As battery energy storage system costs plunge, energy price volatility is shortening payback times for storage solutions. This shift, driven by a surge in intermittently generating renewables, and ongoing innovations in battery manufacturing, marks a pivotal moment for energy markets worldwide.
An Oxford Economics Australia report has found electricity construction activity has been at a record high of $19.2 billion over FY24, and with an expected investment of $5 billion a year to FY30, the way forward for large solar projects is clear, especially for Queensland.
London-headquartered Eku Energy has committed $500,000 to the Australian National University’s battery storage and grid integration program as construction begins on the Williamsdale big battery in the Australian Capital Territory.
The research group led by Professor Martin Green has published Version 65 of the solar cell efficiency tables. There are 17 new results reported in the new version.
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
Battery storage developer Akaysha Energy is looking to automate wholesale market participation for a large portion of its Australian battery energy storage fleet using Fluence’s AI-powered bidding software Mosaic.
Western Australia’s state-owned regional energy provider Horizon Power has officially launched the trial of a vanadium flow battery in the state’s north as it investigates how to integrate long-duration energy storage into its network, microgrids, and other off-grid power systems.
Zero-emission aircraft manufacturer AMSL Aero has successfully completed the first ‘free’ flight of its Australian designed and manufactured hybrid electric and hydrogen powered vertical take-off aircraft.
The Chinese manufacturer said the device is based on dense passivating contacts that reduce parasitic light absorption and improve passivation. It used a streamlined manufacturing technique that is reportedly about one-third more effective than TOPCon mainstream technology.
Queensland energy storage solutions provider RedEarth Energy Storage has partnered with German company ambibox to bring Australian-made vehicle-to-grid electric vehicle chargers to the market.
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