Australia’s Clean Energy Finance Corporation (CEFC) and the Octopus Group have followed up their recent development deal for a mixed renewables hub.

Global energy storage and electric vehicle (EV) technology group NHOA, formerly Engie EPS, doubled its energy storage revenues in 2021 and says it has a €764m pipeline for the segment.

Australia logged its first year of annual battery storage deployment exceeding 1GWh in 2021.

A 50MW/50MWh BESS will demonstrate the ability of smart inverter technologies to support the stability of the power grid in Australia. 

Four winners have been selected to receive financial incentives from India’s government, to support plans to build 50GWh annual manufacturing capacity of advanced batteries for EVs and ESS. 

The state government of New South Wales in Australia is opening up a competitive procurement process for Waratah Super Battery.

Indonesia’s state-owned utility and battery producer have launched a 5MW battery energy storage system (BESS) pilot project, the first up to 2GW of battery storage it could deploy on its national grid.

Lithium iron phosphate (LFP) will be the dominant battery chemistry over nickel manganese cobalt (NMC) by 2028, in a global market of demand exceeding 3,000GWh by 2030.

Tesla has been contracted to provide 300MWh of its Megapack BESS for projects in development by Edify Energy in Australia. 

Australia’s biggest utility company looks set to be in ownership of the country’s biggest battery storage facility.