Distributed energy technologies such as solar and battery-based energy storage could save Australia AU$101 billion (US$75 billion) by 2050 and completely eliminate greenhouse gas emissions, according to a new report from CSIRO and Energy Networks Australia (ENA).
Flow battery maker Primus Power was leader of the charts in VC funding in the first quarter of 2017, securing US$32 million from a range of investors, according to Mercom Capital’s latest report.
The Department of Energy (DoE) of the Philippines has progressed solar projects with a combined total of 162MW of capacity, along with a 30MW battery energy storage project to grid impact testing (GIS) stages, according to consulting firm Enerdata.
Australia-based flow battery provider Redflow has paused deliveries of new batteries after a number of unexpected product mode failures during remote monitoring at customer sites, according to a filing on the Australian Stock Exchange.
Queensland-based developer SolarQ is planning to build a 350MW(ac) solar plant combined with a ground-breaking 4,000MWh of lithium-ion battery storage in the Gympie Region of Queensland, Australia.
One of Australia’s energy market regulators has put out a lengthy document detailing the potential impact of introducing five minute settlement into the electricity spot market, which would likely favour flexible resources such as energy storage.
San Diego, California’s ultracapacitor-based energy storage manufacturer Maxwell Technologies has signed a stock purchase agreement with China’s SFIC Fund Management – a significant investor in China’s storage industry – at US$6.32 per share.
Younicos CEO Stephen L. Prince ponders the role of energy storage within the three ‘Ds’ revolutionising energy: digitisation, decentralisation and decarbonisation.
