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.
Start-up unveils solar thermal panel for large-scale applications
The panel has an absorption area of 1.96 m2 and a weight of 27 kg per square metre. According to the manufacturer – Swiss start-up TVP Solar – it may be a real booster for thermal output, by combining it with photovoltaics and heat pumps to provide enhanced output per square meter, in particular for low-temperature applications such as district heating.
‘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.
JinkoSolar unveils battery system for Australian residential market
Having established a strong foothold in the Australian market with its solar PV panels, Chinese manufacturer JinkoSolar is now seeking to expand its influence in the energy storage space with the launch of its modular Suntank home battery storage system.
India will have 125 GWh of lithium batteries ready for recycling by 2030
India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.
Sodium-ion batteries for EVs, renewables storage
US scientist have developed a new electrolyte design for sodium-ion batteries to improve their long cycling performance. The low-solvation electrolyte was designed for high-voltage sodium-ion batteries, which retained 90% of their capacity after 300 cycles.
Tesla reveals surging Powerwall numbers as it gears up to double EV sales
Tesla chair Robyn Denholm expects the company to double its EV sales in Australia by the year’s end, hoping to see its flagship product catch up to its Powerwall sales. Denholm also said Australia needs to expand its lithium refining and processing capacity at “sprinting pace” to properly capture the global battery opportunity.
Victorian Opposition unveils residential solar and storage strategy
Victorian Opposition Leader Matthew Guy has vowed to “turbo-charge renewables”, promising at least one million additional Victorian homes would have solar PV and battery energy storage systems installed by 2035 if the Coalition is voted in at the November state election.
First cathode precursor plant opens in WA university in move to capture battery value chain
As Australia seeks to move beyond its global quarry status, the country’s first Cathode Precursor Production Pilot Plant launched on Monday in Western Australia’s Curtin University.
PEM electrolysis coupled with thermal energy storage
Chinese researchers claim to have improved the performance of a proton exchange membrane electrolyser by connecting it to a thermal energy storage system.
