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Australia : South Australian Govt. unveils calls under USD 119m Renewable Technology Fund
Publish Date : 01-Sep-2017
The South Australia State Government has launched three calls under its AUD-150-million (USD 119m/EUR 100m) Renewable Technology Fund. The government had launched the fund in March as part of its AUD-550-million energy plan.
The maiden project that it supports is a 100-MW battery, the tender for which was secured in July by Tesla Inc. The battery will work closely with Neoen's 315-MW Hornsdale wind farm. The Renewable Technology Fund comprises AUD 75 million in grant funding and AUD 75 million in loans or other forms of support.
Through it, the state government is currently seeking proposals for firming renewable production, or more specifically adding storage or other equipment to current or pending wind or solar developments in order to get enhanced inertia and system stability. The second call is for bulk power storage, for example pumped hydro, compressed air, thermal storage or virtual power plants. The government has also invited proposal for bioenergy generating units.
The last date of application is September 28, and the winners would be announced before the Australian summer.
Premier Jay Weatherill, said, "Well soon be home to the worlds largest lithium ion battery at Jamestown and the ground-breaking solar thermal project at Port Augusta. Now were looking for the next generation of renewable technologies and demand management technologies to maintain our global leadership."