The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

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November 13, 2023
Genex Power has brought into full commercial operation its 50MW/100MWh Bouldercombe battery project in Queensland, Australia.
March 1, 2022
Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.
February 23, 2022
Genex Power has “secured the final piece” of its project finance package for Bouldercombe Battery Project in Queensland. 
February 21, 2022
Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia. 
March 30, 2021
A pumped hydro energy storage (PHES) project at a former gold mine in Queensland, Australia which would be able to store 250MW of power for up to eight hours has raised significant funding in the past few days.
December 14, 2018
Work is underway on an energy storage project in South Australia that will use biogas to generate power to be stored in modules of molten silicon, from startup 1414 Degrees.
September 24, 2018
With a view to creating a mass market design for vanadium flow batteries, Australia’s Protean Energy will deploy a 4MWh battery energy storage project in South Korea that will be researched over eight years of operation.
June 5, 2018
Australia could be getting its first lithium-ion battery ‘Gigafactory’, with some progress made in the past few days for a facility proposed to be built in Queensland.
January 17, 2018
New Zealand’s small handful of advanced energy storage systems will be added to with the NZ$2 million (US$1.45 million) trial deployment of a grid-scale Tesla Powerpack 2 by energy generator and retailer Mercury.
May 24, 2017
An energy storage market and tech analyst has told Energy-Storage.News a decision by flow battery maker Redflow to shift focus away from the residential market signals that it is “highly unlikely” the technology can compete with lithium-ion in that space.

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