Two battery storage offtake agreements have been signed in Australia, representing over 2GWh of storage capacity.

The Queensland government has invested AU$48 million to overhaul the ageing 5.7GWh Wivenhoe Pumped Hydro Power Station in Australia.

BYD has presented its latest grid-scale BESS product, pushing energy density even further to its limits, while Eve and Sunwoda have progressed commercialisation of high capacity battery cells.

Australia’s Prime Minister, Anthony Albanese, has increased the country’s emissions reduction target for 2035 to a range of 62% to 70%.

Victoria, Australia, has seen just under 5GWh of battery energy storage systems (BESS) granted approval for development by the state and federal governments.

Green Gravity has signed an agreement with mining company Wollongong Resources to trial its gravitational energy storage in NSW, Australia.

Someva Renewables and AGL Energy have received the federal greenlight to develop a 2GWh wind-plus-storage project in NSW, Australia.

Several Chinese companies active in the energy storage space have recently released their financial reports for H1 2025, with the majority posting strong growth. Their energy storage business segments have been a key driver of that growth.

Developer Lightsource bp has commenced construction on a 49MW/562MWh BESS co-located at the 585MWdc Goulburn River solar plant in Australia.

ESN Premium speaks to Matt Harper, president of flow battery company Invinity Energy Systems, about pursuing a competitive advantage in an emerging space.