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.
India’s government has agreed on a financing package that includes INR45 billion (US$603 million) of investment over five years to support the domestic development of high-efficiency PV modules.
Maxine Ghavi, head of grid edge solutions at Hitachi ABB Power Grids speaks to Energy-Storage.news about the role of battery storage in the global energy transition.
After a series of large-scale battery announcements in Australia from Federal and state governments, utility company AGL has followed up by saying it plans to build a battery system in South Australia with up to 1,000MWh of capacity.
Saft has opened its third manufacturing site for energy storage systems (ESS) in Zuhai, China, adding to two existing “strategic hub” facilities in Bordeaux, France and in Jacksonville in the US.
