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Australia accepts 720 MW solar ranch with large battery
Transgrid, the driver of the electrical energy transmission network in the Australian state of New South Wales. Project developer UPC/AC Renewables
Jun 26, 2020 // Storage, Australia, Oceania
MoU for vanadium redox flow battery collaboration in Australia
Australian Vanadium Ltd. (AVL) has signed a non-binding memorandum of understanding (MOU) with EPC service provider Metrowest Power Systems to pursue opportunities to deploy vanadium redox flow battery technology (VRFB) in Australia. The companies hope to push forward with larger projects and pave the way for the VRFB technology to demonstrate its strengths. The new alliance will rely on Metrowest’s track record and connections in the industrial and utility sectors, as well as the financial, marketing and technical capabilities of AVL. The latter’s 100%-owned subsidiary, VSUN Energy, provides promotion, installation and maintenance of energy storage solutions using VRFB. “This agreement will allow the companies to work together to bring to fruition some of the bigger project opportunities that we’ve been unable to tackle on our own,” said Vincent Algar, managing director of AVL. “VSUN’s marketing and energy analysis has been very successful, but with a lack of experience in implementation it has certainly been difficult to persuade government agencies, for example, about the aptitude of the company and the VRFBs it offers.” The MOU is for an initial term of 12 months, during which time the parties will investigate the potential to formalize the partnership. VSUN Energy and Metrowest will continue to offer VRFB from a variety of manufacturers, with joint projects being focused on 250 kW/1 MWh up to the multi-megawatt scale. AVL is also developing its Australian Vanadium Project, one of the highest-grade vanadium projects globally, with 183.6 million tons at 0.76% vanadium pentoxide. Proven ore reserves amount to 9.82 million tons at 1.07% and the project holds a probable reserve of 8.42 million tons at 1.01%. The company has also developed local production capacity for high-purity vanadium electrolyte, which forms a key component of VRFB. As for other grid-scale VRFB developments, Canadian company CellCube Energy Storage Systems and Pangea Energy have revealed plans to install a 50 MW/200 MWh vanadium redox flow battery storage system in South Australia. The Pangea Storage Project is in the latter stages of pre-development at a 79-hectare Port Augusta site. Pending due diligence and review the constructions are set to take place in late 2019.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, storage, Australia, Oceania, Vanadium and Metrowest Power Systems, memorandum, vanadium redox flow battery, EPC Metrowest Power Systems, VSUN Energy, Vincent Algar, VRFB, CellCube Energy Storage Systems, Pangea Energy, Pangea Storage Project
Hydrogen Fuels Australia plans modular project in Victoria
model will additionally allow us to expand quickly across Victoria as well as Australia to satisfy growing demand for hydrogen refuelling, while designating resources
Jun 18, 2021 // Solar to Fuel, Australia, hydrogen, Oceania, Hydrogen Fuels Australia, H2FA, Robert Grove
Australia to reach 30% non-hydro renewable energy by 2030
renewable energy generation will certainly make up near a third (30%) of Australia's overall power mix by the end of the years, driven by development in
Mar 9, 2021 // Storage, Market Research, Australia, Oceania, fitch solutions, green hydrogen, thermal generation
Solar additions drive record low electricity costs in South Australia
according to the Australian Energy Market Operator's (AEMO) most recent quarterly report, which stated that light summertime temperature levels and record Q1
Apr 28, 2021 // Markets & Finance News, Victoria, Australia, South Australia, queensland, Oceania, new south wales, rooftop solar, grid stability, Australian Energy Market Operator, Violette Mouchaileh, national electricity market
Solar and also wind press wholesale power rates to record lows in Australia
its quarterly market record released Monday, Australia's Energy Market Operator (AEMO) kept in mind that costs on the National Electricity Market (NEM) dipped to AU$
Feb 10, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, Rooftop PV, ENERGY STORAGE, Australia, AEMO, Oceania, curtailment, national energy market, grid curtailment
Western Australia checks out eco-friendly hydrogen hub with as much as 1,250 MW of solar energy
