A public consultation period has opened on plans for a vast renewable energy project including large-scale battery storage which would be used to power mining operations for Australian metals company Fortescue.
Responding to increasing demand for dispatchable renewable energy resources, GE Renewable Energy has opened a factory for ‘Renewable Hybrid’ technology solutions and equipment in Chennai, India.
Construction has started on BHP’s “first off-grid large-scale renewable energy project”, totalling 38 MW of solar power and a 10.1MW/5.4 MWh battery energy storage system (BESS), at two nickel mines in Western Australia which supply Tesla for use in electric vehicle (EV) batteries.
Two new battery projects announced this week will see mining sites in Western Australia and the South American nation of Suriname greatly reduce their dependency on fossil fuel generation.
A US company which claims its lithium-ion battery technology can be “safely installed in nearly any environment” has raised US$94.65 million in a Series C funding round.
US$100 million in financing has been secured for US community solar, battery storage and hybrid solar-plus-storage projects by developer Nexus Renewables.
LG Energy Solution will use proceeds from its initial public offering (IPO) this month to feed into growing the company’s manufacturing capacity significantly in Europe, the Americas and Asia.
A lithium-ion battery energy storage system (BESS) engineered to be installed underwater will be paired with small-scale wave energy converters in a trial supported by the US Department of Energy (DoE).
