With nearly half of global emissions coming from heat processes, clean long duration energy storage (LDES) which can store thermal energy are crucial for decarbonisation, says a new LDES Council report.
Construction has begun on battery storage project to demonstrate advanced inverter technology, in historic mining region of Broken Hill, New South Wales.
Spain-based energy conversion equipment specialist Ingeteam has commissioned a 10MW/20MWh battery energy storage system at an existing wind farm in Australia.
The Solar Energy Corporation of India (SECI) is seeking proposals for non-battery energy storage projects to supplement renewable energy generation, and will cover up to 100% of project costs.
Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major vanadium projects have progressed.