"The state government’s $1 billion renewables fund has chosen its first project, investing $100 million in battery projects in Newcastle and Homebush..offers investments between $25 million and $150 million, prioritising short- and long-term energy storage projects …” #renewablesage Australia
Battery storage projects in Homebush and Newcastle will receive $100 million, the first investment made by the government’s Energy Security Corporation.
One of Russia’s largest fuel retailers Tatneft has just announced fuel rationing across its entire network. This is huge. The whole country is now facing shortages.