Germany company Voltstorage, claiming to be the only developer and maker of home solar energy storage systems using vanadium flow batteries, raised €6 million (US$7.1 million) in July.
Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”.
A renewable energy project that could provide up to 20% of Singapore’s electricity needs has been fast tracked by the Australian government.
Western Australia will invest AU$56.3 million (US$40.11 million) in solar power as part of a new renewable energy plan designed to kickstart the state’s economy following the impacts of the COVID-19 pandemic.
The investment case for battery energy storage has really come of age and Ben Irons at grid-scale battery optimisation company Habitat Energy explains why, in this webinar and Q&A.
The Australian Energy Market Commission (AEMC) announced today that five minute settlement windows for spot prices in the National Electricity Market (NEM) will be implemented from 21 October 2021.
Coal retirements, liberalised energy markets and declining costs continue to improve the business case for energy storage in Australia, but the coronavirus pandemic is among factors creating uncertainties and risks, new research has found.
Fluence’s proposal to use two large-scale battery storage systems to ease electricity transmission issues between the Australian states of Victoria and New South Wales has been published by the Australian Energy Market Operator (AEMO) this week.
The business case for behind-the-meter (BTM) battery storage in Australia appears to be positive, according to a University of Queensland report on the performance of a 1.1MW / 2.15MWh Tesla battery energy storage system (BESS).
An Australian government-backed trial to create “virtual gas wells” using renewable electricity may demonstrate that small-scale, “stackable” units could be viable in making power-to-gas technology work at scale, the company providing electrolysers for the project has said.
Australia’s government-owned green bank, the Clean Energy Finance Corporation (CEFC), has pledged AU$300 million (US$192 million) of existing funding towards “building investor confidence in renewable hydrogen”.
A roundup of news in brief from one of the world's hottest markets for energy storage - Australia.
Targeting a national economic goal in mind of making hydrogen competitive with natural gas, Australia’s government has put AU$70 million (US$44.3 million) into a “deployment funding round” for renewable hydrogen.
“The elimination of solar energy’s intermittency and ensuring its 24-hour availability at grid-competitive cost is the holy grail and RayGen has found it”.
Australian state governments of Western Australia and the Northern Territory have budgeted for measures to support renewables in the past few days, primarily through supporting batteries at large-scale, residential and community level.
“The bottom line is that this is a good business decision. We will get back our money in eight to 10 years at the current price of power. As the price of energy goes up, we’ll pay it back even quicker.”
In the past couple of weeks, national and state government organisations in Australia have announced various stages of development for solar projects with a range of advanced and innovative storage solutions attached.
Developers of two significant solar-plus-storage projects in the Australian state of New South Wales have been given the go-ahead, with only minor conditions added to their proposals.
Mining giant Rio Tinto is to develop a large-scale solar-plus-storage system at an iron ore mine in Western Australia, continuing a trend of hybrid renewables-plus-storage projects in the region.
This week's news-in-brief stories come from across Solar Media's publishing channels.
Major Australian utility company AGL has signed a 15-year contract for “operational dispatch rights” to a 100MW battery storage system to be built in Queensland.
In today’s episode, ESN’s Andy Colthorpe and Liam Stoker explore the way grids are changing in the Middle East to accommodate clean energy, the role virtual power plants are playing in Italy, and the contrasting role coal is playing in Germany and bush fire-stricken Australia.
Energy trading firm Power Ledger’s peer-to-peer (P2P) technology is integrated from the design conception stage of a new property development in Australia.
Australia’s CEFC commits AU$50m to expanding ‘landmark’ Tesla Hornsdale Power Reserve battery system
Australia’s national Clean Energy Finance Corporation (CEFC) has said it will commit AU$50 million (US$34.14 million) to help fund expansion of landmark Hornsdale battery project in South Australia.
Redflow’s zinc-bromine based devices have been picked by the New Zealand Rural Connectivity Group to help extend mobile coverage and internet connectivity to thousands of homes and businesses in remote areas.
In what is unlikely to become a regular feature of Energy-Storage.news, but seems apt nonetheless, this edition rounds up news from some of the latest behind-the-meter orchestras of small-scale resources in the past few weeks.
Large-scale solar farm developer Maoneng Energy said it is expanding its battery energy storage portfolio in Australia, after signing a deal for 400MWh of projects with major utility company AGL.
A wind farm with co-located battery storage, in development by UK-headquartered multinational renewables developer and EPC provider RES Group, is to go ahead in Australia.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
Solar Media's Liam Stoker and Andy Colthorpe are back for episode three of the Solar Media Podcast after what's been a bumper month for energy storage.