, and yet again when the battery reacted to power surges in record time in December. But the big battery is really just part of the ongoing renewable energy story of South Australia. The year kicked off with the South Australian government launching the $550 million South Australian Energy Plan, which includes a $150 million Renewable Technology Fund that will provide $75 million in grants and $75 million in loans to help private companies and entrepreneurs develop eligible projects. Musk’s now famous battery was one of the first projects to be funded, receiving $20 million to story the energy from the Hornsdale wind farm in South Australia’s Mid North, which is owned by French renewable company Neoen. Tesla CEO Elon Musk and South Australian Premier Jay Weatherill announce the world’s largest battery at Hornsdale Wind Farm in the state’s Mid-North. Picture: Andre Castellucci/InDaily Global energy companies have taken notice of South Australia’s leadership in renewables and began investing in the state in earnest in 2017. In August Solar Reserve announced it would build a 150MW solar thermal in Port Augusta, incorporating eight hours of storage or 1100MWh, allowing it to operate like a conventional coal or gas power station. Electricity retailer Snowy Hydro and Singapore-based renewable energy developer Equis will also build a 100 MW solar farm near Tailem Bend, 100 km southeast of Adelaide. Reach Solar currently have the 220 MW Bungala solar farm about 12km from Port Augusta under construction, with Origin Energy entering a power purchase agreement for the output of the project. Lyon Group also plans to […]