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).

The first batteries have been installed at state-owned Synergy’s 500MW/2,000MWh Collie battery energy storage system (BESS) in Western Australia.

On Friday (4 October), the US Department of Energy (DOE) announced Australia as an international collaborator on its Long Duration Storage Shot initiative.

Queensland’s Stanwell Corporation seeks to add 5GWh of energy storage to its resource mix through two new deals.

Australian utility Origin Energy is set to focus on energy storage and renewable energy generation, announcing last week it will exit the hydrogen market.

The 360MW Mortlake solar-plus-storage project in Victoria, Australia, has been granted development consent by the state government.

Flow Power’s chief operating officer, Byron Serjeantson, believes solar-plus-storage projects represent an upcoming trend in Australia’s PPA market.

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.

The Australian government’s Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to “dominate” stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage (LDES).