A report by CSIRO has found that large-scale BESS capital costs have improved the most in 2024-25, falling by 20% year-on-year (YoY).

Australia-based investor Quinbrook Infrastructure Partners has submitted plans to the federal government for a 750MW battery energy storage system (BESS) co-located with a proposed polysilicon plant in Townsville, Queensland.

Technology provider Rongke Power has completed a 175MW/700MWh vanadium redox flow battery project in China, the largest of its type in the world.

Finnish marine and energy technology group Wärtsilä has been contracted by Australian utility Origin Energy to deliver the third stage of the Eraring battery energy storage system (BESS) in New South Wales.

Australia’s Queensland government is set for crunch talks with Queensland Hydro to “save” the 2GW/48GWh Borumba pumped hydro energy storage (PHES) project, with its cost having increased to AU$18 billion (US$11.5 billion) and been delayed by three years.

French independent power producer (IPP) Neoen has agreed to sell its operational and development projects in Victoria, Australia, including the 350MW/450MWh Victorian Big Battery, for AU$950 million (US$610 million).

AEMO said that new energy storage capacity that has come online will play a key role in grid stability throughout the 2024-25 summer months.

Western Australia’s GreenTech Hub, dedicated to supporting emerging green technologies, will explore advanced energy storage systems as its first challenge.

Energy-Storage.news hears from the CEO of American Energy Storage Innovations (AESI), about its BESS technology, battery cell strategy, manufacturing in East Asia and the “shocking” price of manufacturing in the US and buying US-made cells.

Energy storage developer Pacific Green is eyeing a future grid-connected battery energy storage park in Wagga Wagga, New South Wales, Australia.