“Policy and market frameworks must evolve” in ASEAN countries to unlock the full value of energy storage in the region’s energy transition, according to a new report.

Singapore-based Equis has launched GreenPoint Energy, a wholly owned subsidiary consolidating its Australian renewable energy and battery storage operations under a dedicated platform with a 2.5GW portfolio of 12 battery energy storage systems (BESS) and wind projects across every National Energy Market (NEM)-connected state.

Edify Energy has reached financial close on two solar-plus-storage projects in Queensland, totalling 600MW/2,400MWh of BESS.

EDP Renewables Australia has secured AU$3 million in funding from ARENA to develop the Braidwood Renewable Microgrid Project.

Hitachi Energy has entered a 20-year service agreement with Australian developer Akaysha Energy to support the 155MW/298MWh Ulinda Park battery energy storage system (BESS) in Queensland’s Western Downs region.

Australia’s New South Wales (NSW) has opened two tenders seeking 2.5GW of renewable energy generation and 12GWh of long-duration energy storage, marking the largest generation procurement in the state’s history under its Electricity Infrastructure Roadmap.

Malaysian multinational utility company Tenaga Nasional Berhad (TNB) has launched a 100MW/400MWh battery storage project with an opening ceremony.

Yarra Energy Foundation (YEF), a not-for-profit organisation, has commissioned a community battery storage system and two wheelchair-accessible electric vehicle (EV) charging bays in Clifton Hill, an inner-city suburb of Melbourne, Australia.

Swedish independent power producer (IPP) OX2 has confirmed it has started construction activities at the 100MW/300MWh Muswellbrook solar-plus-storage site in New South Wales (NSW), Australia.

Australian energy storage developer Enervest has acquired the Northern Border Battery, a 300MW battery energy storage system in development, from an unnamed Sydney-based developer.