“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.
Advanced battery technology company Saft has executed its first projects in Australia, installing around 2MWh of battery energy storage systems (BESS) at 13 sites in Queensland.
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
A new white paper from Wärtsilä Energy shows that being able to integrate and then optimise all of these different assets is the key to ensuring that your project - and your investment - is going to provide the maximum benefit, longest possible lifetime in the field - and the best business case. Risto Paldanius, Director of Business Development, Energy Storage and Integration at Wärtsilä told us a bit more about what optimization really means in today’s energy market.
Australia-headquartered flow battery maker Redflow is continuing with a strategy of selling devices into the telecoms sector, agreeing on a second deal to repower mobile phone towers for a South African provider.
Despite the huge strides energy storage has made, significant hurdles remain before the technology in its many guises can be claimed to have fulfilled its massive potential. E-S.n editor Andy Colthorpe assesses the key successes and ongoing challenges for this indispensable part of the future power system.
Energy use by air conditioning can be both expensive and taxing for the environment, with the University of the Sunshine Coast, Queensland, Australia, set to trial a three-storey ‘water battery’ to reduce both energy demand and cost.
News in brief from around the world of energy storage.
News in brief from around the world in energy storage.
Virtual power plants made up of household solar and battery systems look set to continue their rise in Australia, with utility AGL expanding the scope of an ongoing project significantly.
Make no mistake - headlines in the mainstream press this week around Australia, climate change and energy are not positive. But enthusiasm at state level, where arguably politicians have closer relationships with their constituents, appears to run counter to apathy or even obstructionism from the top.
RedT has confirmed it has agreed outline terms for a reverse takeover of fellow vanadium redox flow battery firm Avalon, a move which the firm said would create a “leading player” in the energy storage market.
A list of 10 proposed projects have been selected for ‘Renewables 400’, a state government push to deploy 400MW of renewable energy generation capacity with 100MW of energy storage in Queensland, Australia.
Australian authorities have rallied behind what is arguably the largest solar-plus-storage project to be conceived in the world’s history.
A pilot scheme in the Australian state of Victoria will give householders a rebate of “up to AU$4,838 for a solar battery system”, with a quarter of the first tranche of subsidies already accounted for since the scheme launched.
Genex to reach financial close by the autumn for innovative pumped storage plant offering dispatchable solar through disused gold mine.