Battery start-up RedEarth raises funding to cater to local demand
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.
Advanced hybrid batteries get financial shot into the arm
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.
New US study finds renewable energy storage costs need to drop 90%
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.
Neoen gets green light for PV-wind-battery hub in South Australia
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.
Kennedy solar-wind-battery park switched on following grid connection delay
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.
Leading brewer eyes thermal energy storage system
One of Australia’s leading craft breweries is looking to a cutting edge thermal energy storage system to provide the heat required to make its beer.
100 MW Playford battery gets go-ahead to complement Cultana Solar Farm
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
Grid-scale thermal energy storage to power SmartFarm development
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.
Utility scale, rather than behind-the-meter batteries will drive energy storage take-up – Bloomberg u-turn
The analyst has published its latest Energy Storage Outlook report and says large scale deployment will provide the majority of the 1,095 GW/2,850 GWh of battery storage worldwide in 2040, with prices driven down further by grid services demand and EVs.
Australia’s green bank to sharpen focus on storage following record investment in renewables
After it deployed a record $1.3 billion into the clean energy sector in a 12-month period, the Clean Energy Finance Corporation said it will sharpen its focus on energy storage and other technologies to support the stability of the national grid.
