Australian renewable energy developer Genex Power has penned an offtake agreement with Tesla that will smooth the way for it to secure finance for the 50 MW/100 MWh Bouldercombe Battery Project being developed near Rockhampton in central Queensland.
Germany’s Home Power Solutions has developed a hydrogen storage solution with a capacity of up to 15,000 kWh. The Picea system stores excess electricity from rooftop PV systems in the form of green hydrogen.
The impression of another big battery being installed on the site of one of Australia’s recently decommissioned “coal clunkers” was lost on few. Battery system provider Fluence says the Hazelwood Battery Energy Storage System’s business case was bolstered by recent reforms and new technology to take advantage of rapidly changing wholesale electricity market dynamics.
The 300 MW / 450 MWh Victorian big battery in Geelong has today commenced operation. In spite of fire breaking out during commissioning in July, the battery has been delivered in record time, taking less than a year to build and begin operations.
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.
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.
Malta announced a partnership with Betchel to deploy electro-thermal energy storage systems that are capable of durations of 10-150+ hours.
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.
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.
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.
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