Balance of Systems

The Australian government needs to commit up to $138 billion (USD 90 billion) over the next decade to support manufacturing of renewable energy-related equipment or risk the country being left behind in the race to develop the technologies and manufacturing capacities needed to prosper from the global energy transition.

Newcastle-based clean energy company MGA Thermal has secured $8.25 million (USD 5.39 million) from domestic and international investors as it gears up for commercial scale production of its thermal long-duration energy storage solution.

Brookfield’s bold ambitions for Australia have reached a new level with the global asset manager inking an agreement with India-headquartered multinational Reliance Industries to explore the production of solar panels, long-duration battery storage, and other renewable energy equipment in Australia.

The Australian government has committed $50 million to support the development and diversification of clean energy supply chains in the Indo-Pacific as it seeks to increase manufacturing opportunities and enhance energy security in the region.

The Australian government has launched a new study that will explore opportunities for onshore manufacturing of solar panels and components in a bid to strengthen solar supply chains and better support the country’s energy transformation.

The founder and deputy chair of Australian-based investment firm St Baker Energy Innovation Fund plans to establish a lithium-ion phosphate battery manufacturing plant in the Philippines with annual production capacity of 1.2 GWh by the end of the decade.

Germany battery manufacturer VoltStorage has unveiled a containerised 50 kWh vanadium redox flow battery that is designed to optimise self-consumption in commercial and industrial PV systems.

The EverVolt home battery supports both DC and AC coupling for new and existing solar arrays.

Critical energy minerals company Vecco Group has celebrated the official opening of Australia’s first commercial-scale vanadium battery electrolyte manufacturing facility in Townsville by announcing it has secured a contract to provide Energy Queensland with the state’s first grid-scale vanadium flow battery.

Australian battery material start-up Sicona Battery Technologies will accelerate commercial development plans both here and in the United States after securing financial support from a group of international investing heavyweights for its silicon-composite anode technology designed to improve the performance of lithium-ion batteries.