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Australian storage gets Victorian dairy farm to 95% renewables, saving ‘at least’ $70k in bills per annum

Fourth-generation Victorian dairy farmers this week commissioned their 250kW rooftop solar system coupled with 520 kWh of battery storage from Australian company Energy Renaissance. The couple are forecast to save at least $70,000 annually with the system, cutting their grid reliance by 95% and hopefully inspiring neighbouring farms.

Big week for Neoen, Australia’s big battery daddy

French company Neoen has seen its storage revenue “more than tripled” as a result of its recently commissioned Victorian Big Battery coupled with Australia’s energy crisis. In other news, the company signed a 10 year power offtake agreement with Flow Power for its “flagship” Goyder Renewables Zone project in South Australia.

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Company behind Australia’s most advanced vanadium project embroiled in leadership fight amid shareholder activism

Australian mining technology company TNG Limited, which owns the world’s most advanced vanadium project – the Mount Peake Project in the Northern Territory, is having its leadership team formally challenged by a shareholder campaign criticising the project’s setbacks and slow progression.

NT’s first hydrogen-fuelled generator piloted by Charles Darwin University

The Northern Territory is set to install its first hydrogen energy storage system as part of a pilot being operated by the Charles Darwin University in Darwin.

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‘Game changing’ electrolysis technology from NSW closes $42m funding round oversubscribed

Australian hydrogen tech company Hysata has raised over $40 million in funding, attracting backing from major institutional players including CEFC, Hostplus and Bluescope. Hysata is seeking to commercialise a breakthrough made at the University of Wollongong which CEO Paul Barrett describes as “brand new category of electrolyser” with 95% system efficiency.

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Australia ranks 4th in ‘staggering’ global storage markets

Wood Mackenzie places Australia fourth on its list of the globe’s top 10 storage markets, coming in just behind Germany, with the US and China unsurprisingly topping the list. The analyst expects the world’s cumulative storage deployments to reach 500 GW by 2031, according to its Global Energy Storage Outlook released today.

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CSIRO steps in to provide expertise for SA natural ‘gold’ hydrogen rush

West Australian natural hydrogen startup H2EX will work with Australia’s national science agency, the CSIRO, to study natural hydrogen systems in South Australia’s Eyre Peninsula, describing the research as a “pivotal first step” for the nascent industry. Natural hydrogen proponents believe projects could deliver some of the world’s cheapest hydrogen quickly and with a minimal footprint.

‘Not actually green’: why time matching is key to becoming a hydrogen superpower

Australia is setting out to become a global hydrogen superpower – but the standards we’re applying to classify ‘green’ renewable hydrogen are falling well behind our global peers and the expectations of future customers. The heart of the problem is “we’ve separated the characteristics of energy from the energy itself,” Steve Hoy, founder and CEO of power tracing technology company Enosi, tells pv magazine Australia.

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Hornsdale big battery begins providing inertia grid services at scale in world first

South Australia’s 150 MW / 193.5 Hornsdale Power Reserve, more commonly known as the Tesla Big Battery, will now provide inertia services to Australia’s National Electricity Market after securing approval from AEMO. Neoen says it is the first big battery in the world to deliver the service at such a scale.

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‘Not valued clearly at present’: ARENA-backed study looks into how to better incentivise storage investment

Melbourne’s Monash University will conduct a $1.18 million study into alternative market designs which better support energy storage technologies and drive clearer investment signals.

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