Singapore-headquartered clean energy developer Vena Energy has raised AU$1.4 billion (US$970 million) in green finance to support 614MW of solar PV capacity and 1,141MWh of battery energy storage systems (BESS) in Australia.

The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.

Wärtsilä has brought the 150MW/300MWh Bungama BESS online in South Australia, for owner and operator Revera Energy.

Samsung C&T Renewable Energy Australia has submitted the 600MWh Comet Park BESS for federal environmental assessment under the EPBC Act.

Australian AI infrastructure developer Firmus Technologies has signed a 12-year wholesale energy supply agreement with Gunvor Group, including 1.5GWh of battery storage by 2032.

Energy North has submitted a proposed 1GW hyperscale data centre campus with a co-located 16GWh BESS to Australia’s EPBC Act.

French independent power producer (IPP) Neoen Australia has begun construction of a 215MW/963MWh battery energy storage system (BESS) at its 440MWp Culcairn Solar Farm in New South Wales, Australia.

BlackRock-backed developer Akaysha Energy has announced that its 1,660MWh Orana BESS has reached commercial operations in Australia.

Australian utility AGL Energy has submitted a 100MWh BESS in New South Wales for federal environmental assessment under the EPBC Act.

OptiGrid’s Sahand Karimi examines why state of charge & algorithm quality drove divergent outcomes during SA1’s AU$20,300/MWh price cap on 21 June.