While battery manufacturers have faced tough times in 2024, the sun is shining on the stationary storage market, finds BloombergNEF.
Singapore-headquartered clean energy investor Equis plans to begin building a four-hour duration battery in Queensland later this year as it pushes ahead with the development of a portfolio of 17 battery projects with a combined capacity of 4.4 GW across Australia.
Collapsed Australian electric vehicle fast-charger manufacturer Tritium has been acquired by a subsidiary of India-headquartered power solutions company Exicom Tele-systems as it looks to expand its global footprint.
United States=based solid-state battery developer ION announced it has achieved 800 cycles with its battery, marking significant progress towards commercialisation. If this trend continues, the development holds promising potential for grid-scale projects.
The industrial-scale Rangebank battery energy storage system, located 50 kilometres southeast of Melbourne, Victoria, has successfully been energised and is scheduled to be fully operational by late 2024.
An 8.5 kW rooftop solar array and 21 kWh battery energy storage solution have been installed on the remote Northern Territory Mumathumburru, or West Island, providing energy security to a community of people disrupted by unreliable, expensive power since 2021.
Fotowatio Renewable Ventures Australia says it has begun construction on its first standalone battery energy storage system in the country after reaching financial close on the project.
Western Australian vanadium flow battery company Avess Energy has inked a deal to build a 500-tonne electrolyte manufacturing plant in South Korea as part of plans to strengthen its position in the global energy storage market.
French-backed renewables and storage developer TagEnergy is a step closer to building a 300 MW / 600 MWh battery that is to help maintain grid stability in north Queensland after the local council provided a green light for the project.
Marinus Link has locked in a 2030 completion date for the high-voltage Tasmania-Victoria power interconnection project after signing a deal worth more than $1 billion with the world’s largest cable maker.
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