Queensland-based developer SolarQ is planning to build a 350MW(ac) solar plant combined with a ground-breaking 4,000MWh of lithium-ion battery storage in the Gympie Region of Queensland, Australia.
One of Australia’s energy market regulators has put out a lengthy document detailing the potential impact of introducing five minute settlement into the electricity spot market, which would likely favour flexible resources such as energy storage.
San Diego, California’s ultracapacitor-based energy storage manufacturer Maxwell Technologies has signed a stock purchase agreement with China’s SFIC Fund Management – a significant investor in China’s storage industry – at US$6.32 per share.
California’s Self-Generation Incentive Program (SGIP), the scheme to incentivise the use of distributed energy, opens for applications at the beginning of next month, weighted to favour energy storage.
Leclanché has hailed recent project wins and a potential 450MW pipeline in reporting an improvement on its finances, which the company’s CFO has called “the first stage of our journey towards EBITDA breakeven”.
Energy storage solutions and software company Greensmith Energy has installed its software platform at an existing energy storage site of giant US utility American Electric Power (AEP).
Arguing that energy storage is “critical to ensuring a resilient, reliable, cost-effective and sustainable grid”, the Energy Storage Association joined with 52 other organisations to plead the place of storage in the Trump administration’s infrastructure priorities.
On-board batteries are the way of the future. Energy storage is the right approach to make energy systems on board ships more intelligent and efficient. Energy storage systems can be especially beneficial on vessels with a widely fluctuating fuel consumption profile. Nidec ASI discuss two recent projects to bring battery storage onto such vessels.
Brisbane-based renewable energy investor Lyon Group will soon start building a AU$1 billion (US$767 million) solar-plus-storage farm in South Australia – the world’s largest.
