An agreement to support the manufacture and sale of vanadium flow batteries has been struck between Australian Vanadium and Enerox, which makes and markets systems under its CellCube brand.
Thousands of residents of social housing in Adelaide, South Australia, will get Tesla PV panels and battery storage in their homes if they join a virtual power plant (VPP) project run by the state.
The Australian Capital Territory (ACT) has awarded 200MW of renewable energy capacity in a reverse auction, while the state government has emphasised the significant role large-scale batteries that were also handed contracts will play in the region’s transition to cleaner energy.
Invinity Energy Systems, supplier of a grid-scale vanadium flow battery being installed at a site in the UK will rent the battery’s electrolyte out to the investor developing the project, thereby helping lower the upfront cost of getting the system deployed.
Reports into the performance of two large-scale battery energy storage systems (BESS) in the Australian state of Victoria have been published, showing that both performed as expected, or better, in 12 months of operation.
Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, including a jump in revenues from its energy storage business segment.
The largest battery storage project to be owned by a local government authority in the UK, the 30MW Fideoak project, required a novel software solution to ensure that the best return and maximum impact could be made with public money invested, as Thomas Jennings of Kiwi Power explains.
The head of the Smart PV division of Chinese technology giant Huawei has said that the high end residential energy storage market will be the company’s entry point into a technology that helps integrate solar to the grid.
One of two dedicated energy storage investment funds listed on the London Stock Exchange has seen its Net Asset Value (NAV) per share fall slightly as a result of COVID-19 but remains optimistic for its performance over the year.
Guidelines for lithium-ion battery storage system decommissioning and recycling have been launched in the US by the national Energy Storage Association, while associations in European Union territories as well as the US have come together to launch an online information portal on the safe transportation.