A capacity mechanism for Australia’s National Electricity Market needs to catalyse investment in renewable energy and energy storage.

Crossboundary Energy Access, an investment platform which is project financing solar-powered mini-grid projects in rural Africa, has secured US$50 million funding.

The government of Victoria, Australia, has opened a round of funding for ‘neighbourhood-scale’ battery storage.

There could be nearly 13GW of energy storage on the grid in New York by 2052, according to the state’s grid operator NYISO.

Inaccess, which has worked on some of world’s biggest battery projects, has been acquired by renewables software company Power Factors.

NextEra Energy decarbonisation strategy includes eliminating all scope 1 and 2 emissions from its operations by 2045 without carbon offsets.

Novel project in development in Australia combining CSP, molten silicon thermal storage, solar PV and grid-scale BESS appears to be revived.

Western Australia will retire its two state-owned coal power plants by 2030 and invest in renewable energy and energy storage.

Hitachi Energy will power the US’ first-ever primary vanadium source entirely from renewable energy in a partnership with Nevada Vanadium.

KORE Power will provide batteries for a 20MWh battery storage project under development between ABB and UK green energy supplier Ecotricity.