Australian startup Green Gravity has secured AU$9 million in Series A capital funding to complete product development of its gravity-based energy storage technology.
Solutions provider nVent on the industry’s increasing demand for energy storage systems with smarter design and technology to deliver a smaller footprint.
Swedish-based developer OX2 has acquired a proposed 1GW onshore wind farm in Western Australia, which includes plans for a 100MW co-located battery energy storage system (BESS).
On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.
Australian utility Origin Energy is set to focus on energy storage and renewable energy generation, announcing last week it will exit the hydrogen market.
