Tesla’s Investor Day: Ramping up the Megapack business
The electric vehicle and storage manufacturer shared insight into its Megapack energy storage business and the Megapack XL, the stationary battery storage product that Tesla says has the highest energy density on the market.
Zen Energy charging up first big battery project in SA
Electricity retailer Zen Energy has announced plans to develop its first utility-scale battery energy storage system after acquiring the 111 MW/270 MWh Templers Battery project in South Australia from UK-based developer Renewable Energy Systems Group.
CEC warns pace must pick up as renewables investment hits $4.3 billion
Investment in financially committed large-scale renewable energy generation and storage projects in Australia ramped up in the final three months of 2022 to its highest level in more than four years but the Clean Energy Council has warned the pace remains inadequate.
CleanCo to transform old coal-fired power precinct into green energy hub
Queensland government-owned renewable energy corporation CleanCo has unveiled plans to transform the former coal-fired Swanbank power precinct in the state’s southeast into a clean energy hub with the potential to generate up to 1.2 GW of clean energy.
Vecco plans ‘Australian first’ vanadium electrolyte manufacturing facility
Australian resources developer Vecco Group has secured state government backing to build a $26 million (USD 17 million) vanadium electrolyte manufacturing facility in the north Queensland city of Townsville with production set to be used in grid-scale vanadium flow battery projects.
Next acquisitions for Octopus Australia’s new investment platforms revealed
The investment platforms from Octopus Investments Australia are set to acquire three new projects in the coming months in Queensland, Victoria, and New South Wales. Launched in 2022, the OREO and OASIS platforms “allow wholesale investors and mums and dads to invest alongside big institutional investors and get access to big projects in Australia,” Managing Director Sam Reynolds told pv magazine Australia.
Weekend read: Dawn of the store-age
Last year was another landmark 12 months for energy storage, with all indicators pointing to a massive surge in demand. Supply chain instability and inflation saw battery prices rise, but the industry demonstrated an ability to swiftly react to geopolitical developments. Marija Maisch examines five trends driving the market.
Solar and storage provides energy solution for South Australian town
The remote town of William Creek in outback South Australia is now being powered entirely by solar backed by a battery energy storage system after the switch was flicked on a 200 kW PV array that eliminates the need for diesel generation.
Shell Energy delivers battery-backed renewables solution for NSW
The Australian renewables and energy solutions arm of global energy Shell is finalising the installation of a solar-powered virtual power plant featuring battery energy storage systems deployed across 16 New South Wales government buildings.
NSW welcomes a fresh cohort of solar schools
A new cohort of 18 New South Wales (NSW) public schools will receive solar and battery energy storage systems in the latest round of the NSW government’s Smart Energy Schools Pilot Project.
