Lithium oversupply hurts Australian miners
With miners around globe stepping up their production capacities to cater to the demand of the electro-mobility and energy storage sectors, supply has outpaced demand leading to a steep decline in lithium prices. Amid slowing growth in China, a number of Australian lithium miners are hurting.
South Australia’s Tesla virtual power plant powers ahead, delivering cheaper energy
South Australia’s virtual power plant is nearing the potential Phase 3, which could see 50,000 homes connected becoming the equivalent of a 250 MW network of decentralized power generating units.
New renewable energy planning policies for South Australia proposed
As it transitions from a wind-dominated renewable energy mix to include a wider range of energy options such as large-scale PV, pumped hydro and battery storage projects, South Australia is considering new planning policies.
Tesla results: U.S. solar installations down, batteries up
Elon Musk’s EV and energy company is becoming increasingly irrelevant in the U.S. rooftop solar market, but battery sales are booming.
SA government looking to expand Home Battery Scheme
The South Australian government is looking to extend its Home Battery Scheme subsidy of up to $6000 and low interest loans to rental properties, property developers and aged care facilities.
Queensland shortlists 10 renewable projects for CleanCo’s reverse auction
The Queensland government’s reverse auction got a step closer with the announcement of 10 shortlisted renewable energy proponents as it seeks to bring up another 400 MW of solar and wind energy and battery storage into the market.
Green light for more big PV as South Australia’s wind and solar pipeline swells to 10 GW
With the approval for a 176 MW solar farm and 66 MW battery storage facility near Murray Bridge, South Australia’s utility-scale wind and solar pipeline has reached some 10 GW.
Another major solar+storage project waved through in South Australia
As it continues to drive renewables and energy storage, the South Australian government has given its tick of approval for the 280 MW Bungama Solar Farm coupled with a 140MW/560MWh battery storage facility proposed by EPS Energy.
Australia-Singapore power link, world’s biggest solar+storage project get government backing
The Northern Territory has given major project status to an ambitious plan to develop a 10 GW solar farm coupled with a 20-30 GWh storage facility near Tennant Creek and export solar power harvested in the Australian desert to Singapore via subsea cables.
Cryogenic energy storage firm teams with Tenaska to develop U.S. projects
United Kingdom-based Highview Power has contracted with U.S. energy developer Tenaska to pursue gigawatt-hour scale cryogenic energy projects in the U.S. Highview reports a storage cost of $140/MWh at industrial scale; the firm currently operates a 5 MW pilot facility in England.
