Australia’s energy storage capacity is anticipated to grow by at least 1 GW with the $1.3 billion ZEBRE platform, a joint effort between Australia-based ZEN Energy and Taiwan-listed HDRE. ZEBRE’s first projects include the 256 MW Solar River Battery Energy Storage System (BESS) and a 210 MW solar farm near Adelaide, supported by the Capacity Investment Scheme. The platform aims to expand energy storage by 1 GW and solar capacity by 400 MW across four Australian states. Owned 70% by HDRE and 30% by ZEN, ZEBRE also has plans to develop renewable energy assets in Taiwan and Japan. With Australia’s energy storage needs forecasted to rise to 22 GW by 2030, the initiative is anticipated to address a critical gap in renewable energy infrastructure.
ZEN Energy and HDRE launch $1.3B ZEBRE platform
ZEBRE platform has secured funding to deliver 1 GW energy storage and 400 MW solar projects across four states. (Image Source: ZENEnergy)
Construction of the Cibele Solar Farm is set to begin soon, with operations scheduled for 2026. (Image Source: LightSourcebp)
This is fourth round of layoffs from SolarEdge this year, as inventory challenges and weak demand persist in Europe. (Image Credit/Source: Marc Mueller /Pixabay )
JinkoSolar’s cutting-edge technology sets a global standard with its unparalleled 33.84% solar cell efficiency. (Image Credit/Source: Hhach/Pixabay)
Executive Vice President Lyu Yunhe has outlined ACWA Power’s plan to invest $50 billion in China, aiming for 1.3 GW capacity by 2024. (Image Credit/Source: Kindel Media/Pexels)