China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.
A new three-year project allowing residential solar and batteries to trade electricity and grid services in Victoria, Australia, is aimed at creating a replicable model marketplace that could be widely expanded across the country.
Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.
The Australian government-backed Clean Energy Finance Corporation (CEFC) has committed AU$125 million (US$92.12 million) to help build grid infrastructure for a 2GW pumped hydro project with 175 hours of storage duration.
Policymakers for New South Wales in Australia have been debating a bill to co-ordinate investment in the state’s electricity infrastructure that includes 2GW of long-duration energy storage and AU$50 million (US$36.71 million) support for green hydrogen over 10 years.
Australian utility AGL has furthered its plans to develop 850MW of large-scale battery storage across a number of sites in the country, announcing a new project in Victoria.
The Australian state of Victoria has doubled down on its rooftop solar and home battery subsidy programme as part of a drive to help households cover the cost of their power bills while making properties more energy efficient.
Although lithium-ion is currently the market leading battery technology in energy storage, this status cannot be guaranteed in perpetuity. Three leading figures from the lithium-ion battery industry give Andy Colthorpe their views on how the technology can continue to prosper.
Two UK-based firms, energy supplier OVO Energy and integrated home battery storage provider Social Energy, have expanded into international markets in Spain and in Australia respectively.
