Utility Scale Storage

Australian miner Liontown Resources has declared the way is now clear for construction to commence on its $545 million Kathleen Valley Lithium Project in Western Australia after inking an offtake agreement and $300 million financing facility with global car manufacturing giant Ford Motor Company.

The quickening exit of coal-fired generation from Australia’s energy mix – with 60% of capacity expected to be withdrawn from the National Electricity Market by 2030 – has emphasised the need for significant investment in renewable energy generation, storage, transmission, and system services.

The Australian Energy Market Operator has declared approximately $12.7 billion of investment in new transmission lines should begin “as urgently as possible” to accelerate the transition to renewable energy and energy storage, replace exiting coal-fired power plants, and deliver a more efficient and effective grid in eastern and south-eastern Australia.

The operator of the 150 MW/193 MWh Hornsdale Power Reserve in South Australia has been fined $900,000 after being sued by the Australian Energy Regulator for failing to deliver on its promise of providing services essential to maintaining the stability of the power grid.

Researchers from the Indian Institute of Science, Bangalore, have found that nanoscopic refractory metal layers like tungsten could improve dendrite growth tolerance in electrolytes of solid-state Li-ion batteries. The team collaborated with researchers from Carnegie Mellon University.

Queensland government-owned generator CS Energy has announced plans to build the largest grid-scale battery in the state at Greenbank in Brisbane’s outer southern suburbs. The 200 MW/400 MWh project will be delivered in partnership with Queensland network operator Powerlink.

In recent years, Longi has turned its attention to green hydrogen. Li Zhenguo, company founder and CEO, speaks with Vincent Shaw in Shanghai about the strategic shift and how coupling this technology with solar PV will be key to achieving carbon neutrality.

Australian solar and battery optimization technology provider Evergen will seek to accelerate its expansion in both the domestic and international markets after closing a $15 million fundraising round led by FRV-X, a division of Saudi-owned energy developer Fotowatio Renewable Ventures.

Sun Cable’s ambitious $30 billion-plus Australia-Asia PowerLink project, which is set to be the largest solar farm, largest battery and longest subsea electricity cable developed globally, has passed another major milestone with the Australian government’s independent infrastructure advisory body giving its economic credentials the tick of approval.

Australian renewables developer Energy Estate is seeking to raise more than $500 million to support its development activities and bankroll the construction of renewable power plants in both Australia and New Zealand.