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NEM spot prices surged over 63% as Victoria green-lit Australia's largest wind farm, highlighting the race between market volatility and the large-scale renewables pipeline.
ACEN Australia reported increased revenue from the 720 MW New England Solar farm due to reduced curtailment and expanded capacity, despite softening energy prices. The project is currently commissioning a 200 MW / 400 MWh battery storage system to further optimize output at the New South Wales site.
The Victorian government has granted environmental approval for a 219-turbine wind farm and two large-scale batteries, positioning the project to become Australia's largest wind facility once constructed.
GAC reduces prices on its Aion V electric SUV as part of EOFY sales with $2,000 cashback on top variant and a free home charger.
BYD's 5 minute flash charging models have been hugely popular, but it has resulted tight battery supply conditions, the company founder reveals.