Spain-based energy conversion equipment specialist Ingeteam has commissioned a 10MW/20MWh battery energy storage system at an existing wind farm in Australia.

Neoen has reported a 46% increase in revenues for the first nine months of 2022 versus the same period last year.

Japanese petroleum firm Idemitsu has invested in a vanadium mining, processing and electrolyte production project in Australia, while two other major vanadium projects have progressed.

Gravity energy storage company Energy Vault’s battery storage division has been contracted to work on a 250MW two-hour duration project at a solar PV plant in Victoria, Australia.

Australia’s budget includes nearly AU$25 billion for clean energy to ease cost of living pressures as well as help fight climate change.

Australia is developing a National Critical Minerals Strategy, including materials for batteries and other clean energy technologies.

Maoneng Group has received equity investment to fast track some of Australia’s biggest battery storage projects.

Australia’s government has put its support behind two major transmission projects which will increase the utilisation of renewable energy.

Akaysha Energy has been selected for the Waratah Super Battery project in New South Wales, with Powin Energy as key equipment supplier.

Development of battery systems to help integrate renewables and boost grid reliability continues to pick up pace in New South Wales.