Energy storage developer and system integrator Energy Vault has released its Q4 and full year 2025 financial results, showing growth credited to entering the AI infrastructure market, expanding projects in Australia and its ‘Asset Vault’ subsidiary.
Vena Energy has signed a long-term revenue share agreement with Danish energy trading company InCommodities for its 204MW/510MWh Bellambi Heights battery energy storage system (BESS) in Central West New South Wales, Australia.
A collaborative team of Australian scientists from CSIRO, the University of Melbourne and the Royal Melbourne Institute of Technology (RMIT) has successfully developed and tested the world’s first proof-of-concept quantum battery system.
“When we started back in two years ago, there was a lack of understanding in the market about how the grid-forming inverters operate,” said Ghasem Jahedi, principal grid engineer at AGL.
The price of BESS has fallen steadily in the past few years, but recent events look set to slow or event reverse that trend at least in the short term. Video interviewees at last month’s Energy Storage Summit 2026 shared their views on the topic.
Executives from BW ESS, R.Power and Econergy, IPPs building large-scale BESS across Europe and Australia, recently sat down for video interviews at the Energy Storage Summit 2026 in London.