Governor Doug Ducey of Arizona expressed delight yesterday as lithium-ion battery and stationary storage system manufacturer KORE Power selected his state for the location of a new gigafactory.
Australia’s federal government has committed millions of dollars in grants to companies involved in lithium battery and vanadium redox flow battery value chains, as part of a wider pledge to support resources and critical minerals sectors in the country.
Stubbo Solar Farm and Battery, a project under development in New South Wales (NSW), Australia, which would pair 400MW of solar with 200MW / 200MWh of battery energy storage, has taken a step closer to going ahead.
The cost of long-duration, grid-scale energy storage should be reduced 90% within this decade in order to accommodate the “hundreds of gigawatts of clean energy” needed, US Secretary of Energy Jennifer Granholm said yesterday.
Energy storage can make a “positive contribution everywhere” in Southeast Asia, but the industry needs to be proactive in helping market regulators to understand the best ways to facilitate its role in their energy systems.
Authorities in South Australia will consider granting approval for two battery storage projects that will connect to the National Electricity Market (NEM), each adding more than 200MW power output.
Lack of industrial policy and strategy and vulnerability to supply chain disruption are among the key things holding back the US’ position in global battery manufacturing.
Details of the UK government’s upcoming long duration energy storage innovation competition have been revealed, with an event to provide application support this month.
