New tank design promises to significantly improve the reliability of thermal energy storage
A consortium including Australian concentrated solar thermal power company Vast Solar has filed to patent a new tank design for thermal energy storage systems. The new design, it says, substantially mitigates the risk of tank failures which have been identified as one of the key shortcomings of the economical storage technology.
SA batteries paid to charge as solar sends electricity prices negative
Batteries in South Australia have been paid to charge throughout September and October 2021 due to a record number of negative price intervals. Wholesale electricity prices were negative almost 40% of the time.
Partnership formed for molten salt long duration energy storage
Malta announced a partnership with Betchel to deploy electro-thermal energy storage systems that are capable of durations of 10-150+ hours.
Commercial returns on VPPs ‘proven’ as expanded program adds more sophisticated features
Simply Energy on Thursday announced it will be extending its Virtual Power Plant program across the eastern seaboard and opening it up to five different battery brands. Simply Energy will continue its technology partnership with SwitchDin to do so, with Ryan Wavish, Simply’s General Manager, and Andrew Mears, CEO and founder of SwitchDin, telling pv magazine Australia they plan to introduce a whole range of new, more advanced features into the VPP as the relationship between the two companies evolves.
$2.4 billion battery minerals complex granted major project status
The way has been smoothed for Australian mining company Sunrise Energy Metals to take advantage of the booming lithium-ion battery industry with the federal government awarding Major Project Status to a $2.4 billion nickel and cobalt mine being developed in New South Wales.
Engie begins construction of 150 MW big battery at Hazelwood site
The transformation of the former Hazelwood coal-fired power station in Victoria has commenced with French renewables giant Engie announcing work has begun on a 150 MW/150 MWh battery energy storage system which is being constructed at the site.
Western Australia launches $35 million ‘symphony’ of residential renewable assets
Western Australia has today announced the launch of its $35.5 million Virtual Power Plant trial, Project Symphony, which will examine the ways in which residents, utilities, and network operators can join forces to centrally orchestrate the output of rooftop solar, batteries and other distributed resources to best serve both customers and the grid at large.
C&I developers attracts backing from investment giant
Melbourne-based company Green Peak Energy has attracted the backing of one of the world’s largest investment firms, CBRE Investment Management. While deal’s details remain confidential, the Australian company, which focuses on operating renewable systems in the C&I segment and providing power purchasing agreements (PPAs), described the agreement as an endorsement of the problem it set out to solve.
Sonnen launches residential battery specifically designed for Australia, marking shift in global strategy
German company sonnen, a wholly owned subsidiary of Shell, today launched a new residential battery storage system specifically developed for Australia and New Zealand. Chief Commercial Officer of sonnenGroup and Managing Director of sonnen Australia, Nathan Dunn, told pv magazine Australia its sonnenBatterie Evo is the culmination of a new approach and may go on to inform how its future products for global markets are developed.
Grid-forming big battery breaks ground in South Australia
AGL has “broken ground” at Torrens Island power station in preparation for the construction of its 250 MW/250 MWh battery which has drawn interest for being the largest planned grid-forming battery in the world.
