NSW pumps up long-duration energy storage target to 28 GWh
The New South Wales government will pump up the state’s long-duration energy storage capacity target to 28 GWh by 2034 as it prepares for the exit of coal-fired power generation and greater renewable energy integration.
Australia’s big battery bonanza
The volume of large-scale battery energy storage projects under construction in Australia passed that of solar and wind projects combined in 2023 and the trend has intensified this year, with batteries attracting federal support. As coal-fired power plants are shuttered, developers and suppliers are enjoying a battery bonanza.
Proposed $9.9 billion deal passes world’s top lithium producer crown to Rio Tinto
London-headquartered resources company Rio Tinto is set to become the world’s largest lithium producer after announcing a $9.9 billion move to acquire Ireland-headquartered Arcadium Lithium.
GridBeyond backs financial benefits of community batteries
A 1 MW community-owned battery energy storage system could earn the operators up to $250,000 in revenue each year in Australia according to new analysis from Ireland-headquartered smart energy company GridBeyond.
Stanwell adds 650 MW combined capacity to growing energy storage portfolio
Queensland state-owned generation company Stanwell has boosted its energy storage portfolio with two new developments with a combined capacity of almost 650 MW entering its project pipeline.
Contracts awarded for concentrated solar-powered green methanol plant
Australian concentrated solar thermal energy specialist Vast Renewables has announced key contracts for its proposed Solar Methanol 1 green fuels project being developed in South Australia.
Gigafactory developer eyes place in Collie’s coal to clean energy jobs transition
West Australian gigafactory developer Auzvolt has applied for a stake in the $200 million Collie Industrial Transition Fund, which seeks to help the town’s workforce move from coal dependent employment into clean energy jobs.
UNSW researchers cook up recipe for better, more sustainable batteries
Researchers at the University of New South Wales have developed a battery component using food-based acids found in sherbet and winemaking, that could make lithium-ion batteries more efficient, affordable and sustainable.
Modo Energy expands into Australian battery storage market
United Kingdom-headquartered battery analytics platform developer Modo Energy is expanding into the Australian market.
Liontown ships first spodumene from Kathleen Valley
Australian battery minerals company Liontown Resources has shipped the first batch of spodumene concentrate from its flagship Kathleen Valley lithium project in Western Australia.
