Founder and former CEO of SwitchDin Dr Andrew Mears is launching his new venture, Tesseract ESS, at Melbourne’s All Energy today. The proposition expands on his previous technologies to deliver a ‘storage-as-a-service’ model focused on Australia’s C&I segment, providing battery and solar systems at $0 CAPEX to Australian farmers, manufacturers and other businesses. Pv magazine Australia spoke to Mears ahead of the launch.
Energy Vault, a Swiss company which initially entered international markets with gravity-based storage technologies before expanding into lithium batteries, has signed a $350 million (USD 234 million) agreement with Australian developer Enervest to deliver a 1 GWh lithium battery for a site in Stoney Creek, NSW.
The New South Wales government will pump up the state’s long-duration energy storage capacity target to 28 GWh by 2034 as it prepares for the exit of coal-fired power generation and greater renewable energy integration.
New South Wales-headquartered energy storage company Green Gravity has secured $9 million in funding for its utility-scale long-duration energy storage solution that repurposes legacy mineshafts.
The federal government has committed $5.4 million in funding to support the creation of a fully electrified community on the New South Wales south coast with the pilot project to provide crucial insights on the shape of Australia’s future energy system.
New South Wales distributed network service provider Essential Energy and Australia’s national science agency CSIRO have partnered to investigate how vehicle-to-grid technology can be best integrated as part of a wider home energy management system and support the energy system of the future.
Port of Newcastle, one of the largest coal ports in the world, is pushing ahead with its Clean Energy Precinct development, signing agreements for key design work and environmental impact studies.
Solar cell technology innovator SunDrive Solar will join forces with Chinese PV manufacturing giant Trinasolar to develop “cutting-edge” manufacturing facilities and bring Australian-made solar panels to market at scale.
Australia’s renewable hydrogen ambitions have received a boost with construction officially starting on a 10 MW green hydrogen project being developed on the border between New South Wales and Victoria.
Australian renewable energy and battery storage development company MPower Group has sold its 4.99 MW Narromine renewable energy project in New South Wales to Singapore-based Ampyr Distributed Energy via conversion of project funding into equity in the project.
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