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Energy Storage

Indian battery cell production scheme gets bids for 130 GWh

India’s production-linked incentive scheme for advance-chemistry battery cell production has received bids for 2.6 times more than the 50 GWh of manufacturing capacity it plans to allocate.

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Neoen starts work on its ‘most ambitious project’

French renewables developer Neoen has started early works on its Goyder Renewables Zone, just north of Adelaide in South Australia. When completed, the project is likely to be the country’s largest wind, solar and battery storage project.

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GEV launches development strategy for proposed 2.8 GW green hydrogen project

Western Australian renewables company Global Energy Ventures is steaming ahead with its plan to establish a massive 2.8 GW green hydrogen production and export facility on the Tiwi Islands off the coast of the Northern Territory, announcing it has already commenced the development program.

Japanese consortium builds lithium-air battery with energy density of 500 Wh/kg

A Japanese group has developed a storage system with potential applications in residential storage, electric vehicles, drones and Internet-of-Things devices.

Improving compressed air energy storage efficiency via chemical reactions

Scientists in the United States have proposed to use a thermochemical energy storage (TCES) technique that stores energy in chemical bonds to recover the heat produced during air compression operations. According to them, this innovation may increase the round-trip efficiency of compressed air energy storage to 60%.

US scientists explore how to compensate battery owners for grid value

Current price signals to distributed battery owners “do not align with grid value,” says a study from the Lawrence Berkeley Laboratory.

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.

Woodside submits plan for 500MW of PV and 400MWh of battery storage in the Pilbara

Oil and gas giant Woodside Energy has submitted the proposal for its 500MW Solar Facility to the Western Australian Environmental Protection Authority. The proposal sees Woodside looking to install up to one million solar panels to help power industrial customers in the region, including its own Pluto LNG export facility.

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Goldman Sachs invests $250 million in Hydrostor to advance compressed air energy storage projects

The investment is planned to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.

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