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.
Construction has started at the 600MW/1,600MWh Melbourne Renewable Energy Hub (MREH), one of the largest energy storage projects in Victoria, Australia.
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.
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.
After Redflow entered administration, Energy-Storage.news Premium speaks to Richard Hughes of Deloitte, appointed to evaluate the flow battery manufacturer’s options.
Today (29 August), the Victoria government announced it has streamlined the planning process to deliver the state’s “largest” battery energy storage system (BESS), ACEnergy’s 350MW/700MWh Joel Joel project.
The administrators appointed to handle the affairs of Australian flow battery manufacturer Redflow have already received interest from prospective buyers and investors.