Australian renewables and storage developer Genex Power has switched on its first battery storage project and entered a joint development agreement (JDA) with Japan’s J-Power.
Australia’s government has made a AU$100 million (US$66.35 million) investment into the Waratah Super Battery, part of a total AU$500 million capital raise by the project’s developer.
Energy storage can enable decarbonisation of economies around the world and Asia-Pacific is no exception. Hendrik Bohne of Aquila Capital looks at the examples of two leading examples in the region.
Australian Vanadium, targeting vertically integrated involvement in the flow battery market, has received the first payment from a government grant to support its manufacturing plans.
