Energy Storage

Compressed air energy storage (CAES) sits at a crossroads. It is considered a mature form of deep storage due to its components being firmly “de-risked” but few projects are operating in the Western world. A project in the remote New South Wales town of Broken Hill promises to lead the way.

The Ballarat Energy Network is on track to decentralise the regional city’s electricity network with a long-term view to supply the Victorian community’s 120,000 residents with 100% renewable energy generated by local distributed energy resources.

Copenhagen Infrastructure Partners has acquired a majority stake in Elgin Energy that will help the Ireland-headquartered solar developer to transition into an independent power producer and grow its pipeline of projects in new and existing markets, including Australia.

South Australian energy storage specialist 1414 Degrees will move its SiBox thermal energy storage technology to market after 12 months of testing proved the molten silicon tech is reliable, safe, and an adaptable energy storage solution.

Tesla’s global electric vehicle sales are plummeting, but its energy storage business is surging, with more than 4 GWh deployed in the first quarter of 2024 alone.

Queensland-based clean tech company Graphene Manufacturing Group has hit a home run toward commercial product roll-out after pocketing a $2 million grant to spearhead the development of an automated assembly plant in the state capital.

Malaysian engineering and infrastructure company Gamuda has announced it will shift its focus in Australia to the clean energy and renewables infrastructure market, laying out plans to build a 1 to 2 GW portfolio of solar and wind projects in the next five years.

Australian miner Graphinex’s ambition to establish an integrated graphite mining and battery anode manufacturing business in Queensland has attracted the support of Japanese oil and gas giant Idemitsu Kosan.

Former federal energy minister Greg Combet has indicated the May Budget will unleash big bucks for the next stage of Australia’s renewable energy transition, underwriting the nation’s charge to become a global wind, solar and green hydrogen superpower.

Bluetti has unveiled a new weatherproof portable power station featuring a lithium iron phosphate battery with a power capacity of 1,536 Wh and a 2,400 W rated output.