Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.

Independent power producer (IPP) Grenergy has signed a 1TWh night-time power purchase agreement (PPA) for its 3.5GWh Elena BESS project in Chile.

The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.

Australian AI infrastructure developer Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.5GWh of battery storage by 2032.

Axpo and e-Storage have partnered on a BESS in southern Italy, RES Group has signed a full-scope battery asset management agreement in Sweden, while R.Power has agreed to sell a Poland BESS project to Engie.

On 29 June, the China Energy Storage Alliance (CNESA) and the China Automotive Battery Industry Innovation Alliance jointly released the ‘Initiative on Standardising Supplier Payment Practices for Power and Stationary Storage Battery Enterprises.’

Energy North has submitted a proposed 1GW hyperscale data centre campus with a co-located 16GWh BESS to Australia’s EPBC Act.

French independent power producer (IPP) Neoen Australia has begun construction of a 215MW/963MWh battery energy storage system (BESS) at its 440MWp Culcairn Solar Farm in New South Wales, Australia.

Two recent microgrid projects highlight the expanding role of flow batteries, with Quino Energy deploying organic flow batteries in the Maldives and the Paskenta Band of Nomlaki Indians integrating zinc hybrid cathode storage in Northern California.

The European Union (EU) has announced a tripartite agreement to accelerate energy storage deployments in the next two years.