Australia’s biggest utility company looks set to be in ownership of the country’s biggest battery storage facility.

Australia’s Prime Minister Scott Morrison has announced financial support for four technology sector manufacturing projects, including a vanadium processing plant.

Australian pension fund Hostplus will invest in a JV to build a 1.5GW renewable energy park.

Fluence’s software will be used at the first battery storage project in Australia by Spain’s Gransolar Group. 

Construction will commence in New Zealand on the country’s biggest battery energy storage system (BESS) project so far, in July.

Origin Energy has outlined how a virtual power plant (VPP) and large-scale battery storage will allow it to replace coal.

The community of the Daintree Rainforest region in Queensland, Australia, will host a “world-leading renewable microgrid”.

Hybrid projects in Australia have enabled a gold mine and a remote township to run at 50% or more average penetration of renewable energy. 

Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.