A report produced by an AI and automation market research company says an anticipated boom in the European storage market – driven by a desire to reduce carbon emissions – will attract producers as demand outside China tails away.
The Brisbane-based energy storage manufacturer has raised $4.75 million in Series A funding from the Queensland Government Business Development Fund and Australian institutional and family investors.
A technology to manufacture “honeycomb” materials for energy storage applications from priority Australian mineral resources and AI-based hybrid of lithium batteries and hydrogen fuel cells with DC loss detection system are among the winners of the funding granted in the Cooperative Research Center Program (CRC-P) latest round.
Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.
French renewables developer Neoen has won development approval from the South Australian government for a major renewable energy project, comprising 125 MW of wind generation, 150 MW of solar PV generation and 130MW/400MWh of lithium-ion battery storage. The project could also integrate up to 50 MW of on-site hydrogen production capability.
Australian renewables developer Windlab has connected and energized its landmark energy park in north Queensland, comprising 43 MW of wind, 18 MW of solar and a 4 MWh battery.
Simec Zen Energy’s landmark 1 GW dispatchable renewable energy initiative has moved forward with the development approval for the 100MW/100MWh Playford Utility Battery project located near Port Augusta. The facility will provide the necessary frequency control and grid stability requirements for the 280 MW Cultana Solar Farm
Adelaide-based energy storage specialist 1414 Degrees has partnered with technical, agribusiness and finance partners including sustainable horticulture company, Nectar Farms to identify and develop projects using its thermal energy storage solution.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.