1. TECHNOLOGY: Siemens eyes Tesla-beating battery for Australia grid woes

    TECHNOLOGY: Siemens eyes Tesla-beating battery for Australia grid woes

    Three years after Elon Musk took up a challenge to solve Australian power outages by building the world's biggest battery, a Siemens AG venture wants to install even larger ones to bolster renewable investment in the nation. Fluence Energy, a partnership between Germany's Siemens and Arlington, Virginia-based AES Corp., is proposing to build two giant lithium-ion batteries at strategic points on the transmission grid to allow better access for clusters of wind and solar plants. It says it can have the units up and running within 18 months, much quicker than building out transmission infrastructure to accommodate more renewables.

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