Australia’s Clean Energy Council has signaled that Q1 2024 saw signs of recovery for the nation’s renewable energy generation sector but warned that investment levels must radically increase to achieve 2030 decarbonisation targets.

Real estate investor Montea will put €30 million (US$33 million) to installing 56MWh of distributed battery energy storage systems (BESS) at logistics sites in Belgium and the Netherlands.

Trade association EASE has urged policymakers to recognise the vital role energy storage can play in solving energy sector challenges as European Union (EU) elections take place.

Steven Miles, premier of Queensland, Australia, unveiled plans yesterday (7 June) to allocate a record AU$26 billion (US$17 billion) to the state’s Energy and Jobs Plan over the next four years, facilitating the rollout of solar PV and energy storage technology.

Another edition of news in brief from around the world in energy storage, with Powin, ESS Inc and New Zealand’s Counties Energy.

While short-duration BESS has flourished in Ireland, a ‘policy vacuum’ threatens the long-duration energy storage (LDES) rollout required for its renewables goals, research firm Cornwall Insights said.

Developer and IPP Leeward Renewable Energy and California utility PG&E have agreed a long-term resource adequacy (RA) agreement for a large-scale, PV co-located BESS in Arizona.

Developer and EPC Eco Stor will start building another 103.5MW/238MWh BESS project in Germany in November this year.

According to Lazard, the impact of Inflation Reduction Act (IRA) incentives on the business case for battery storage in the US is now significant.

Prevalon, the US battery storage solutions provider spun out of Mitsubishi Power Americas, intends to deploy 2.5GWh of systems using Rept Battero’s technologies this year.