Australia’s national Clean Energy Finance Corporation (CEFC) has said it will commit AU$50 million (US$34.14 million) to help fund expansion of landmark Hornsdale battery project in South Australia.
GCL System Integration (GCL SI) has created a joint venture to expand its energy storage business in the Asia-Pacific region with US-Based energy storage technology provider Powin Energy.
Power shut-offs affecting millions in California, enacted by utilities Pacific Gas and Electric (PG&E) and Southern California Edison to prevent wildfires and their spreading, are a “draconian” measure and don’t address the real problems, SimpliPhi Power CEO Catherine Von Burg has said.
Hans Eric Melin, managing director of lifecycle management consultancy Circular Energy Storage, provides a detailed list of the most valuable lessons the energy storage industry should be taking into account about end of life.
Lithium-ion waste from a solar lantern scheme run by oil & gas major Total in Kenya will be recycled into new batteries for solar home systems by start-up Aceleron.
While recycling of lithium and other materials such as cobalt from batteries will greatly increase in the coming years, the potential availability of second life batteries should not be underestimated, according to new research and data.
By the middle of the 2020s, using hybrid ‘portfolios’ of batteries and renewable energy sources will economically outperform existing gas power plants, while the combination of technologies is already cost-competitive with building new gas plants, a new report from the US-based Rocky Mountain Institute has said.
Australia’s strong and ongoing potential for energy storage paired with solar PV has seen international and domestically-headquartered companies race to gain market share.
