Allegro Energy, an Australian-based developer of water-based redox flow battery energy storage solutions, has attracted AU$17.5 million (US$11.67 million) in Series A funding from investors including Origin Energy, Melt Ventures and Impact Ventures.
Home battery storage aggregation projects have launched with participation of Tokyo Electric Power Co, and Tokyo Gas, two major utility companies in the Japanese capital.
Construction has started at the 600MW/1,600MWh Melbourne Renewable Energy Hub (MREH), one of the largest energy storage projects in Victoria, Australia.
Energy storage system integration is complex and current approaches can often limit collaboration and flexibility, writes Leon Gosh, managing director of Cellect.
The Clean Energy Council (CEC) of Australia has revealed that six large-scale energy storage projects totalling 573MW/2,047MWh reached financial commitment in the second quarter of 2024.
Indian multinational conglomerate Reliance Industries is on track to open solar and battery storage production facilities by the end of this year and next, respectively.
Energisation has begun at Waratah Super Battery, the energy storage project contracted as a ‘giant shock absorber’ for the grid in New South Wales, Australia.
