Distributed Storage

The global battery energy storage market will grow to US$10.84 billion (AU$14.54 billion) in 2026, with around two-thirds of the demand concentrated in the Asia Pacific region.

Sydney company CST Composites is seeking to establish Australia’s first hydrogen vessel manufacturing facility, looking to secure its position in the rapidly growing industry through a joint venture with a US-based hydrogen storage tank manufacturer.

A startup incubated at the Indian Institute of Technology Kanpur has introduced ZincGel battery tech, which could offer significant savings for owners of two-wheel electric vehicles.

The CSIRO will invest $50 million in four new programs to drive critical breakthroughs in electric vehicle batteries and creating storage solution which could “mimic pumped hydro.”

Another of the five community-sized Tesla batteries the Queensland government promised to install at substations across the state is on the verge of energisation in Bundaberg.

Mineral Resources Limited along with its joint venture partners is set to double the spodumene output of its Mount Marion Lithium mine over the course of 2022 in response to enormous lithium price due to electric vehicle demand.

Australian deployment of battery storage remained steady in 2021, according to market research firm SunWiz, bringing cumulative installations to 1,089MWh.

US scientists have developed a battery that can retain 92% of its initial capacity over periods of 12 weeks, with a theoretical energy density of 260W/hour per kg. It was built with an aluminium anode and a nickel cathode, immersed in molten-salt electrolyte.

Tesla has increased the price of its Powerwall solar battery system by almost a grand, taking the total – before installation – to $13,700.

Homeowners who participate in a new Enphase pilot project will connect their home batteries to the US grid, sharing energy through Green Mountain Power’s distribution system in exchange for financial incentives.