Queensland Investment Corporation (QIC) and EDP Renewables Australia have signed an exclusivity agreement to develop the Punchs Creek Renewable Energy Project, a 1,600MWh solar-plus-storage project in Queensland’s Toowoomba region.

Japan’s NGK Insulators has discontinued its sodium-sulfur (NAS) battery product line, with the exit of its partner, BASF, thought to have led to the final decision.

Australia’s Waratah Super Battery has been hit with a “catastrophic” failure at one of its transformers, reducing the project’s capacity.

HDRE and Zen Energy have executed a 20-year power purchase agreement for the 111MW/330MWh Templers Battery Project in South Australia.

Australia’s AGL Energy has agreed to divest 19.9% of its equity interest in Tilt Renewables to Queensland Investment Corporation (QIC) and a Future Fund-led consortium for AU$750 million (US$488 million).

Trina Storage has signed a memorandum of understanding (MoU) with Pacific Green Energy Group to supply up to 5GWh of battery energy storage systems between 2026 and 2028.

In a BESS market where success hinges on rapid, high-performance, and cost-effective deployment, the role of the system integrator has never been more critical.

As China enters Q4 2025, the capacity utilisation rate of the country’s energy storage battery manufacturing capacity will remain high, a trade body said.

BlackRock-backed Akaysha Energy has secured AU$460 million (US$299 million) in construction financing for its 311MW/1,244MWh Elaine battery energy storage system (BESS) in Victoria, Australia.

Origin Energy has secured unconditional connection agreements with AEMO for its 300MW/650MWh grid-forming BESS at Mortlake Power Station in Victoria.