Genex Power has bought up a 2GW clean energy project which it intends to build in five stages in Queensland, Australia.

Republic of Maldives has reopened a tender process, seeking to procure 40MWh of battery energy storage systems.

Onslow, Western Australia, is powered almost entirely by renewables, and the utility behind the project wants to roll out the technology.

Gravity-based energy storage company Energy Vault expects US$680 million in combined revenue over 2022 and 2023, it claimed in its recent quarterly results.

Wirsol Energy has received development approval for its Maryvale solar and energy storage project in New South Wales (NSW), Australia.

E-mobility and energy storage company New HOrizons Ahead (NHOA) has started installation work on an LFP-based 100MW/200MWh battery energy storage system (BESS) in Western Australia, the state’s largest.

Bechtel has been selected to work on design and planning of a large-scale pumped hydro energy storage (PHES) project in Queensland.

The Department of Planning and Environment in New South Wales gave development approval to a proposed 500MW/1,000MWh battery storage project.

Neoen saw its energy storage revenues triple in the first half of this year, driven by its Victorian Big Battery in Australia.

Research firm Wood Mackenzie has downgraded its forecasts for US demand for energy storage in 2022 and 2023 by around one-third, in its most recent global outlook report.