Utility Scale Storage

Core Lithium’s Finniss Lithium Project just south of Darwin’s Port opened this week, supplying battery-grade lithium to electric vehicle giant Tesla, among others. Core Lithium plans to open processing facilities at the site by early next year.

Australia-based energy investment manager Quinbrook Infrastructure Partners has sold a 49% stake in a massive $1.9 million (USD 1.2 billion) solar PV and battery energy storage project being developed in the United States to a Dutch pension asset manager.

Australian company Vast Solar’s plans to expand into the rapidly growing North American renewable energy market have received a multi-million dollar boost after the United States government announced more than $38 million (USD 24 million) in grants to advance the development of concentrated solar thermal power technologies.

The head of the country’s energy market operator has reiterated his call for the development of a mechanism that incentivises dispatchable capacity, saying it is critical to underpin the growth of renewables as Australia’s energy transition continues to accelerate.

Six new solar farm projects totalling 623 MW of renewable capacity and four big batteries delivering up to 365 MW and 600 MWh of new energy storage have been given the tick of approval by the Victorian government as it looks to meet its target of powering all its operations with clean energy by 2025.

The Chinese Academy of Sciences has switched on a 100 MW compressed air energy storage system in China’s Hebei province. The facility can store more than 132 million kWh of electricity per year.

Australian outfit BESS Research is teaming up with CellCube, owned by Austria’s Enerox, to target Australian commercial and industrial projects for the potential use of vanadium redox flow batteries.

To quit coal and move to renewables, we need large-scale energy storage. That’s where pumped hydro comes in. Queensland’s ambitious new plan involves shifting from a coal-dominated electricity grid to 80% renewables within 13 years, using 22 gigawatts of new wind and solar. The plan relies on two massive new pumped hydro developments to store electricity, including the biggest proposed in the world.

French renewables developer Neoen has completed the financing for its 100 MW / 200 MWh Capital Battery in Canberra, declaring the project is on track to be operational in the first half of 2023.

New South Wales has today opened the first in what’s to be a decade of rolling tenders, part of the state’s momentous vision of fitting out 12 GW of renewable energy capacity and 2 GW of storage by 2030.