In the race to develop hydrogen projects, pilots and potential, Victoria has stated its advantages and desired outcomes. The Australian Hydrogen Council commends the state’s just-published Renewable Hydrogen Development Plan as “comprehensive”.
Gransolar’s battery division, E22, will reportedly develop 13 large-scale batteries in South Australia, Victorian and NSW.
In the middle of Australia’s most iconic natural landscape, the township of Jabiru has begun its transition from uranium-mine support community, to Indigenous cultural hub and tourism centre. The local arm of German renewable energy pioneer, juwi brings its deep experience in off-grid power systems to the project.
The Australian Energy Market Operator’s second State of the System update, a sort of ‘Around-the-Grounds’ of the National Energy Market, has revealed that 2020 set new records for both number of new projects connected and new megawatts of generation.
At present, China accounts for almost 75% of global lithium-ion battery manufacturing capacity and this share is set to increase through the short term with its build-out of new facilities. And although the US and Europe are enacting policies to encourage domestic battery production, there has been a distinct lack of support for investment in the supply and refining of the raw materials to achieve this. In China, the opposite holds true.
CEP.Energy has joined the race that stores the nation, the race, that is, for big battery supremacy. Joining giants like AGL, Origin Energy and Neoen, CEP.Energy has announced plans for a 1.2 GW megabattery in the Hunter region of New South Wales. The battery is one of four in a 2 GW battery storage portfolio planned throughout Australia.
UK-based Social Energy launched in Australia with the help of shareholder Shane Warne back in 2019. Now the smart energy firm is being backed with a significant investment from US-based alternative investment fund manager CarVal Investors in order for the company to rapidly grow Down Under.
In what is believed to be a Victorian first, CitiPower and Yarra Energy Foundation will parter to create a community battery network in the Melbourne CBD and inner-city suburbs.
In November last year, Cornwall Insight Australia estimated Australia had 7 GW of battery storage projects in the pipeline. Since then, massive amounts of storage capacity have been added.
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