Australian gravity storage startup begins constructing R&D facility and digital twin in Port Kembla
Australian gravity storage startup Green Gravity will build an R&D facility Bluescope’s Port Kembla Steelworks. The company is aiming to prove its technology, which rests on moving weighted objects through disused mine shafts, via the facility with construction to begin this month.
Territory targets ‘renewable energy hub’ with budget spend
The Northern Territory government has committed $12 million (USD 8.05 million) in its latest budget to accelerate the development of a “sustainable” industrial hub that will be largely powered by renewables as it looks to continue the overhaul of its electricity system.
New entrants to Australia’s utility-scale and commercial battery market
While Australia’s home battery market seems to have attracted most of the interest from newcomers, there has been some significant new developments in the commercial and utility-scale space. Pv magazine Australia examined the new products and companies in the commercial and utility battery storage space on display at the Smart Energy Conference.
WA backs big batteries to support energy transition
The West Australian government will plough almost $3 billion (USD 2.03 billion) into renewable energy generation, storage and transmission projects with modelling revealing more than 50 GW of new generation and storage capacity will be required in the state’s main electricity grid within the next 20 years.
India’s green hydrogen demand to reach 2.85 MMT/year by 2030, says USAID
A new report from the South Asia Regional Energy Partnership (SAREP) of the United States Agency for International Development, better known as USAID, says India’s green hydrogen demand will reach 2.85 million metric tonnes (MMT) per year by 2030.
Construction completed on NSW’s biggest battery to date
Construction has been completed on what is, for now, New South Wales’ largest battery system. The 150 MW / 300 MWh Riverina and Darlington Point energy storage systems are made up of three co-located units and owned by private equity fund manager Federation Asset Management and Edify Energy.
Key takeaways as big batteries in Australia hit 1 GW
Australia recently hit it first gigawatt of big battery storage, with another 40 GW in the projected pipeline. During the Smart Energy Conference, Marija Petkovic, founder and managing director of Energy Synapse, looked at what we’ve learned so far.
‘At least’ 500 MWh of DC-coupled batteries coming to east coast under new partnership
Chinese inverter and storage company Sungrow and Australian developer Green Gold Energy have signed an agreement to collaborate on “at least” 500 MWh of battery storage projects within the next three years – most to all of which will be DC-coupled. Relatively new to Australia’s grid-connected battery landscape, DC-coupled batteries will soon be able to trade on lucrative FCAS markets thanks to imminent rule changes, providing a firmer foothold for the technology in Australia.
Bowen says Budget will back energy storage investment mechanism
Australia’s energy minister has revealed the upcoming Federal Budget will include support for a new revenue underwriting mechanism that is expected to unlock billions of dollars of renewable energy investment and “gigawatts of power” to support the ongoing decarbonisation of the grid.
Snowy 2.0 pumped hydro project faces another two-year delay
The beleaguered Snowy 2.0 pumped hydro project has been hit with fresh construction delays and added cost blowouts with concerns the multi-billion-dollar project may now not reach full commercial operation until late 2029.
