Alongside unveiling of an energy storage deployment target, Victoria government announced funding for large-scale battery storage projects.

Queensland gets about 21% of its energy from renewables, but the state government has just set an increased target of 70% renewables by 2032.

Victoria, Australia, will target 6.3GW of renewable energy storage by 2035, one of the world’s most ambitious storage policy goals.

Shanghai-based WeView has raised US$56.5 million in several rounds of financing to commercialise the zinc-iron flow battery energy storage systems technology originally developed by ViZn Energy Systems.

Australian mining group BHP will use a 45MW solar, 35MW battery energy storage system from Alinta Energy to halve emissions at its WA Iron Ore port facilities at Port Headland by end-2024.

Gravity-based energy storage company Energy Vault has been issued a mandate for an initial 2GWh of its proprietary solution at net-zero industrial parks in China.

Canadian Solar has launched a utility-scale energy storage product and announced a battery manufacturing capacity target of 10GWh by end-2023, up from 2.5GWh today.

Neoen has proposed building a gigawatt-scale BESS in a region of Australia with close and continuing ties to the coal industry.

Sherif Abdelrazek from energy storage software company Storlytics on one of the major challenges still faced in the BESS space.

A large-scale sodium-sulfur (NAS) battery energy storage system made by NGK Insulators will be installed at a former LNG terminal in Japan.