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Thermal energy storage tech to bolster industry decarbonisation in Australia
Long duration energy storage developer MGA Thermal is one step closer to commissioning its behind-the-meter demonstration plant after receiving a $2.48 million windfall from the Australian Renewable Energy Agency.
Jun 20, 2024
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Envirostream eyes increased recycling revenues after boosting battery volumes
Battery technology company Lithium Australia’s 100%-owned subsidiary Envirostream is seeking to scale up its battery recycling efforts, signing an updated agreement with South Korean manufacturer LG Energy Solution in a move that could deliver 770 tonnes of lithium-ion batteries for recycling.
Cornwall backs new FCAS markets to deliver big profits for batteries
“Substantial” profits available in the recently introduced Very Fast Frequency Control Ancillary Services markets will lead to a surge in battery involvement according to new data provided by energy market consultancy and research group Cornwall Insight Australia.
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