A community-owned battery energy storage system (BESS) in Australia could earn up to AU$250,000 per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.
Whitehaven Energy, a subsidiary of coal producer Whitehaven Coal and renewable energy generator and retailer Pacific Blue, landed key milestones in developing solar-plus-storage projects in Australia last week.
Global decarbonisation targets are impossible without increasing the pace of long-duration energy storage (LDES) adoption 50 times over by 2040, according to the LDES Council.
Renewable energy developer and retail utility ZEN Energy has partnered with HD Renewable Energy (HDRE) to focus on developing energy storage and green hydrogen projects in Australia, Taiwan, and potentially Japan.
Strata Clean Energy has signed another tolling agreement with utility Arizona Public Service (APS) for a large-scale standalone battery energy storage system (BESS) project.
Clearway Energy has withdrawn three hybrid solar and storage projects from Hawaiian Electric Co’s (HECO’s) latest renewable energy procurement, citing the investor-owned utility’s (IOU’s) “ongoing financial uncertainty”.
Progress on another US Department of Energy (DOE) loan for the battery sector has been announced, this time by NeoVolta, the third in the space of a week since the US election.