Versatile lithium-ion can unpick gridlock
The Swiss Army knife qualities of lithium-ion batteries have helped scale the technology. Now their ubiquitous nature means they are ideally placed to help electricity system operators balance the grid, argues Gerard Reid, co-founder and partner of Alexa Capital.
Australian big battery market building towards record year
Australia has firmed as the world’s fourth-largest market for utility scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW / 8 GWh of battery energy storage projects have started construction in the first seven months of 2024.
Paris’ solar-powered Olympic village to become collective self-consumption hub
After the end of the Paris Olympic and Paralympic Games, the 15 solar power plants installed on the roofs of buildings in the athletes’ village will be integrated into a collective self-consumption operation once the future residents of the district have taken possession of the premises.
Philippines announces renewables, energy storage auction
The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Libra reveals plans for giant 3.4 GWh Bremer battery project
Libra Energy has unveiled its first major Australian renewables project, announcing plans to build an 850 MW / 3,400 MWh battery energy storage system in southeast Queensland to help soak up excess solar energy and stabilise the grid supply and demand during peak hours.
FRV secures $1.2 billion financing for 1 GW Australian portfolio
Renewable energy and battery storage developer Fotowatio Renewable Ventures says it has raised more than $1.2 billion in new debt finance for its Australian clean energy assets, including its first standalone battery project planned for Victoria.
Ark advances plan for 500 MW solar farm and 2,200 MWh battery
Ark Energy has confirmed the development application for a 500 MW solar farm and 2,200 MWh battery energy storage system planned for northern New South Wales has been lodged with the state planning department.
Investor concerns remain as NEM project pipeline grows
Growth in Australia’s renewable energy sector is strong with 43 GW of new utility scale generation and storage projects working through the National Electricity Market connection process but concerns remain that uncertainties surrounding approval processes could impact investor confidence.
Data reveals dominant players in Australian battery market
Analysis by solar and storage market consultancy SunWiz has identified the most popular brand of battery energy storage systems in the Australian market with Chinese manufacturers leading the way.
How long do residential solar batteries last?
Multiple factors affect lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.
