Equis Australia claims it has secured New South Wales’ first merchant BESS debt financing for a 500MWh BESS in Australia.

According to the Q1 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), energy storage installations surpassed 12GW in 2024.

Dr Emi Gui of the Monash Energy Institute believes there’s a void in the market for an entity to drive Australia’s community batteries.

Acen Australia has sold a 50MW/100MWh 2-hour duration hybrid solar PV and BESS project to developer FRV Australia.

California governor Gavin Newsom has taken steps to accelerate the 300MW Cornucopia Hybrid Project in Fresno County, California, US.

Utility and power generation firm Vistra will write down the value of its Moss Landing BESS to the tune of US$400 million in depreciation expense, its entire remaining book value.

Zelestra has signed a Firm & Dispatchable Renewable Energy (FDRE) contract in India with public sector corporation SJVN.

Jupiter Power and Recurrent Energy have secured a combined US$469 million financing for BESS projects in Michigan and Texas, US totalling 1GWh.

Some 2.5GW of BESS projects in the UK have won contracts across the T-1 and T-4 capacity markets (CM), announced in a week which also saw project financings worth a combined c.£1 billion, including from Zenobē, Constantine and Quinbrook.

2.6GWh of utility-scale battery energy storage projects have been successful in Western Australia’s first Capacity Investment Scheme tender.