Energy Storage

With South Africa holding 63,000 of the world’s estimated 69,000 metric tons of platinum reserves – according to the Statista.com website – and Russia and Zimbabwe a further 5,100 between them, the European Commission has cited the metal as an example of a potential supply chain bottleneck that could handicap its grand plans for renewables-powered hydrogen production.

Australian renewable energy developer Vast Solar is calling for expressions of interest from contractors as it pushes ahead with plans to develop a $600 million hybrid solar thermal project in far western Queensland.

Solar retailer Smart Energy believes Australia’s small-scale solar PV industry has been let down by the Federal Government which has been widely criticised for the lack of funding included in the Federal Budget for the renewable energy sector.

Record investment in solar and wind farms across the National Electricity Market has helped to quell concerns that Victoria and South Australia will face increased risk of blackouts later this decade following the impending closure of the Yallourn coal-fired power plant.

An expected drop-off in the performance of its Australian battery energy storage assets has sparked a $24 million (€15.6 million) downturn in consolidated revenue for French renewables developer Neoen.

The famous electric car manufacturer is reportedly shifting to cobalt-free lithium iron phosphate (LFP) batteries for its utility-scale battery.

Queensland flow battery company, Redflow, has unveiled the product it’s hoping will launch its lucrative high-voltage, high-capacity, grid-scale future: the Energy Pod Z module.

While suburban Australian rooftops have become coated in solar panels, the roofs of our commercial and industrial buildings have remained conspicuously bare. Our shopping centres, however, seem to be slowly be moving in the direction ordinary Australian’s have paved, with Australia’s largest privately-owned shopping centre yesterday announcing plans for a sizeable microgrid. Likewise, Vicinity, one of the country’s largest shopping centre managers, has managed to increase its sustainability rating largely through its extensive solar program.

Government-owned water utility, SA Water, has completed its extensive solar installation project, which involved installing more than 350,000 PV panels across 33 water treatment plants and pump stations across metropolitan and regional areas of South Australia.

RedEarth Energy Storage has partnered with Rexel Australia to expand its nationwide distribution network as the demand for Australian-made energy storage systems grows despite the economic downturn.