Golden Concord Holdings Ltd., the Chinese clean-energy group, is seeking to acquire assets from bankrupt U.S. renewable-energy giant SunEdison Inc., people familiar with the company’s plans said.

Battery storage and solar will be combined in a $42.5 million project for far north Queensland which will provide enough electricity to power 3,000 homes.

Australian company proposes 100MW solar farm with single axis tracking technology, going into "merchant market" with no additional grants.

While renewable energy is now the cheapest kind of new power generation that can be built right now in Australia, the goal of a zero-emission energy sector is still lacking a vital piece – affordable large-scale energy storage that will continue to pump out electricity after the sun goes down and the wind stops blowing.