Renewable energy developer Ampyr Australia has reached financial close on its 300MW/600MWh Wellington Stage 1 BESS in New South Wales.

A subsidiary of CATL and local partners have begun construction on a battery manufacturing complex in West Java, Indonesia.

The Victoria government has fast-tracked a 400MWh battery energy storage system (BESS) being developed by Green Power Generation (GPG) Australia.

Australia’s AGL Energy has acquired Tesla’s South Australia Virtual Power Plant with plans to expand the initiative.

With further penetration of solar and wind, grid-forming technologies will become an inevitable choice for the global power system.

The International Finance Corporation (IFC) will loan IR4.6 billion (US$55 million) to infrastructure investor IndiGrid for a standalone battery storage project in Gujarat, India.

Gamuda has partnered with landowners for a 1.2GW renewable energy and energy storage portfolio in Tasmania, Australia, which includes up to 600MW of energy storage capacity.

PowerChina has begun construction on what is claimed to be the world’s largest generation-side electrochemical energy storage project.

OptiGrid has partnered with Hepburn Energy to optimise a BESS at the 4.1MW Hepburn Wind Project in Victoria, Australia, using AI.

The Energy Security Corporation has officially launched in New South Wales, Australia, with an initial funding allocation of AU$1 billion.