Fortescue acquires Williams Advanced Engineering in drive to win race to net zero
Fortescue Future Industries has acquired Williams Advanced Engineering for $310 million as it looks to capitalise on its critical battery technology to cut emissions from its mining vehicles. An offshoot of the Williams Formula 1 Team, Williams Advanced Engineering has already helped to develop an electric mining haul truck for Fortescue in 2021.
Endua lands grant to commercialise modular hydrogen-powered energy solution
Queensland clean energy start-up Endua’s ambitious plan to manufacture modular hydrogen-powered energy generation and storage systems has been given a financial boost with the Federal Government providing the company with almost $1 million to help it commercialise the innovative technology.
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.
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.
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.
Enphase acquires ClipperCreek to enter the EV charging market
The completed acquisition of ClipperCreek launches Enphase Energy into the fast-growing market for electric vehicle charging systems.
Farmers go off-grid as 19 solar-based standalone systems installed on WA’s southern coast
Western Australia’s state-owned electricity company Horizon Power has installed 19 solar + battery standalone power systems for farmers in Esperance on the state’s southern coast.
Storing hydrogen with ‘nano-chocolates’
German scientists have developed a novel hydrogen storage method that relies on nanostructures – tiny nanoparticles made of the precious metal palladium – instead of high pressure and lower temperatures.
