India’s energy storage industry is at a turning point as developers, financiers, and policymakers work to define viable business models for the next wave of large-scale battery projects.
Marie Cullen, head of procurement at Fluence Australia, explains how social licensing could become a key component for the future of energy storage developments.
The Victoria government in Australia has approved a 300MW/1,200MWh BESS in Gippsland and a 332MW solar PV power plant with integrated storage in the state’s northeast region.
Battery storage capacity in Australia’s National Electricity Market (NEM) expanded by 2,936MW/6,482MWh over the 12 months leading to the end of Q3 2025.