While recycling of lithium and other materials such as cobalt from batteries will greatly increase in the coming years, the potential availability of second life batteries should not be underestimated, according to new research and data.
Large-scale solar farm developer Maoneng Energy said it is expanding its battery energy storage portfolio in Australia, after signing a deal for 400MWh of projects with major utility company AGL.
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.
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.
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.
Distributed renewables and energy storage are now the cheapest form of baseload power and if Western Australia’s remote areas can benefit from that, we can all benefit, argues David Martin, founder of energy trading platform provider Power Ledger.
