Energy storage can make a “positive contribution everywhere” in Southeast Asia, but the industry needs to be proactive in helping market regulators to understand the best ways to facilitate its role in their energy systems.
Authorities in South Australia will consider granting approval for two battery storage projects that will connect to the National Electricity Market (NEM), each adding more than 200MW power output.
Infrastructure service provider Lumea has opened up a process to tender for a 300MW grid-connected battery project near Melbourne, Australia, intending to build the project without government funding.
The state government of Queensland, Australia, has committed to a AU$14 million (US$10.5 million) project to refurbish and modernise a 570MW pumped storage hydroelectric plant.
Thailand-headquartered renewable energy group BCPG will invest US$24 million into vanadium redox flow battery (VRFB) manufacturer VRB Energy, aimed at accelerating VRB’s utility-scale VRFB business.
Amazon has invested in India-headquartered battery management software and electronics specialist ION Energy through its US$2 billion fund to support companies with promising sustainability technologies.
NTPC, an independent power producer (IPP) in India with over 65GW of power plants across the country wants to install 1,000MWh of energy storage at its existing generation facilities.
Growth in renewables and corresponding market pricing is the key driver for the commercialisation and global adoption for vanadium flow batteries (VFBs) and an important reason why we will see further growth for this technology over the years to come, says Ed Porter of Invinity Energy Systems.
A remote town in Western Australia went fossil fuel-free for more than an hour, using a combination of solar power and battery storage and the project could be replicated by other isolated communities, the software provider behind it has said.
Vanadium redox flow batteries (VRFB) could be integrated into a green hydrogen production technology through a collaboration between Australian resources company TNG and Malaysian renewable energy consultancy AGV Energy.
