Energy-Storage.news Premium speaks to one of the chief architects of the Capacity Investment Scheme (CIS), aimed at breaking down barriers to investment and deployment in Australia’s renewable energy and storage sectors.

Sun Cable has obtained its principal environmental approval from the Northern Territory government and NT Environment Protection Authority for its Australia-Asia PowerLink (AAPowerLink) interconnector.

IPP Tenska has submitted an application with the Washington Energy Facility Site Evaluation Council for the construction and operation of a 200MW/800MWh standalone BESS.

US solar PV and energy storage project developer Strata Clean Energy has signed a long-term tolling agreement for a 150MW/600MWh battery storage project in Arizona, US.

Sungrow and Rolls-Royce have announced major battery energy storage system (BESS) project orders in Belgium and the Netherlands, respectively.

Independent power producer (IPP) Atlas Renewable Energy discussed its large-scale BESS projects in Chile, where gigawatts of projects are expected to come online in the next few years.

Energy storage fund investment manager Gore Street has released its full-year results, reiterating how internationalisation helped it weather falling revenues in the UK – though not enough to maintain its dividend level.

World Bank Group has approved plans to develop Botswana’s first utility-scale battery energy storage system with a capacity of 50MW/200MWh.

We hear from Gresham House and optimisers Capalo AI and Flower on the BESS industry’s move away from merchant-only models towards more contracted revenues.

Akaysha Energy has closed financing for a battery storage project in New South Wales, Australia that is planned to be in excess of 1,660MWh capacity.