Frontier Energy will pursue alternative funding solutions after missing out on Reserve Capacity Credits (RCCs) from the AEMO for its 360MWh Waroona Renewable Energy Hub in Western Australia.
The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).
Pacific Green Technologies has applied for approval under the Environment Protection and Biodiversity Conservation (EPBC) Act, for its 1GW/2.5GWh Portland BESS in Victoria, Australia.
Australian investment bank Macquarie Asset Management (MAM) has agreed to acquire a significant minority stake in US independent power producer D.E. Shaw Renewable Investments (DESRI) in a deal worth up to US$1.73 billion.
PV module manufacturer Trina Solar has submitted a planning application for a 660MW/2,640MWh battery energy storage system (BESS) in Wellesley, in the Shire of Harvey, Western Australia.
Saft, a subsidiary of French energy giant TotalEnergies, will provide Genesis Energy in New Zealand with a 100MW/200MWh utility-scale battery energy storage system (BESS).
Energy Plug Technologies and the Malahat Nation have confirmed that construction has started on Canada’s first indigenous-led energy storage gigafactory in Mill Bay, British Columbia.
Indian battery manufacturer Delectrick Systems has launched a new 10MWh vanadium flow battery-based energy storage system (ESS) to support large-scale and utility-scale projects.
EDP Renewables North America (EDPR NA) has secured a long-term contract with Dominion Energy to develop an 85MW/340MWh battery energy storage system (BESS) in Virginia, US.
Utility Golden Valley Electric Association (GVEA) is to receive US$206 million from the US Department of Agriculture’s Empowering Rural America (New ERA) programme to help develop three projects, including a 46MW/92MWh BESS in Fairbanks, Alaska.
