CCEs bid gets serious, page-7

I with you here Mega, hopefully the numbers add up and the outcome is good for the winnner/s.

The South Australian new energy plan indicates that:

New electricity generators will enter the South Australian market as a result of the State Government tendering 75 per cent of its electricity needs over the next 10 years. It is anticipated this procurement will result in construction of a new privately owned generator in South Australia.

The first project to be funded will be a grid-connected battery – the largest in Australia – to provide the state with 100 megawatts of storage.The battery will modernise South Australia’s energy grid and begin the transformation to the next generation of renewable-energy storage technologies.

The Renewable Technology Fund will provide $75 million in grants and $75 million in loans, to eligible projects, to support private innovative companies and entrepreneurs

http://ourenergyplan.sa.gov.au/assets/our-energy-plan-sa-web.pdf