Australian solar-and-storage company RayGen declared the world’s largest next-generation long duration energy storage (LDES) project, offering fresh hope for the energy transition in Australia and internationally.
The RayGen Power Plant, in Carwarp, Victoria (near Mildura), with 4MW of solar and 2.8MW / 50MWh of storage is also the world’s highest efficiency solar photovoltaic project operating at utility scale and contracted to one of Australia’s largest utilities, AGL Energy. RayGen, founded in 2010 to develop hi-tech solar, introduced our LDES thermal storage concept to the market in 2019.
The project recently achieved the status of ‘commissioning complete’ – the final project-related milestone with the Australian Renewable Energy Agency (ARENA)1 . RayGen’s Carwarp project has been exporting electricity day and night, and has been charging our storage from our solar and from the grid. All component systems have demonstrated performance against specification. The offtake agreement with AGL will soon come into effect.
Today, RayGen is pleased to welcome an additional $10 million in grant funding from ARENA to accelerate RayGen’s pipeline development and industrialisation. The Carwarp project generated over 30 jobs during construction and will provide 5 ongoing jobs. Future projects will help to lower power bills for Australian energy consumers and generate jobs for Australia’s regions and cities in operations, advanced manufacturing and engineering design. RayGen’s alternative approach to energy generation and storage avoids polysilicon, lithium, cobalt and nickel, and supports system strength of the grid.
(Source and image: RayGen – Carwarp solar plant project)