Akaysha Energy has closed financing for a battery storage project in New South Wales, Australia that is planned to be in excess of 1,660MWh capacity.

The Vecco Critical Minerals Project, an AU$798 million (US$540 million) initiative aiming to unlock upstream battery manufacturing, has been declared a “coordinated project” by the Queensland government in Australia.

Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.

India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.

While Chinese companies dominated the square footage at ees Europe / Intersolar Europe in Munich last month, some project developers are still keen on prioritising products made closer to home.

Octopus Group’s first standalone battery energy storage system (BESS) project in Australia has won local approval in Queensland.

Queensland Hydro has launched a public consultation phase for its 2GW Borumba Pumped Hydro Project in Australia.

The government of the Philippines will begin a competitive solicitation process for variable renewable energy (VRE) paired with energy storage before the end of 2024.

We hear from industry sources about the reasons for, and implications of, the increasing convergence to the 20-foot, 5MWh+ container as the dominant grid-scale BESS product today.

Australia-based battery energy storage system (BESS) developer, owner and operator Stor-Energy has received a strategic investment from HMC Capital, an ASX-listed asset manager.