- “Coal Generators Bleeding Money As Renewables, Rooftop Solar Push Prices Down” • Revenue for the operators of coal burning power stations has plunged by $5.4 billion as coal use continues to decline. This is impetus for AGL, which burns more coal than any other company in Australia, to bring forward its coal closure timeline. [Mirage News]
- “Air Compression To Be Used In The World’s Largest Non-Hydro Energy Storage System” • The world’s largest advanced compressed-air long-duration energy storage (A-CAES) system is set to be constructed in California. Canadian company Hydrostor has announced that it is developing two A-CAES projects, each of 500-MW / 5-GWh. [Energy Matters]
- “The Dam Has Broken And West Virginia Has Awoken To Solar Power” • The tight grip the coal industry has on West Virginia is loosening. Consider the case of Nitro Construction Services, a provider of electrical, mechanical, and technological services. Its roots are in the coal industry but it is now ramping up its new solar business. [Forbes]
- “Volkswagen And QuantumScape Sign Agreement To Pick A Location For Their Joint Venture Pilot-Line Facility” • A solid-state battery developer, QuantumScape, announced that it signed an agreement with Volkswagen Group of America to pick the site of the two companies’ joint-venture solid-state battery pilot-line facility by the end of this year. [CleanTechnica]
- “Powercor Proposes 20 Big Batteries For Victoria Renewable Energy Zones” • Victoria electricity network operator Powercor put forward a plan to install up to 20 big batteries totaling more than 1.1 GW at key network centers to help strengthen the grid and deliver on the state’s renewable energy target. They would facilitate 10 GW of renewables. [Renew Economy]
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