AES and Siemens will remain major shareholders and will continue to support Fluence’s long-term growth. The company currently has 2.4 GW of projects deployed or awarded across 24 countries and territories worldwide.
The strategy includes accelerating the transition of technologies from the lab to the marketplace, focusing on ways to manufacture technologies at scale in the United States and ensuring secure supply chains to enable domestic manufacturing.
Soon 2020 will only be a worry to future high-school history students. But when they ask us if anything good at all happened in 2020, remember this review and tell them that solar PV shone in the darkness. Despite the mess of it all, 2020 has been another good year for Australian solar. The industry has demonstrated resilience, and significant progress has been made in the fields of energy storage, green hydrogen and others.
Vena Australia has reached financial close on its 100 MW and 150 MWh Wandoan South Big Battery thanks to ING Australia. The international bank is increasingly financing green energy projects but this is the first standalone battery project it has financed in the Asia Pacific. Vena Energy Australia says this phase is just the beginning of a project that is to feature 650 MW of solar PV and 450 MW of battery storage.
Renewable energy investors have shattered the Queensland Government’s expectations with the state’s Renewable Energy Zones (REZs) attracting more than $90 billion in project proposals.
Australia’s first utility-scale vanadium flow battery will be built in regional South Australia and will demonstrate the technology’s potential to provide energy and frequency control ancillary services (FCAS) for the national grid.
New analysis from Cornwall Insight Australia has put Australia’s current battery energy storage pipeline at 7 GW. Of course, the vast majority of that projection is still firmly in the proposal phase, but the over 900 MW of energy storage thought to be developed by 2024 is still far in excess of AEMO’s ISP 2020 forecast, begging the question, how is the NEM going to fit it all in?
The Climate Council has published a report to put the final nail in the outdated notion of gas as a transition fuel, and to nix the validity of a gas-led recovery.
The proposed 65 MW Tamworth Solar Farm and integrated battery storage system is a step closer to fruition after the NSW Department of Planning, Industry and the Environment gave the project its tick of approval.
The Western Australian Government going to provide a temporary royalty rebate scheme for three lithium producers and their employees are who struggling in the face of low prices. Prices have fallen for the first time since 2014 as spodumene concentrate supply is being oversupplied in advance of the electric vehicle and energy storage boom which hasn’t quite hit yet.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
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.