Energy Storage

British renewables developer Pacific Green Technologies has joined the growing number of foreign companies looking to capitalise on Australia’s energy transition, announcing plans to build a 500 MW/1,500 MWh battery energy storage system in South Australia.

Danish investment group Copenhagen Infrastructure Partners has tapped Canadian PV and battery manufacturing heavyweight Canadian Solar to provide the energy storage solution for the first of the multiple large-scale battery projects it has planned for Australia.

Australian Energy Minister Chris Bowen has announced a major expansion of the Commonwealth-funded Capacity Investment Scheme that will now target 32 GW of renewable generation and storage capacity to support the nation’s clean energy transition.

Swedish battery maker Northvolt has developed its first sodium-ion battery. The cell has been validated for an energy density of more than 160 Wh/kg and is designed for energy storage applications.

Akaysha Energy has expanded the scope of its Victorian Elaine battery from 800 MWh to 1244 MWh, growing the project’s capacity more than 50% due to its long duration capability of four hours, pv magazine Australia has been told.

More than 1 GW of firmed storage capacity is set to be delivered by the six winning projects from the New South Wales (NSW) tender combining state and federal schemes. Akaysha Energy’s 415 MW / 1660 MWh battery in Wellington and AGL’s 500 MW / 1000 MWh Liddell battery are the round’s two biggest projects.

Fortescue has announced three projects – two in Australia and the other in the US – have reached final investment decision (FID). The company held its annual general meeting today, where members voted down its contentious executive pay policy.

Around 6,000 batteries involved in the years-long LG battery recall have not yet been located, the ACCC has said. To date, there have been at least nine reported incidents involving the batteries, including one personal injury and one house “completely destroyed.”

A solar and battery energy storage project that will deliver a major boost to the renewable energy system that helps power a remote community on Bathurst Island off Australia’s northern coastline is rapidly nearing completion with a team of four workers taking just four days to roll out 1.2 MW of solar.

Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.