Subsidies will be available to residents of South Australia who want to purchase home battery systems from next month, while Sonnen looks set to open up a manufacturing and shipping centre in the state.
Macquarie Capital Korea, a subsidiary of investment firm Macquarie Group, has signed a memorandum of understanding (MoU) with the county office of Goesan in South Korea to finance a significant solar-plus-storage project, while it has also invested in what is said to be the largest energy storage project base in the country.
The Australian state of Victoria has been given a “taste of what’s possible” with the launch of utility Origin Energy’s first virtual power plant (VPP) project to date.
Using energy storage – and often renewables – could see mines, cement companies, data centres and other large industrial operations in emerging markets reduce their electricity costs drastically, the CEO of Greensmith has said.
Virtual power plants, flow batteries and the economics of lithium-ion battery degradation are the focus of three feature-length articles, available now in the latest edition of Solar Media’s quarterly journal PV Tech Power.
Minister for Energy Dr Megan Woods attended an event to officially inaugurate the first grid-scale battery energy storage system in New Zealand, hosted by energy retailer and project owner Mercury Energy.
There are very different drivers for deploying energy storage in the four provinces of China that announced significant capacities of projects this year, the China Energy Storage Alliance (CNESA) has said.
Three more vast projects pairing battery energy storage with utility-scale renewable energy installations are in the pipeline in New South Wales, Australia, through developer CWP Renewables.
Energy storage projects were under construction across four provinces of China, amounting to 340.5MW of new capacity during the first half of this year in the country, according to the China Energy Storage Alliance (CNESA).
Recent moves in California to develop large-scale energy storage with four hours’ storage duration are just the beginning of a move towards using batteries as a capacity resource, the president of flow battery company CellCube has said.
