Equis Australia and the State Electricity Commission have secured AU$400 million in financing for their Melbourne Renewable Energy Hub (MREH) battery storage project.
A large-scale battery storage facility providing ancillary services to the grid has gone into commercial operation at the site of a hydroelectric power plant in the Philippines.
The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero.
Origin Energy will invest around AU$400 million (US$263.7 million) in a battery storage project at the site of one of its gas power plants in the state of Victoria.
A new grid-scale battery storage development platform has launched in Australia with Oliver Yates, former CEO of the Clean Energy Finance Corporation (CEFC), as its chairman.
The government of Queensland, Australia, will invest in 48MW/96MWh of distributed battery storage and trial the use of flow batteries to integrate rooftop PV generation into local networks.
An official opening took place this morning for the new vanadium flow battery electrolyte factory in Western Australia build by Australian Vanadium (AVL).
