Australia’s Federal Budget included AU$4 billion new investment in energy, confirmation of tenders for renewables and energy storage.

Bitech has received a Letter of Intent from Nam Viet Green Energy for solar, battery storage project financing and execution.

Australia will launch its first tenders for large-scale energy storage resources during this year, minister says.

RWE has been awarded a long-term contract for a 50MW/400+MWh battery storage project in New South Wales, Australia.

The Australian government is funding grid inertia measurement trial at the Victorian Big Battery, aiming to develop real-time, accurate assessments of the status of the network.

Work is set to begin “within weeks” on a BESS project at the site of a coal power plant in New South Wales, Australia.

Nearly double the megawatt-hours of large-scale BESS under construction in Australia by the end of 2022 compared to 2021.

Vietnam’s energy storage sector a priority for Asian Development Bank and Global Energy Alliance for People and Planet funds.

ACT government has partnered with developer Eku Energy to deliver its flagship Big Canberra Battery project.

News in brief from around the word in energy storage with another edition of the Energy-Storage.news roundup.