Tesla has entered into an agreement to purchase developer and manufacturer of energy solutions Maxwell Technologies for US$218 million ($300 million) in an all-stock deal. Following the purchase, Maxwell Technologies will be merged with a Tesla subsidiary and become a wholly owned subsidiary of Tesla. “We are very excited with today’s announcement that Tesla has … Continue reading Tesla to buy Maxwell Technologies
Jon Norman is a professional engineer with nearly 20 years’ experience in the power industry, environmental sector, management consulting and government. His company, Hydrostor, is leading the sector in Compressed Air Energy Storage (CAES), with the world’s first adiabatic CAES facility operating in Toronto, and the development of a new CAES demonstration project at the … Continue reading Where Australia sits on the energy storage global stage
The first big solar and big battery storage to be connected to the grid has started providing power to Far North Queensland homes and businesses. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) provided $17.4 million in funding for the Lakeland Solar and Storage project on the Cape York Peninsula, near … Continue reading First co-located solar and battery connected to grid
Redflow Executive Chairman and CEO Simon Hackett unveiled an investment package that will raise $14.5 million to target sustainable delivery of its zinc-bromine flow batteries to high demand areas such as telecommunications. Redflow’s capital-raising follows its May announcement of decisions from a strategic review including: Prioritising sales to supply proven demand areas including mature telecommunications … Continue reading Redflow cashes up to target battery demand areas
Tesla will build the world’s biggest lithium ion battery to be installed at a wind farm in South Australia before the end of the year. The successful tender was announced in the South Australian capital Adelaide today as a partnership between Tesla and French renewable energy company Neoen for the 100MW/129MWh battery at Neoen’s Hornsdale Wind … Continue reading Tesla to build ‘world’s biggest battery’ in Australia
Vector has won a multi-million-dollar Australian contract to supply the Territory Generation Alice Springs Battery Energy Storage System (BESS) project. Vector was one of a number of Australian and international firms bidding for the contract that will see it supply Australasia’s largest grid-tied lithium ion battery storage solution to stabilise and enhance generation on the … Continue reading Northern Territory seeks solution for battery storage
The Clean Energy Finance Corporation (CEFC) has confirmed it is working with the South Australian Government to develop a financing package to support the accelerated delivery of Australia’s largest grid-scale battery storage project, for the South Australian energy market.
The South Australian government has announced its plan to spend $500 million on a new gas-fired power plant and battery storage system, in an effort to stabilise the state’s energy supply.
Chemists from University of Michigan believe redox flow batteries are the best solution to store solar and wind power. Using a predictive model of molecules and their properties, the team has developed a charge-storing molecule around 1000 times more stable than current compounds.
Energy storage specialist Redflow has recruited former Santos managing director and CEO David Knox to its board of directors.
Tiny metallic-gold particles are being used to convert sunlight into fuel, in a technology developed in SA to store solar energy as an alternative to battery storage.
A significant price drop has seen solar batteries skyrocket in popularity. Experts believe that solar battery storage could be the solution to widespread power outages, such as those seen in South Australia over the past few months.
Faced with the rise of renewable energy and limits on carbon pollution, The Conversation has asked experts what kind of future awaits the grid.
General Electric (GE) and Southern California Edison (SCE) have announced a plan to install the world’s first battery storage and gas turbine hybrid system.