Allegro Energy, an Australian-based developer of water-based redox flow battery energy storage solutions, has attracted AU$17.5 million (US$11.67 million) in Series A funding from investors including Origin Energy, Melt Ventures and Impact Ventures.
Australian network company Ausgrid has launched a new energy storage-as-a-service (ESaaS) offering alongside Origin Energy and EnergyAustralia whilst launching its ninth community battery energy storage system (BESS) in Bondi, the eastern suburb of Sydney, New South Wales.
The Australian state of Victoria has been given a “taste of what’s possible” with the launch of utility Origin Energy’s first virtual power plant (VPP) project to date.