Victoria will be home to one of the world’s largest lithium-ion batteries with the 300 MW / 450 MWh Victoria Big Battery to be constructed on the outskirts of Geelong.
230 Northern Territory businesses have already received their vouchers for Australia’s most generous energy storage subsidity, the NT’s Home and Business Battery Scheme. The scheme, which is still open for applications until November 30, offers grants of $6,00 to homeowners and business owners to install solar and battery storage, or complement an existing solar system with a battery.
The centralised nature of policymaking in Beijing would enable component standardisation to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.
Construction of South Australia’s biggest solar farm, and the state’s fifth “big” battery will provide 810 jobs and a $41 million boost to the economy around Whyalla. The Marshall Government buys in and forecasts a $12.8 million saving on its energy expenditure over the term of its 10-year energy contract.
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funnelled to clean power.
Never heard of CEP.Energy? The new green energy fund is set to become a renewable powerhouse, installing gigawatts of solar, plus batteries big and small across industrial estates and retail centres around the NEM. Institutional investors are making this virtual-power-plant vision a reality.
Transgrid is on track to deliver improved reliability and stability to the New South Wales electricity networkafter securing federal and state government funding to install a $61.9 million big battery at its Wallgrove substation in western Sydney.
Professor Thomas Maschmeyer has taken his reimagining of zinc-bromine battery chemistry to the point of commercial launch; a new installation at the University of Sydney demonstrates the Gelion battery’s utility and appeal.
The advance of PV has been lauded by the International Energy Agency as it launched the latest edition of a flagship World Energy Outlook 2020 report overshadowed by the Covid-19 crisis and uncertainty over how long the economic recovery could take.
In less than a year from today, Australia will be producing its own renewable-energy-storing lithium-ion batteries in the Hunter Region. A new $28 million Energy Renaissance facility will embed itself in the learning, hard-working, adaptable culture around the port of Newcastle, manufacturing exports that are expected to contribute some $3 billion to Australia’s GDP and advance the country’s energy transition.
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