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Converting coal mines into gravity-based renewable energy storage facilities

U.K.-based Gravitricity is planning to deploy its gravity-based energy storage solution at a decommissioned coal mine in Czechia. The project is part of a plan to commence a full-scale, 4-8 MW prototype scheme in a disused mine next year.

New Horizons secures contract for WA’s biggest battery

Italy-headquartered energy storage specialist New Horizons Ahead has been awarded the contract to build a 100 MW/200 MWh battery energy storage system (BESS) at the site of the decommissioned Kwinana Power Station near Perth in Western Australia.

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Report finds co-located hubs key to battery industry competitiveness

A report from Australia’s Future Battery Industries Cooperative Research Centre which analysed the development of battery hubs in the U.S., Germany and Japan, has found that co-location and cooperation between industry and government were key to hub success. For Australia to play the same game, it will have to leverage its wealth of resources, and clean up its act along the way.

Umicore to purchase 42,000 tons of Australian lithium battery material

Belgian materials company Umicore has signed a contract with Australia headquartered Vulcan Energy Resources to purchase up to 42,000 tons of lithium hydroxide over a five year period beginning in 2025. The material will be used in Umicore’s production of cathode materials for lithium-ion cell manufacturers.

Solar farms prove to bee hives of economic activity

A new study from researchers at the universities of Lancaster and Reading in the UK has managed to quantify the economic boost provided by the symbiotic relationship between solar farms and honeybee hives.

Canadian fund Omers plans to acquire 49% of FRV Australia

Fotowatio Renewable Ventures’ (FRV) Australian platform includes 637 MW (DC) in projects already operational or under construction, and a pipeline comprising 7 GW of solar projects and 1.3 GWh of battery storage.

New tracker design for agrivoltaics

Spanish company Axial Structural is introducing a new type of tracker for agrivoltaic installations. The product can be adapted to various ground conditions and gradients, with programmable to optimise light and shade for different crops in different climates.

Octopus Energy, RES to invest in UK green hydrogen economy

Octopus Energy and RES have announced a new partnership under which they plan to invest GBP 3 billion (AU$5.5 billion) in the construction of green hydrogen plants throughout the United Kingdom by 2030.

EDF Renewables invests in Vietnamese PV rooftop market

The French energy group has invested an undisclosed sum in Vietnam’s SkyX Energy. The goal is to install 200 MWp of C&I PV rooftop capacity in the country.

Reliance Industries acquires 100% stake in REC Group, plans new manufacturing bases

India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.

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