American investment firm Blackrock’s portfolio company Akaysha Energy has begun construction of the 205 MW / 410 MWh Brendale battery energy storage system, 20 kilometres north of Brisbane in Queensland.
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.
Australian solar cell innovator Sundrive has announced job cuts, a change of leadership and restructure of the business to prepare for commercialisation of it’s copper electrode technology.
Battery projects continue to dominate Australia’s large-scale clean energy build-out with 6 GW of new capacity added to the nation’s renewables project pipeline last month, almost 4 GW more than the combined capacity of new solar and wind added during the same period.
United States-headquartered solar company SunPower Corp has filed for bankruptcy, among the largest in a series of major bankruptcies in the industry.
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.
New modelling suggests that changing the way we use Australia’s existing electricity sub-transmission and distribution grid could unlock 5 GW of additional rooftop solar, an extra 7 GW of front-of-meter generation, and 5 GW of additional distribution-connected battery energy storage by 2030.
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.
The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $4.59 trillion (USD 3 trillion) for the first time this year.
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