Solar payback periods worsened in Australia between 2020 and 2022, but have now turned a corner, data from analyst Sunwiz illustrates. Queensland has seen the most remarkable journey, with payback periods for residential solar and storage falling from 10 to 6.6 years within 12 months.
We Drive Solar and MyWheels have announced plans to transform the Dutch city of Utrecht into the world’s first municipality with a “neighbourhood battery on wheels.” The system will feature 25 Ioniq 5 vehicles equipped with vehicle-to-grid (V2G) tech from Hyundai Motor.
EnergyAustralia’s plans to install a 500 MW/2,000 MWh big battery energy storage system adjacent to its Mt Piper coal-fired power station in New South Wales are gathering momentum with the Hong Kong-owned generator and retailer receiving approval to conduct site investigation works.
La Trobe University plans to build what it says will be the largest urban solar farm in Victoria, with about 4,300 solar panels to be installed at its Bundoora campus in Melbourne’s north as part of the university’s goal to achieve ‘net zero’ carbon emissions by 2029.
Hydrostor has penned a deal with Australian miner Perilya to build a 200 MW/1,600 MWh advanced compressed air energy storage facility in a disused mine cavity near Broken Hill in western New South Wales.
As the energy storage trend unfolds, stories litter the media landscape about lithium-ion batteries catching fire, and even exploding. It’s a valid concern, and the time for consumers to understand a basic truth about lithium-ion batteries is long past due.
A fire that erupted on Tuesday night in one of the Tesla Megapack 2.0 battery units of the Bouldercombe battery facility in Queensland continues to burn under the supervision of emergency services.
The project team is led by the State of California through the California Energy Commission, and joined by Faraday Microgrids, and Redflow with zinc bromine flow batteries.
Queensland’s CleanCo has opened expressions of interest to renewables projects wanting to participate in the transformation of its former coal-fired Swanbank power precinct to a clean energy hub.
Tesla has submitted a proposal to the Indian government to set up a Powerwall battery storage factory in India.
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