Utility-scale energy storage solutions provider Energy Vault has struck a deal with ACEN Australia to build two new battery energy storage systems totalling 400 MWh alongside the 720 MW New England Solar Farm being developed in northern New South Wales.
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
United Kingdon-based developer Renewable Energy Systems has expanded its presence in the Australian market with the acquisition of Windlab’s asset management portfolio, including the 60 MW Kennedy Energy Park in northern Queensland.
The capacity of a battery energy storage system to be built alongside the coal-fired Stanwell power plant in central Queensland has received a “mega boost,” increasing to 1.2 GWh as the state government looks to ramp up energy storage capacity to support the transition to renewables.
Fast-track approvals legislation in New Zealand is catching the eye of renewable energy investors in Australia amid concerns that bureaucratic red tape is impacting the timely delivery of key clean energy generation and storage projects.
Former Australian prime minister Julia Gillard has been named chair of a multi-billion renewable energy fund that is aiming to build a 15 GW portfolio of assets including wind, solar, and battery storage over the medium term.
State-owned energy utility Synergy has awarded the construction and balance of plant contract for the 500 MW / 2,000 MWh Collie battery energy storage system being built in Western Australia’s southwest.
Also on the rise: California crosses 10 GW battery storage threshold; Philippines set to add almost 2 GW of new solar in 2024; CATL unveils Ev with 1,000km range; and more.
Data from international consultancy Rystad Energy shows that 82 new renewable energy generation and battery storage projects corresponding to more than 20 GW of capacity were proposed across Australia’s National Electricity Market in the first quarter of 2024, with developers largely focused on Queensland and New South Wales.
Queensland battery tech company Li-S Energy claims to have taken a significant step towards proving the safety of its semi-solid-state lithium sulfur batteries with the third-generation technology successfully passing a series of nail penetration tests.
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