US scientists explore how to compensate battery owners for grid value
Current price signals to distributed battery owners “do not align with grid value,” says a study from the Lawrence Berkeley Laboratory.
Utility scale ocean battery, a bedfellow for floating PV
A new underwater battery storage technology is coming from Netherlands-based Ocean Grazer to address the issue of offshore long-duration storage. The company’s Ocean Battery is touted as innovative yet simple, based on existing technology, and capable of enhancing marine life along the way.
LG Energy Solution IPO attracts $110 billion in bids
LG Chem’s energy storage and battery division’s US$10.7 billion (AU$14.8 billion) initial public offering received a staggering response from institutional investors, Reuters has reported.
New year, new rules
This year will see a suite of new rules introduced governing the sale and installation of rooftop solar. While the Clean Energy Regulator’s new rules will apply across the country, Victoria’s state government has also introduced its own set of additional ordinances – among them, a ban on door-to-door sales or cold-calling for solar, electricity and gas companies alike.
Foton, BOC to collaborate on scaling Australia’s hydrogen bus sector
Vehicle manufacturer Foton and gas company BOC have signed an agreement to develop the hydrogen bus sector in Australia and New Zealand, allowing technology they say is already “widely used” around the world to become affordable in a region where it is still nascent.
Woodside submits plan for 500MW of PV and 400MWh of battery storage in the Pilbara
Oil and gas giant Woodside Energy has submitted the proposal for its 500MW Solar Facility to the Western Australian Environmental Protection Authority. The proposal sees Woodside looking to install up to one million solar panels to help power industrial customers in the region, including its own Pluto LNG export facility.
Goldman Sachs invests $250 million in Hydrostor to advance compressed air energy storage projects
The investment is planned to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor’s project development pipeline globally.
Asia-Pacific solar supply chain trouble to ease this year, according to analyst
Wood Mackenzie has predicted solar equipment cost increases will ease back after last year saw the average cost of solar electricity rise for the first time in the Asia-Pacific region.
Enphase acquires ClipperCreek to enter the EV charging market
The completed acquisition of ClipperCreek launches Enphase Energy into the fast-growing market for electric vehicle charging systems.
Farmers go off-grid as 19 solar-based standalone systems installed on WA’s southern coast
Western Australia’s state-owned electricity company Horizon Power has installed 19 solar + battery standalone power systems for farmers in Esperance on the state’s southern coast.
