More than AU$1 billion (US$0.65 billion) of financial commitments to large-scale battery energy storage system (BESS) projects were made in Australia in the second quarter of this year.
The early numbers on the benefits of the Energy Superhub Oxford’s combination of lithium-ion and vanadium flow batteries are “encouraging”, project owner EDF Renewables told Energy-Storage.news in an interview one year one from its launch.
The world’s largest combined lithium-vanadium battery energy storage system (BESS), the Energy Superhub Oxford (ESO), will soon start fully trading in the UK’s electricity market, showcasing the potential of hybrid assets.
Wärtsilä has been awarded a contract to deploy a battery storage system at a gold mine in Australia, marking the company’s first ESS project in the country.
Singapore-headquartered microgrid company Canopy Power has partnered with Total Solar Distributed Generation (DG) to build a hybrid project for a remote resort island in Cambodia that includes 2MWh of battery storage.