Energy Storage

No two projects are alike, and sharing the lessons learned from working on these highly complex systems can help accelerate the deployment of energy storage with essential clean energy assets.

Melbourne’s Monash University will conduct a $1.18 million study into alternative market designs which better support energy storage technologies and drive clearer investment signals.

The Australian Capital Territory government has firmed its commitment to deliver one of the largest battery storage systems in the Southern Hemisphere to support Canberra’s energy grid and the continued uptake of renewables with funding allocated in the upcoming budget to progress the Big Canberra Battery project.

Having established a strong foothold in the Australian market with its solar PV panels, Chinese manufacturer JinkoSolar is now seeking to expand its influence in the energy storage space with the launch of its modular Suntank home battery storage system.

Australian energy major AGL has announced that Victoria’s largest hydropower scheme will undergo a $40 million expansion in a move designed to improve energy security and help support the state’s continued uptake of renewables.

India will see a cumulative demand for around 600 GWh of lithium-ion batteries from 2021 to 2030 across all segments. The recycling volume coming from the deployment of these batteries will be 125 GWh by 2030.

Vena Energy Australia has reached financial close on the second stage of its Tailem Bend 2 Hybrid Project thanks to a PPA with Zen Energy and green financial support from DBS, ING, and Siemens. The 128.5 MW project will comprise 87 MW of solar with 41.5 MW of battery energy storage.

Octopus Investments Australia, a subsidiary of the major global Octopus Group, today launched two renewable energy investment vehicles totalling $10 billion. The Octopus funds’ first joint acquisition is Australia’s largest operational solar farm, the 333 MW Darlington Point Solar Farm in New South Wales.

US scientist have developed a new electrolyte design for sodium-ion batteries to improve their long cycling performance. The low-solvation electrolyte was designed for high-voltage sodium-ion batteries, which retained 90% of their capacity after 300 cycles.

Tesla chair Robyn Denholm expects the company to double its EV sales in Australia by the year’s end, hoping to see its flagship product catch up to its Powerwall sales. Denholm also said Australia needs to expand its lithium refining and processing capacity at “sprinting pace” to properly capture the global battery opportunity.