RayGen Solar Power Plant Demonstration

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The RayGen Solar Power Plant Demonstration will demonstrate and validate the performance and cost of RayGen’s innovative solar-plus-storage technology The RayGen Solar Power Plant Demonstration project acknowledges that transition from fossil fuel power to renewable generation is occurring at global scale and with rapid urgency. A major challenge facing the global electricity sector is how to integrate intermittent renewable generation while preserving the reliability, security, and affordability of electricity supply. Grid-scale energy storage will play a key enabling role in the transition from baseload energy generation provided by fossil fuels to a reliable power supply underwritten by renewable generation.Grid-scale energy solutions that are commercially available have limiting characteristics. Pumped hydro storage is limited by geographical constraints. Lithium-ion batteries are only commercially attractive when storing power for short duration. RayGen’s solution offers a new alternative – presenting the cost-economics of pumped hydro and the siting flexibility of batteries.RayGen’s flagship project will supply synchronous, dispatchable power where it is critically needed in the West Murray region of the National Electricity Market. RayGen’s solar-plus-storage technology has a flexible operating philosophy that can store power from both RayGen solar generation and the grid. It provides a solution to grid congestion by storing excess electricity generation from intermittent renewables and increases the value of renewable energy by acting as a dispatchable generator that can respond to market factors.

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