be a "significant financial driver for the state", Alannah MacTiernan, Western Australia local growth minister, said. "The state federal government is eager to work
Sep 21, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Solar to Fuel, Australia, hydrogen, Oceania, Alannah MacTiernan, green hydrogen, solar-plus-hydrogen
Large battery pipeline nudges 7GW in Australia, as functions for storage space multiply
from Cornwall Insight Australia released on Thursday recommend there is currently just over 900MW-worth of dedicated or significantly progressed huge battery
Dec 11, 2020 // Storage, Australia, Oceania, Ben Cerini, battery project, Cornwall Insight Australia
Australia's Labor party has 82% renewables goal for 2030
plan, entitled Powering Australia, seeks to drive complete investment of regarding AUD 76 billion (USD 53.5 bn/EUR 47.4 bn) with public financial investment of AUD
Dec 7, 2021 // Markets & Finance News, Australia, Oceania, Labor party
Key Coal Plant Shutters After 52 Years in Australia Energy Shift
Australia turned off among its biggest coal-fired power plant after virtually 52 years of procedure as the country accelerates its transition far from fossil fuels. The Liddell plant in the Hunter region north of Sydney, which made use of to generate adequate power for regarding 750,000 homes, was turned off on Friday, utility AGL Energy Ltd. said. The business intends to construct a large grid-scale battery on the site, part of a wider plan to transform the coal-producing area into a clean-energy hub. " Today notes the end of one chapter for the site, yet additionally the start of an additional with our strategies to transform the site into the Hunter Energy Hub," Chief Executive Officer Damien Nicks stated in a statement. Australia is in the middle of among the world's fastest shifts from coal-- which currently creates over half of its electrical power-- to a renewables-dominated grid. By the middle of the following decade the majority of its coal plants will have closed, and also by 2040 near 100% of its electrical power will be created by wind, solar and also hydropower. Australia's Changing Energy Mix Renewables are anticipated to rapidly change the country's grid AGL was the target of a takeover last year by Canadian private equity titan Brookfield Possession Monitoring as well as billionaire Mike Cannon-Brookes, that intended to shut its coal plants early and also replace them with renewables. That proposal failed, however Cannon-Brookes subsequently built an 11% stake in the business as well as drove a board and executive shakeup that caused a much more ambitious emissions-reduction approach.
Apr 28, 2023 // Plants, Markets & Finance News, Storage, Australia, Oceania, Damien Nicks
Photon Energy grows IPP portfolio, gain from 'pivotal year' in Australia
had solar projects are Hungary, the Czech Republic as well as Slovakia. It was Australia, nonetheless, where the company took pleasure in a "critical year", thanks
Apr 19, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, IPP, Australia, Hungary, Europe, eastern europe, Oceania, photon energy, covid-19, company results
NSW Govt Gives Go-ahead to 400 MW Solar-Battery Plant in Australia
Renewables Australia has revealed that the New South Wales government has given its approval to the growth plans for the 400-MW Stubbo Solar Farm and Battery
Jul 16, 2021 // Plants, Storage, Australia, Oceania, new south wales, Renewable Energy, Killian Wentrup, Orana region, Stubbo Solar Farm and Battery project, UPC\AC Renewables
GE to supply 100 MW/300 MWh battery for South Australia solar farm
of the bigger PV projects in the South Australian pipeline has named its energy storage supplier. The Solar River Project has selected Paris-based GE Renewable
Sep 20, 2019 // Storage, storage, Australia, Oceania, GE Renewable Energy, Jason May, Prakash Chandra
Synergy's 500-MW Battery: Powering Western Australia's Future
a state-owned energy retailer in Western Australia, has begun construction on a 500-MW/2,000 MWh Collie Battery Energy Storage System, which will be one of the
Mar 18, 2024 // Storage, Australia, Oceania, synergy
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia
as President said "we are thrilled to be developing our 2nd big battery in Australia. The Victorian Big Battery once again demonstrates the value of cutting-edge
Mar 1, 2021 // Markets & Finance News, Storage, TESLA, Victoria, Australia, neoen, Oceania, Ian Learmonth