Distributed Storage

ASX-listed company Vulcan Energy announced a $76 million equity investment from one of the globe’s top five automakers, Stellantis, which owns brands like Peugeot, Citroen, Fiat, Chrysler and Opel. The deal, Vulcan managing director Francis Wedin told pv magazine Australia is one of number in the works as the European market clambers to secure not just lithium, but sustainably produced lithium, from the Aussie company. Wedin explains precisely how the company’s novel lithium extraction method works and why it finally affords properly green credentials a vital battery resource.

Researchers from the Indian Institute of Science, Bangalore, have found that nanoscopic refractory metal layers like tungsten could improve dendrite growth tolerance in electrolytes of solid-state Li-ion batteries. The team collaborated with researchers from Carnegie Mellon University.

South Australia’s Flinders University has installed 20 vehicle-to-grid (V2G) chargers to fully utilise the battery capacity of its growing electric vehicle fleet. It plans to use the distributed EV fleet to supply power to the campus grid in the evening. The initiative is supported by $350,000 (USD 220,000) of funding from the state government.

Australia’s small-scale solar and battery energy storage installation rate has remained robust in the face of a number of challenges. By virtue of this resilience, it is adding jobs and contributing the country’s decarbonisation, reports Nikhil Jayaraj, the Managing Director of Regen Power.  

New small-capacity solar power plants are being developed in Ukraine to avoid blackouts, which is helping businesses to stay afloat amid dire economic conditions.

Alsym will produce its new batteries – made of readily available materials, without lithium or cobalt – for electric vehicles, stationary storage, and marine applications.

After a bumpy start, the Victorian government’s Solar Homes Program is now in full swing, lead by strong uptake in Melbourne’s suburbs and the state’s rural north. Meanwhile, demand for batteries linked to rooftop solar has skyrocketed over the last month, spurred by the energy crisis and an especially cold winter.

A couple of weeks ago, Goldman Sachs sent shockwaves through battery metals markets, issuing a prediction that cobalt and lithium in particular were due for a sharp price decline in the next two years. But London-based Benchmark Mineral Intelligence is loudly pushing back, outlining its reasons why it believes the call on lithium was wrong. Meanwhile, US analyst Wood Mackenzie says that the battery raw material chain will remain tight, but notes that recycling could help to ease the supply deficit.

Western Australia’s regional utility Western Power has confirmed plans to install another 4,000 standalone power systems across the state in the next 10 years after reaching a milestone in the rollout of the renewable energy units.

UK scientists have compared the performance of lithium-ion storage systems and vanadium redox flow batteries for a modeled 636 kW commercial PV system in southern California. They have found that both technologies, coupled with an oversized PV array, could achieve a levelised cost of electricity of less than US$0.22/kWh (AU$0.32/kWh), while offering a self-sufficiency ratio of 0.95.