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Markets & Policy

WA battery recycling specialist to scale up UK ambitions

Australian battery recycling startup Renewable Metals intends to expand by a factor of 10 a demonstration-scale lithium battery recycling plant being developed in the United Kingdom after raising $8.1 million in a seed extension round.

COP29 to propose 1.5 TW energy storage target by 2030

This year’s UN Climate Change Conference could adopt a target to increase global energy storage capacity more than sixfold by 2030. To achieve this, the world would need to add more than 158 GW of energy-storage capacity annually.

IPC provides green light for NSW solar and storage project

Spanish-Japanese renewable energy company Univergy Solar and Australian partner New Energy Development have secured New South Wales government approval to build a 100 MW solar farm and 45 MW / 90 MWh battery energy storage system in the Yass Valley.

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Factory testing marks milestone for AVL value-adding vision

Australian Vanadium Limited has achieved another milestone in its ‘pit to battery’ strategy with the successful deployment of its vanadium electrolyte in a 78 kW / 220 kWh flow battery.

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New report highlights value of long-duration storage

State and federal governments are being urged to ramp up deployment of long-duration energy storage after a new report found significant capacity additions would result in 38% lower system costs than alternatives while playing a critical role in maintaining reliability as coal plants retire over the next decade.

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UQ tech captures PFAS chemicals for re-use in batteries

Researchers at the University of Queensland have developed technology to remove harmful synthetic fluorine-based chemicals from water in order to re-purpose them for use in batteries.

China connects first large-scale flywheel storage project to grid

The 30 MW plant is the first utility-scale, grid-connected flywheel energy storage project in China and the largest one in the world.

Innovation driving change in solar tracker market

Shipment volumes are growing in the global solar tracker market as innovation in project development drives demand. Joe Steveni, of S&P Global Commodity Insights, takes a look at the factors shaping the commercial landscape for trackers, from agrivoltaics and undulating terrain to Indian ambition and the United States’ Inflation Reduction Act.

Next-Gen and Siemens team up to develop battery materials manufacturing plant

Australian battery materials producer Next-Gen Energy Technology has signed a Memorandum of Understanding with technology giant Siemens toward establishing the first Li-NCA cathode materials manufacturing plant outside of China.

Riverina solar farm inks 50% offtake agreement with business energy retailer

Japan-headquartered energy retailer Smartest Energy has signed a power purchase agreement to buy 50% of a New South Wales’ solar farm’s energy output with the aim of procuring 100% renewable energy for its business customers.

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