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Energy Storage News•9 months ago

•BrightNight and Cordelio Power have reached financial close on the 300MWac solar PV and 300MW/1,200MWh BESS Pioneer Clean Energy Centre in Yuma, Arizona.
•This project represents a significant investment in large-scale, long-duration battery energy storage (1.2GWh), demonstrating increasing market confidence and viability for such developments.
•The successful financing of this co-located solar-plus-storage facility provides a blueprint for developers seeking to deploy similar dispatchable renewable energy assets.

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CleanTechnica•9 months ago

•The Australian government is launching the 'Solar Sharer energy reform' in July 2026, offering 3 hours of free electricity daily to consumers in South East Queensland, South Australia, and New South Wales, with other states joining in 2027.
•This policy represents a significant market intervention, creating periods of zero-cost electricity that will drastically reshape demand patterns and wholesale pricing during those hours.
•Developers must re-evaluate project economics, particularly for solar and storage, considering potential negative pricing or reduced revenue during the free hours, and new arbitrage opportunities.

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CleanTechnica•9 months ago

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