The world’s biggest solar+storage project is a step closer to realization, as the government of Australia’s Northern Territory and Singapore-based Sun Cable have signed a deal to advance the development of the Australia-ASEAN Power Link.
The commission has proposed updating the law which regulates the bloc’s cross-border energy networks to include new energy storage technologies and smart grids as well as removing fossil fuel eligibility for public funding.
University of Western Australia Professor Ray Wills says it’s “unlikely” that hydrogen will overtake batteries as the world’s preferred transport fuel.
Companies from a dozen EU member states will commit the public funds in a bid to come up with novel battery chemistries and production methods as well as recycling and circular economy innovation.
In November, Cornwall Insight estimated that Australia had 7 GW of battery storage projects in the pipeline. Since then, massive amounts of storage capacity have been added.
The battery has a storage capacity ranging from 10 to 15 kWh and is already commercially available in Germany and Europe.
Solar-linked projects will be developed by domestic firm Augwind and will feature underground storage tanks. One of the systems will be built by French energy giant EDF and will feature a 20 MWh compressed air storage system and 5 MW solar array.
IHS Markit is predicting the world will add 30% more solar capacity this year.
Scientists from Israel and France have proposed a PV-plus-thermal-storage (PV-TS) concept that may be applied in regions with low direct solar beam radiation and high levels of global solar radiation. They estimated that the grid penetration rate of a large scale PV plant, when combined with molten salt storage, may rise from around 30% to up to 95%.
Gowing Bros has become the first major customer of the LAVO 40 kWh battery in Australia. The system, which features an electrolyzer and domestic fuel-cell tech, will be market-ready in June.
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