Battery storage projects at least 1GWh of capacity have been proposed or progressed in Australia by companies Synergy, SkyLab and the Queensland government.
The European Commission has cleared an investment by Canadian pension fund BCI into Eku Energy, a new utility-scale BESS platform launched by Macquarie last year.
Utility Zen Energy has acquired a large-scale 2.5 hour battery storage project from developer and IPP RES in Australia, expected to be online by the end of next year.
The Premier of Queensland announced a major transmission line project to unlock 6GW of renewable energy, enabling the Australian state to create a homegrown clean energy value chain.