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New South Wales: AU$7 million for pumped hydro, first grid-scale BESS is delivering inertia
December 20, 2022
New South Wales has pledged financial support to pumped hydro project, while state’s first grid-scale BESS is in full commercial operations.
Southeast Asia’s emerging energy storage opportunities
December 20, 2022
Uptick in energy storage investment in region still largely powered by coal, experiencing population and energy demand growth.
ARENA pledges funding support to 4.2GWh of battery storage across Australia
December 19, 2022
Eight large-scale BESS projects in Australia have been selected to receive funding support worth AU$176 million.
New Zealand energy generator-retailer Meridian proceeds with 100MW/200MWh BESS project
December 15, 2022
New Zealand state-owned energy company Meridian Energy has committed to a 100MW battery storage project with BESS to be provided by Saft.
Amazon to use Moxion mobile BESS units to power TV and movie productions
December 15, 2022
Amazon Studios has begun swapping out diesel generators for mobile BESS equipment at sets for its TV and film productions in the US.
RWE plans UK hybrid solar, battery project adjacent to onshore wind power plant
December 15, 2022
RWE has unveiled plans for an up to 600MW solar development on land in in northern England.
ROUNDUP: KEPCO flow batteries, Key Capture Energy launches bidding tool, Maryland BESS pilots
December 14, 2022
Another serving of news in brief from around the world in energy storage.
Element Energy closes Series B following 2.5GWh second life EV battery procurement
December 14, 2022
California-based firm Element Energy has raised a US$28 million Series B to accelerate its proprietary BMS-enhanced second life energy storage solution, with 2.5GWh of modules secured already.
Fluence expects EBITDA breakeven in 2024, angles for IRA incentives with product strategy
December 14, 2022
Fluence said the company is on track to grow revenues by almost a third on “multi-year” basis, leading to breakeven EBITDA in 2024.
GE Renewable Energy installs first turbines at 1.2GW China pumped hydro plant
December 14, 2022
The hydropower subsidiary of General Electric’s renewables business has installed first pair of 300MW turbines at pumped hydro site in China.
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