Australia’s first new large-scale pumped hydro energy storage (PHES) plant in nearly 40 years is being built in Queensland and the state’s government is now exploring options for more.
Quidnet Energy, a provider of a novel geomechanical pumped storage (GPS) technology, has struck a 15-year commercial agreement with Texas utility CPS Energy to supply an initial 10MWh system.
China is targeting a non-hydro energy storage installed capacity of 30GW by 2025 and grew its battery production output for energy storage by 146% last year, state media has said.
