The Victoria government in Australia has approved a 300MW/1,200MWh BESS in Gippsland and a 332MW solar PV power plant with integrated storage in the state’s northeast region.
Battery storage capacity in Australia’s National Electricity Market (NEM) expanded by 2,936MW/6,482MWh over the 12 months leading to the end of Q3 2025.
Lithium-ion OEM Envision Energy has launched its latest grid-scale BESS solution, a 10-foot modular DC block which can be combined into configurations of 12MWh or more.
The European Bank for Reconstruction and Development (EBRD) has provided US$142 million in financing for the construction of a 1GW solar and 1.3GWh battery energy storage system (BESS) portfolio in Uzbekistan.
The Australian Parliament has received the Environment Protection and Biodiversity Conservation (EPBC) Act reform bills, marking the government’s latest attempt to overhaul environmental legislation that has faced criticism for delaying renewable energy projects and contributing to biodiversity decline.
On October 29, Sungrow released its Q3 2025 report. Judging from the latest performance, whether in terms of financial data or market capitalisation, Sungrow stands ’in a league of its own’.
Despite a slowdown in electric vehicle (EV) sales in the US, LG Energy Solution (LG ES) experienced a quarterly rise in profits, driven in part by increasing demand for energy storage.
Victoria’s home battery energy storage programme has supported the installation of approximately 20,000 residential energy storage systems, doubling its original target of 10,000 units, according to the state’s climate action minister, Lily D’Ambrosio.
