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.

Sungrow has inked an agreement with CREC to supply 1.5GWh of battery energy storage systems (BESS) in the Philippines.

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

China-headquartered electronics firm Huawei has secured a supply agreement to provide a 4.5GWh battery energy storage system (BESS) for the Meralco Terra Solar project in the Philippines.

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.

Finnish marine and energy technology group Wärtsilä has been contracted by Australian utility Origin Energy to deliver the third stage of the Eraring battery energy storage system (BESS) in New South Wales.