Newcastle based clean-tech company Allegro Energy has secured $1.85 million in federal government funding to help bring its redox flow battery technology to mass production.
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
The system features an innovative split design breaking away from the industry standard 20-foot container. It is configurable for storage durations of two to eight hours.
Aotearoa New Zealand-based Meridian Energy has been granted final consent approval by the the country’s environment court to build a 120 MW solar farm in the North Island’s Ruakākā energy park.
Energy storage solutions company Energy Vault will supply the Victorian government with 100 MW / 200 MWh battery energy storage system for its state electricity commission renewable energy park development.
The Clean Energy Q4 2024 report finds solar generation reaching financial commitment or commencing construction totalled 1,139 MW, and overall clean energy investment was at a record high.
A report from BloombergNEF said fixed-axis solar levelised cost of energy is expected to fall to $0.035 (AUD 0.56) per kWh, while battery energy storage LCOE is expected to decrease 11%.
Large power grids are among the most complicated machines humans have ever devised. Different generators produce power at various times and at various costs. A generator might fail and another fills the gap. Demand soars in the evenings and on hot days. In Australia, eastern and southern states trade power across borders. Meanwhile, Western Australia has two […]
Vast Renewables has successfully completed large-scale testing of a concentrated solar thermal power receiver tower destined to be deployed as part of a 30 MW / 288 MWh solar and energy storage project planned for South Australia.
A development application has been lodged with a central Queensland council for a four-hour battery energy storage system to be built alongside the 72 MW Emerald Solar Farm with the plant owner acknowledging the growing demand for firmed renewables.
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