GXY 0.00% $5.28 galaxy resources limited

Interesting read for the Li bulls, page-2

  1. 445 Posts.
    lightbulb Created with Sketch. 152
    It seems that everyday there is an article like that below on the uptake of Li ion batteries for main stream electrical storage. Whilst Li supply is relatively easy to calculate from shipping stats etc. the uses and demand for Li appear much harder to calculate. There are numerous battery suppliers of all shapes and sizes and for various and increasing uses from the large grid battery to garden tools and mobile phones. Perhaps because of the difficulty, it seems that no institution or analyst has its head around how much Li the battery market will need. It does appear however that EV's are only part of the picture and all the other battery uses may very well outweigh EV's

    Daly River community goes “solar only” by day

    By Sophie Vorrath on May 2, 2018
    The remote indigenous community of Daly River, south of Darwin, is now officially running on solar only during the day, after the installation of 1MW of PV alongside a 2MWh lithium-ion battery system.
    As we reported here in August last year, the formerly mostly diesel powered Daly River Nauiyu community is among the first in the Northern Territory to make the shift to solar and storage, as part of the $55 million Territory’s Solar Energy Transformation Program – or SETuP.
    It is also the only of the SETuP projects – which are led by NT utility Power and Water Corporation, and jointly funded by NT government and the Australian Renewable Energy Agency – to incorporate battery storage.
    The system was designed and built by Conergy and BMD Constructions, and the battery prvided by German company Qinous.
    Power and Water sid the battery was storing excess solar energy as well as managing and stabilising the grid, but most importantly allowing the diesel generators to be switched off completely during the day.
    All up, it says the Daly River system is now capable of powering half the community’s energy needs with solar, and is saving on the cost – both financial and environmental – of burning 400,000 litres of diesel a year.


    Categories Battery/Storage Solar
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.