Utility Zen Energy has acquired a large-scale 2.5 hour battery storage project from developer and IPP RES in Australia, expected to be online by the end of next year.
The Premier of Queensland announced a major transmission line project to unlock 6GW of renewable energy, enabling the Australian state to create a homegrown clean energy value chain.
Singapore-based VFlowTech has raised a US$10 million Series A to set up a manufacturing facility and scale up production of its 250kWh vanadium flow battery product.
Government-backed energy storage announcements continue to roll out of Queensland, with the Australian state set to begin a ‘Neighbourhood Battery’ programme.