Energy storage system integrators are diversifying their procurement strategies to ease supply chain constraints.

Hybrid projects in Australia have enabled a gold mine and a remote township to run at 50% or more average penetration of renewable energy. 

Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.

Liam Stoker and Andy Colthorpe return for the February 2022 episode of the Solar Media Podcast.

Analyst Oliver Forsyth from IHS Markit explains exactly how things are changing in BESS system integration.

Fluence’s artificial intelligence-driven bidding platform will optimise large-scale wind and solar assets in Australia for Telstra Energy. 

Standalone storage, demand from commercial and industrial (C&I) customers and new types of grid services will increasingly help drive growth in energy storage in the coming years, but the future mix between battery-based and alternative storage types is still unclear.

Genex Power has “secured the final piece” of its project finance package for Bouldercombe Battery Project in Queensland. 

Guidehouse Insights says that the annual power capacity deployments of battery-based residential energy storage systems (RESS) are expected to grow at a CAGR of 21.3% from 2021 to 2030 globally.