The Australian government has officially launched the AU$500 million Battery Breakthrough Initiative (BBI).

Singaporean renewable energy developer Blueleaf Energy has signed a memorandum of understanding (MoU) with Chemsain Sustainability to jointly explore developing a portfolio of up to 3GW of solar PV and battery energy storage systems (BESS) in Malaysia.

AGL Energy has deployed approximately AU$900 million toward BESS and renewables in Australia during the fiscal year ending June 2025.

The Australian government has appointed multinational consumer credit agency Equifax Australasia Credit Ratings to design, develop, implement, and operate a new Developer Rating Scheme.

Australian network company Ausgrid has commissioned its largest community battery to date, a 5MW system in Cooranbong in the Central Coast region of New South Wales.

A 130MWh battery energy storage system owned by the Australian arm of Iberdrola has officially entered AEMO’s Market Management System.

The government of Indonesia has launched a programme that aims to build 100GW of solar PV and 320GWh of BESS in the coming years, mostly distributed across smaller projects in rural areas.

Acen Australia has submitted plans for a 440MW/1,760MWh BESS in Queensland to the Australian government’s EPBC Act.

Ceylon Electricity Board (CEB), the main electricity company in Sri Lanka, has issued an RFP for large-scale BESS.

Sahand Karimi, CEO of OptiGrid, tells ESN Premium that the majority of BESS projects in the NEM “rarely go fully contracted”.