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.
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.
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 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.
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.
The Palo Alto company says it has improved its large scale battery offering with the new product in the wake of the success of its Powerpack-driven big battery in Australia. The Megapack can be deployed at a 250 MW/1 GWh clean energy plant four times faster than a fossil fuel alternative, claimed the business in a blogpost.
With miners around globe stepping up their production capacities to cater to the demand of the electro-mobility and energy storage sectors, supply has outpaced demand leading to a steep decline in lithium prices. Amid slowing growth in China, a number of Australian lithium miners are hurting.
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