AEMO says the NEM has seen energy trading for battery energy storage systems (BESS) revenue rise 97% year-on-year (YoY) to AUS$25.4 million.

The Australian Energy Market Operator (AEMO) has granted US independent power producer (IPP) BrightNight approval to connect its Mortlake Energy Hub, which includes solar and storage facilities, to the Victoria grid.

Australian utility Origin Energy has approved the second stage of the Eraring battery energy storage project in New South Wales, Australia.

Japan is one of the most talked-about emerging grid-scale energy storage markets in Asia, and featured prominently at the Energy Storage Summit Asia.

Eku Energy has seen its development application for a 250MW/500MWh BESS in the Australian Capital Territory (ACT), approved.

According to Mercom Capital, companies in the energy storage space raised US$15.4 billion in corporate funding globally in the first half of 2024.

Energy generator retailer Alinta Energy has received approval to construct its 300MW battery energy storage system (BESS) at Wagerup, Western Australia.

The Japanese government has published the list of battery aggregators that successfully applied to a scheme to promote energy storage systems.

Winning bids as low as IR3.41/kWh (US$0.041/kWh) have been registered in a tender for solar PV paired with battery storage hosted by the Solar Energy Corporation of India (SECI).

US-headquartered developer Pacific Green Technologies has received planning consent from the South Australian government to develop grid-scale battery energy storage systems on the Limestone Coast of South Australia.