Three companies have been awarded long-duration storage, long-term energy service agreements from the New South Wales Roadmap Tender 5, which at 1 GW / 13.7 GWh, is the largest to date.
Australian electric vehicle charging provider Jolt has secured a $214 million loan agreement with the Canada Infrastructure Bank to install 1,500 kerbside EV chargers across urban centres in Canada.
The Western Australian government has moved to accelerate the uptake of residential battery energy storage systems, announcing it will introduce a $387 million rebate scheme to encourage the installation of household batteries to store and utilise extra power generated by rooftop solar.
The Australian government has committed $500 million to support the use of locally made steel and aluminium in the onshore manufacturing of clean energy technologies, including batteries, wind turbines, and hydrogen electrolysers.
BlackRock-owned Australian battery storage company Akaysha Energy has entered a long-term offtake agreement or the 205 MW / 410 MWh Brendale BESS in Queensland with Swiss oil and gas giant Gunvor Group.
British cleantech solutions company Pacific Green has inked a $460 million agreement to sell its 250 MW / 500 MWh Limestone Coast North battery energy park development to clean energy investor Intera Renewables.
Queensland manufacturing company VSPC has been granted $30 million non-recourse funding to commercialise a new process for manufacturing cathode powder used in lithium-ion batteries.
The Australian government has released $50 million to local governments across the country to co-fund energy efficiency and electrification upgrades in round one of its community energy upgrades fund.
Newcastle based clean-tech company Allegro Energy has secured $1.85 million in federal government funding to help bring its redox flow battery technology to mass production.
The New South Wales government will channel up to $1 billion into large-scale and community batteries, pumped hydro, and virtual power plants as it seeks to ramp up investment in renewable energy generation and storage projects to support the state’s shift from coal-fired generation.
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