Australian startup Green Gravity has secured AU$9 million in Series A capital funding to complete product development of its gravity-based energy storage technology.
Swedish-based developer OX2 has acquired a proposed 1GW onshore wind farm in Western Australia, which includes plans for a 100MW co-located battery energy storage system (BESS).
Form Energy, the US startup behind a battery technology that aims to cost-effectively provide 100-hour duration energy storage, has closed a Series F funding round.
On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.
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.