Financial commitments into utility-scale battery storage in Australia plummeted to just 13MW in Q3, although roughly ten times as much large-scale storage in megawatts have been commissioned so far this year compared to last.

Construction and industrial equipment company Caterpillar has launched an integrated energy storage system solution.

Work has begun on a 600MW/1,600MWh BESS by the State Electricity Commission (SEC), an entity owned by the Australian state of Victoria.

Global battery storage system integrator Fluence has released its Q4 and full-year results, which included the “transformative milestone” of achieving a positive net profit for the first time, CEO Julian Nebreda said.

Global system integrator Fluence has closed a four-year US$400 million asset-backed lending (ABL) credit facility.

Copenhagen Infrastructure Partners (CIP) has embarked on the first of several planned large-scale battery energy storage system (BESS) projects in Australia.

After a difficult couple of years which saw the trend of falling lithium battery prices temporarily reverse, a 14% drop in lithium-ion (Li-ion) battery pack cost from 2022-2023 has been recorded by BloombergNEF.

Helena Li, Trina Solar executive president, discusses how the major solar PV company is growing its footprint in battery storage.

The Australian government’s start of competitive tenders for dispatchable renewable energy capacity backed with energy storage is an unprecedented step for national energy policy.

Battery storage system integrator FlexGen and battery manufacturer Hithium could be supplying each other with complementary technologies for large-scale battery energy storage system (BESS) projects.