Schneider Electric has introduced a modular 200 kWh battery energy storage system for commercial and industrial (C&I) users, scalable up to 2 MWh across 10 units.
Singapore’s Equator Renewables Asia (ERA) and China’s CRE International Co. Ltd (CREI) will jointly develop a 900 MW solar and 1.2 GWh battery project in Indonesia, with 400 MW (AC) slated for export to Singapore.
A ring-fencing waiver has been issued to electricity distributors CitiPower, Powercor and United Energy, to enable a kerbside electric vehicle charging trial in Victoria until mid-2031, which will include at least 5% vehicle-to-grid chargers.
Australian energy storage manufacturer RedEarth Energy Storage is set to bring its Australian-made vehicle-to-grid electric vehicle charge to market, and has also released two next generation products from its smart energy ecosystem.
When Snowy 2.0 is in the news, it’s usually about money. The cost of the huge project has gone well beyond the initial $6 billion estimate and will now cost more than $12 billion.
Utility-scale batteries are rising to the challenge of guaranteeing network reliability as the clean energy transition continues, with Australia having now surpassed the United Kingdom to become the third-largest market for large-scale battery energy storage systems globally, behind China and the United States.
Researchers in Canada have proposed using gravity-based energy storage in high-rise buildings, in combination with photovoltaic facades, small wind turbines, and lithium-ion batteries. Their modeling indicated that this hybrid system could achieve a levelized cost of energy ranging from $0.051/kWh to $0.111/kWh.
Two years ago, Snowy Hydro announced a reset for its troubled Snowy 2.0 giant pumped hydro project amid cost blowouts. The supposed final cost was $12 billion.
Renewables developer Neoen has commenced construction of its first six-hour battery energy storage system and has also delivered Australia’s biggest battery to date – four months ahead of schedule.
The New South Wales government has launched a tender targeting 500 MW of firming and demand response capacity to further boost power supply reliability as the state’s coal-fired generators are shut down.
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