French independent power producer (IPP) Neoen has secured AU$1.4 billion (US$890 million) in capital to help fund energy storage and solar PV projects in Australia.

Western Australia’s Altech Batteries has inked an offtake agreement to supply the Western defence market with its CERENERGY battery energy storage system (BESS) technology.

Solar PV developer Lightsource bp has started construction on two solar-plus-storage projects in Queensland and New South Wales, Australia, following success in the first tender of the Capacity Investment Scheme (CIS).

Research firm Wood Mackenzie has found that daily price volatility from renewables on Australia’s National Electricity Market (NEM) supports a stronger battery revenue outlook.

A 1,200MWh solar-plus-storage twin project is set to be developed in North Queensland, Australia, after success in the recent Capacity Investment Scheme (CIS) tender.

The first Capacity Investment Scheme (CIS) tender round in Australia successfully awarded 3.5GWh of co-located battery energy storage systems (BESS) as renewables-plus-storage projects.

Optimiser Habitat Energy has secured a deal with Eku Energy to optimise its 250MW/500MWh Williamsdale BESS in the ACT.

Australian utility Origin Energy has confirmed that the first stage of the Eraring battery energy storage system (BESS) has been energised.

A report by CSIRO has found that large-scale BESS capital costs have improved the most in 2024-25, falling by 20% year-on-year (YoY).

Australia-based investor Quinbrook Infrastructure Partners has submitted plans to the federal government for a 750MW battery energy storage system (BESS) co-located with a proposed polysilicon plant in Townsville, Queensland.