While energy storage can be considered “critical” to Australia’s transformation to a distributed, low carbon energy mix, a lack of investment and planning for the technology could have negative consequences for the network.
Narada Power, which makes batteries and complete energy storage systems as well as acting as a project system integrator, is establishing a subsidiary for the recycling of lithium-ion batteries.
Australia’s Clean Energy Finance Corporation (CEFC) will help finance the country’s first “unsubsidised large-scale grid-connected battery”, co-located with a wind farm in South Australia.
An Indian state-owned energy services and energy efficiency company is set to invest in 14MWh of grid-scale storage in Canada through a joint venture (JV) with UK company EnergyPro Limited (EP).
A project demonstrating the integration of energy storage onto grid networks in Hubei, China, will see the first phase of a 10MW / 40MWh project built by Pu Neng, a vanadium flow battery manufacturer.
ZEN Energy’s newly appointed chairman has said he believes there is a “great future for energy-intensive industries in Australia,” as his company approved a 1GW plan for dispatchable renewables aimed at South Australia’s commercial and industrial sector.
Having been subject to discussion for years within the academic sphere, energy storage projects have become a topic of high interest to energy sector focused investors in recent years. Philipp Lobnig of E-nable+, an online platform connecting energy projects with investors, offers his views on the key questions these investors should be asking.
Energy storage investors in Britain will need to have their projects in the ground by June next year at the latest if they are to take advantage of the lucrative new ancillary services market set to be implemented by National Grid, according to Sungrow’s European managing director.
Automation and engineering group ABB has signed on to become a supplier to a planned European lithium-ion battery ‘Gigafactory’ for Swedish start-up Northvolt.
Officials from 56 Muslim-majority nations have come together to pledge new climate-related technology goals that included promoting microgrids, energy storage and renewable energy targets.
