ASX-listed Australian flow battery maker says it can boost production of its ZMB2 batteries to 30MWh a year, and cut costs by 30% by 2020.
Sydney-based Gelion sets sights on $70bn global battery market with launch of zinc bromine gel battery technology it says will soon undercut lithium-ion on cost.
US-based Magnetar, which invested in Australian solar and battery storage company Lyon Group to great fanfare in 2017, now seeking to wind up one of its units.
Infigen says it is considering a range of solutions above and beyond the Lake Bonney battery to keep up with demand for firmed renewable power in the C&I market.
Tesla big battery at Hornsdale earned $29 million in revenue in 2018, which owner Neoen says was more than they expected – thanks to its better than expected performance.
SA Power Networks subsidiary Enerven awarded contract to deliver SA Water’s 154MW solar and 34MWh storage roll-out.
Origin looking at new grid batteries, seeks to contract 500MW wind at low $50/MWh, and predicts Australia renewables capacity to double in next three years.
Group of 45 researches and energy experts say quick transition to renewables is essential to slash emissions, but it needs a detailed plan, and rule changes.
Shell snaps up battery maker Sonnen in challenge to Tesla Powerwall and LG Chem, while BP sees renewables becoming dominance source of global power supply by 2030.
Tesla big battery bags another big dividend from energy market services, but storage projects still struggling to make money on time shifting and arbitrage.