Vietnam’s government will “amend policies” to support production of clean energy technologies, a minister has said at the opening of a battery energy storage system (BESS) factory.  

Copenhagen Infrastructure Partners has sold its 240MW/960MWh Summerfield Battery to Palisade Investment Partners in South Australia.

Envision’s Behzad Naderi believes that Australia’s hybridisation rules are reshaping development and connection processes across the NEM.

Energy storage firm Guoxia Technology (02655.HK) has released its first full annual report since listing on the Hong Kong Stock Exchange late last year.  

A 150MWh system has been granted approval in Australia, whilst a 1,000MWh system has been submitted for federal consideration.

James Costello, CEO of EORA Energy, argues that long-duration vanadium redox flow battery storage is critical to Western Australia’s decarbonisation efforts, particularly for remote mining operations.

Australia’s heavy reliance on imported fossil fuels has left households and businesses dangerously exposed to global energy shocks, with the current conflict involving the US and Iran costing motorists more than AU$1 billion (US$710 million) in March alone.

New South Wales has been warned that it must accelerate the development of battery energy storage systems to meet its 2030 targets.

Energy Vault has entered what it has described as “one of the world’s fastest-growing energy storage markets,” acquiring a portfolio of development projects in Japan.

What does the combination of regulatory, supply chain and market pressures mean for the cost of building large-scale BESS this year?