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Green hydrogen could disrupt global trade, bilateral energy relations

While there are still many uncertainties as to the way in which hydrogen trade might evolve and change economic ties and political dynamics between countries, experts agree that green hydrogen can bring winds of change to the global energy arena. According to the International Renewable Energy Agency, significant geoeconomic and geopolitical shifts are just around the corner.

Sunman opens 1GW lightweight PV module factory

Sunman Energy claims the new factory, located in Yangzhong City in China’s Jiangsu province, is the world’s largest production facility for lightweight photovoltaics.

Utility scale ocean battery, a bedfellow for floating PV

A new underwater battery storage technology is coming from Netherlands-based Ocean Grazer to address the issue of offshore long-duration storage. The company’s Ocean Battery is touted as innovative yet simple, based on existing technology, and capable of enhancing marine life along the way.

LG Energy Solution IPO attracts $110 billion in bids

LG Chem’s energy storage and battery division’s US$10.7 billion (AU$14.8 billion) initial public offering received a staggering response from institutional investors, Reuters has reported.

Korea Zinc invests in gravity storage developer Energy Vault

Korea Zinc, non-ferrous metal smelting company, has agreed to invest $50 million in Energy Vault, a Switzerland-based gravity storage specialist, in order to use its tech to decarbonise its refining and smelting operations in Australia.

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Philippines’ San Miguel Corp to start operation of 690MW of batteries

Filipino conglomerate San Miguel Corp aims to complete 1GW of battery storage projects this year to make way for the integration of some 3GW of intermittent renewable energy generation.

Reliance Industries to acquire sodium-ion battery provider Faradion

Reliance Industries said its solar unit will buy UK-based sodium-ion battery technology provider Faradion for GBP100 million (AUD$187 million) including debt, as the Indian conglomerate pushes forward with its ambitious plan to move into the renewable energy industry.

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ARENA pours funding into advanced inverter capability batteries

The Australian Renewable Energy Agency has announced a $100 million competitive funding round for grid scale batteries. While battery technology agnostic, the projects must be equipped with advanced inverter technology.

Carbon-air batteries vs hydrogen storage

Researchers from Tokyo Tech have developed an alternative to hydrogen energy storage which is smaller in size and more efficient. The system utilises carbon as an energy source and demonstrates superior power density and charge-discharge efficiency of 38% over 10 cycles.

Distributed and large-scale renewables improve reliability outlook for Australia’s main grid

The reliability of Australia’s power supply has improved driven by the addition of new solar and wind capacity, making summer blackouts less likely, the Australian Energy Market Operator finds in its latest report. In light of the aging coal fleet and scheduled plant closures, timely commissioning of new generation, storage and transmission investment will be critical.

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