Genex Power has now achieved financial close on its 50MW/100MWh battery energy storage system (BESS) project in Queensland, Australia. 

Redflow has reported a significant rise in revenues from its zinc-bromide flow batteries but the Australian company noted that it expects to remain “cash-flow negative for some time”.

Fluence’s artificial intelligence-driven bidding platform will optimise large-scale wind and solar assets in Australia for Telstra Energy. 

Genex Power has “secured the final piece” of its project finance package for Bouldercombe Battery Project in Queensland. 

The first ever solar-plus-storage hybrid resources system in the Philippines is now in operation after energy company AC Energy (ACEN) switched on the site’s battery energy storage system (BESS).

Genex Power has received credit approvals on a AU$35 million (US$25.26 million) debt finance facility for its 50MW/100MWh Bouldercombe battery energy storage system (BESS) project in Queensland, Australia. 

Australian energy retailer Origin Energy intends to build a 700MW battery storage system on the site of a coal power plant for which it has brought forward a planned retirement date by seven years. 

Powin Energy has signed framework agreements with four developers for 5.8GWh of battery storage solutions to be delivered in the 2022-2024 timeframe. 

Asia-Pacific will overtake North America as the biggest utility-scale energy storage (UES) market by annual installed gigawatts (GW) by 2024-2025, according to a new report by Guidehouse Insights, one to two years later than in the firm’s previous forecasts.

A public consultation period has opened on plans for a vast renewable energy project including large-scale battery storage which would be used to power mining operations for Australian metals company Fortescue.