Cell manufacturing overcapacity and intense competition contributed to an 8% decline in the average cost of lithium-ion battery packs, according to BloombergNEF.

The 600MW/1.6GWh Melbourne Renewable Energy Hub has commenced commercial operations in Victoria, Australia.

Vena Energy has signed a battery storage supply agreement with CATL for a project which would export renewable energy from Indonesia to Singapore.

A Western Australian government initiative to deploy the largest vanadium redox flow battery (VRFB) project outside China is a “pivotal moment,” one technology provider has said.

Vena Energy has commenced construction of a large-scale standalone battery energy storage system (BESS), adjacent to two of the company’s existing facilities, in South Australia.

Battery energy storage systems (BESS) equipped with grid-forming inverters have emerged as essential components for maintaining system stability in Australia’s National Electricity Market (NEM) as renewable energy penetration increases.

Jason Beer of Fluence Australia, discusses some energy trends in Australia that are set to influence the development of the storage market.

Zenith secures 25-year PPA with Northern Star for 532MW hybrid project featuring a 138MW/300MWh BESS at Kalgoorlie gold mine in Australia.

Stanwell bags rights to Quinbrook’s 6.24GWh Gladstone Energy Hub, combining 780MW battery energy storage with gas generation in Queensland.

Two battery storage system developments from FRV Australia and AGL Energy, totalling 2,200MWh, have reached major milestones in Australia.