Frontier Energy will pursue alternative funding solutions after missing out on Reserve Capacity Credits (RCCs) from the AEMO for its 360MWh Waroona Renewable Energy Hub in Western Australia.
Eku Energy has begun its first battery storage project in Japan, while Gore Street Capital has raised funding for the country’s first energy storage-dedicated fund.
KEPCO, South Korea’s biggest electric utility, has welcomed the start of commercial operations at a portfolio of large-scale battery energy storage system (BESS) assets.
Philippines President Ferdinand ‘Bong Bong’ Marcos Jr has attended the inauguration of the country’s first lithium iron phosphate (LFP) battery factory.
Vanadium redox flow battery (VRFB) manufacturer VRB Energy intends to build two factories in China through a joint venture (JV) and one in the US through a new subsidiary.
The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).
Pacific Green Technologies has applied for approval under the Environment Protection and Biodiversity Conservation (EPBC) Act, for its 1GW/2.5GWh Portland BESS in Victoria, Australia.
Sungrow has agreed to supply battery energy storage system (BESS) technology to a large-scale project in Malaysia, one of Southeast Asia’s biggest projects of its type.