Energy Storage News•27 days ago
Western Australia awards 1.9GW of renewables and 3.7GWh of battery storage under CIS Tenders 5 and 6
Key Takeaway
The Australian government's substantial awards under the CIS demonstrate a robust, policy-driven market for renewable energy and storage projects in Western Australia, creating significant opportunities for developers and ensuring future clean energy supply for large consumers.
AI Summary
- •Western Australia has awarded contracts for 1.9GW of renewable energy generation and 3.7GWh of battery storage across 10 projects under the Australian government's Capacity Investment Scheme (CIS) Tenders 5 and 6.
- •This significant government-backed initiative signals a strong and active market for renewable and storage development in WA, providing clear policy support and contract certainty for developers.
- •For large power consumers, these awards indicate a substantial future increase in clean energy supply and grid stability in Western Australia, potentially leading to more competitive PPA opportunities and reduced emissions.
Topics
capacity-marketpolicyppasolarstoragewind