Contact Energy plans to raise NZ$525 million (US$316 million) in equity funding to fast-track its Contact31+ strategy for its renewable energy and storage pipeline in New Zealand.
Quinbrook Infrastructure Partners has commenced commercial operations for the 619MWh Stage One of its Supernode battery energy storage system (BESS) project, located at the South Pine substation in Queensland, Australia.
State-owned energy company Stanwell Corporation has commenced commercial operations of its 300MW/600MWh Tarong battery energy storage system (BESS) in Queensland.
Major Australian energy generator-retailer EnergyAustralia has reached financial close on its 250MWh Hallett battery energy storage system (BESS) in South Australia.