The City of Melbourne is planning a network of co-ordinated community batteries to be installed at council sites across the city, aiming for a potential capacity of 5 MW by 2024.
Boston startup Form Energy has secured US$200 million (AU$270 million) Series D funding for the development of what is being called a breakthrough in energy storage.
A gigafactory, as the name indicates, is a facility that aims to produce Li-ion cells at a gigawatt-hours scale of total capacity, so they can then be used in electric vehicles or stationary storage applications. The global production capacity of Li-ion cells is expected to reach 740 GWh by the end of 2021 – almost a threefold increase from 2017 – and Europe will account for 8% of the total. João Coelho, an analyst at Delta-EE, looks at how Europe plans to catch up.
Western Australian company Australian Vanadium Limited has been awarded $3.69 million in federal government funding to fast-track manufacturing of large-scale vanadium redox flow battery systems that can be used to support rooftop solar PV or in off-grid settings such as mining, agriculture and remote communities.
Brisbane-based battery casing company Vaulta has more to celebrate than just Brisbane’s winning 2032 Olympic and Paralympic bid. The company has won a Federal government Accelerating Commercialisation grant that will see its innovative design pushed ahead as the tide of electric vehicles rising globally.
Japanese giant Marubeni Corporation is backing Providence Asset Group’s plan for 30 regional projects which will integrate LAVO’s ‘green hydrogen batteries’, a new technology developed at the University of New South Wales.
Queensland network operator Powerlink has indicated battery storage will be a critical part of a bespoke strategy designed to solve system strength issues that have emerged as a challenge for renewable energy generation in the National Electricity Market.
New reports and modelling has led TasNetworks to further push its largest of four possible Marinus Link versions. The largest, a 1,500 MW interconnector between Tasmania and the Australian mainland, is being shown to provide benefits across the entire NEM through grid stability and downward pressure on wholesale electricity prices. But there is still some discussion about who should pay for it.
Spanish EPC Gransolar Group’s four member companies across the entire value chain are combining on its first hybrid power plant. The 5 MW solar + storage hybrid power plant near Dalby, Queensland, will supply solar energy to grid service provider Ergon while also taking advantage of all the other revenue streams available to energy storage projects.
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