Energy Storage

Researchers from the Middle East have simulated a novel PV thermal module which includes a thermoelectric generator above the absorber layer, conical helical tape in the cooling tube and a ferrofluid. These technologies reportedly contributed to increased PV efficiency and thermal efficiency by 2.12% and 23.34%, respectively.

Construction of a 300 MW solar farm and 486 MWh battery energy storage project planned for southeast New South Wales is scheduled to commence later this year after developer Octopus Investments Australia received critical grid connection approval.

United States-headquartered private equity group Carlyle has launched a new clean energy infrastructure platform focused on developing and operating a portfolio of utility-scale renewables projects in Australia and the United Kingdom.

Western Australian manufacturer Magellan Power has unveiled a new all-in-one residential energy storage system offering battery capacities from 9.6 kWh to 25 kWh and inverter capacities from 5 kW to 15 kW.

Livium’s battery recycling subsidiary Envirostream Australia has signed a new agreement with the Australian arm of Chinese manufacturing conglomerate BYD that broadens the scope of previously agreed services to include the recycling of commercial vehicle batteries and energy storage systems.

Renewables developer Elements Green says the start of construction for what it describes as Australia’s largest hybrid solar and storage project to date is now within reach after receiving the tick of approval for grid connection.

Global analytics firm Wood Mackenzie predicts Australia will fall well short of its target of 82% renewable generation by 2030 due to grid connection delays, inadequate investment and moves from some state governments to scale back their clean energy ambitions.

A 90 MW solar farm and 360 MWh battery storage project proposed for northern New South Wales has secured planning approval as the state government continues to transition the electricity sector from coal and gas-fired power to renewable energy.

The Victorian government has released its draft 2025 transmission plan, which sets out the proposed renewable energy zones and transmission projects the state will need to deliver power to the state by 2040.

New South Wales-based biodiversity offset provider Thesium has launched a new product designed to help solar farm developers de-risk and accelerate their projects, which includes a credit feasibility analysis and board-ready stakeholder documentation.