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Asia & Oceania

Image: AEMO.
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How will the Frequency Performance Payments reform impact BESS owners in Australia?

July 8, 2025
ESN Premium speaks with Sahand Karimi, co-founder and CEO of Australian AI-driven energy management company OptiGrid, on the new FPP reform.
CATL officially listed on the HKEX in May, the year's largest IPO in Hong Kong. Image: CATL
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Energy storage firms spark Hong Kong IPO boom as H-Shares emerge as key financing platform

July 8, 2025
Listing via the Hong Kong Stock Exchange is emerging as a key financing pathway for China’s energy storage players, writes Carrie Xiao.
Image: Banpu Public Company.

EnergyAustralia sells 50% stake in 1.4GWh BESS for AU$700 million

July 8, 2025
Major Australian energy generator-retailer EnergyAustralia has sold a 50% share in its 1,400MWh Wooreen battery energy storage system (BESS) to Thailand-based energy firm Banpu Public Company.
Image: Fluence.

Ampyr Australia reaches financial close on its first grid-scale BESS, signs contracts with Fluence

July 8, 2025
Renewable energy developer Ampyr Australia has reached financial close on its 300MW/600MWh Wellington Stage 1 BESS in New South Wales.
Groundbreaking ceremony at the West Java plant. Images: CATL.

CATL begins US$6 billion ‘complete value chain’ battery integration project in Indonesia

July 7, 2025
A subsidiary of CATL and local partners have begun construction on a battery manufacturing complex in West Java, Indonesia.
Image: GPG.

Victoria government selects 400MWh BESS to be fast-tracked in Australia

July 7, 2025
The Victoria government has fast-tracked a 400MWh battery energy storage system (BESS) being developed by Green Power Generation (GPG) Australia.
Australia

AGL Energy buys the South Australia Virtual Power Plant from Tesla

July 7, 2025
Australia’s AGL Energy has acquired Tesla’s South Australia Virtual Power Plant with plans to expand the initiative.
Huawei batteries.
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Entering the Smart String Grid Forming ESS Era with Huawei

July 4, 2025
With further penetration of solar and wind, grid-forming technologies will become an inevitable choice for the global power system.
IndiGrid's operational portfolio includes transmission (pictured) and solar PV, while the company recently brought online its first grid-scale BESS. Image: IndiGrid via X.

World Bank’s IFC commits financing to KKR-backed investor’s 360MWh battery storage project in Gujarat, India

July 4, 2025
The International Finance Corporation (IFC) will loan IR4.6 billion (US$55 million) to infrastructure investor IndiGrid for a standalone battery storage project in Gujarat, India.
Image: Gamuda.

Gamuda signs up for 1.2GW renewables and storage portfolio in Tasmania, Australia

July 4, 2025
Gamuda has partnered with landowners for a 1.2GW renewable energy and energy storage portfolio in Tasmania, Australia, which includes up to 600MW of energy storage capacity.

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US ROUNDUP: Cross-industry collaborations target energy storage growth and accessibility

Nightpeak Energy commences operation of 300MWh Texas BESS

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Longroad Energy signs Utah BESS offtake deal, tariff-related price adjustments could increase cost by 4.7% 

BSW-Solar calls for 100GWh of German storage deployments by 2030

Xcel Energy proposes 200MW distributed battery storage network in Minnesota

Greenflash Infrastructure secures financing for Texas’s largest standalone BESS

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