A wind farm with co-located battery storage, in development by UK-headquartered multinational renewables developer and EPC provider RES Group, is to go ahead in Australia.

By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.

Singapore has targeted 200MW of energy storage beyond 2025 and 2GW of solar by 2030, but will continue to rely on natural gas for the next 50 years.

Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.

Solar Media’s Liam Stoker and Andy Colthorpe are back for episode three of the Solar Media Podcast after what’s been a bumper month for energy storage.

Advanced battery technology company Saft has executed its first projects in Australia, installing around 2MWh of battery energy storage systems (BESS) at 13 sites in Queensland.

The rapid acceleration in energy storage deployment expected over the coming years will require innovation in the quality and safety standards underpinning new battery and associated technologies. VDE’s Jan Geder looks at the technical work underway to ensure the coming storage boom has firm bankability and insurability foundations.

The Nobel Foundation recognised not only the role of lightweight, portable battery technology for mobile phones, laptops and latterly electric vehicles, but also that it “can also store significant amounts of energy from solar and wind power, making possible a fossil fuel-free society”.

KORE Lithium Technologies Inc (KORE Power), a US headquartered manufacturer of nickel manganese cobalt (NMC) battery racks for the utility-scale stationary energy storage market, has retained renewable energy investor CohnReznick Capital as its Investment Bank of Record.

Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.