Global average lithium-ion battery prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said.

Sungrow has inked an agreement with CREC to supply 1.5GWh of battery energy storage systems (BESS) in the Philippines.

Optimiser Habitat Energy has secured a deal with Eku Energy to optimise its 250MW/500MWh Williamsdale BESS in the ACT.

We get the reaction from other BESS suppliers, consultancies, research firms, optimisers, investors and IPPs to BYD launching a BESS using sodium-ion battery cells, a technology many see as a potential competitor to lithium-ion.

China-headquartered electronics firm Huawei has secured a supply agreement to provide a 4.5GWh battery energy storage system (BESS) for the Meralco Terra Solar project in the Philippines.

Australian utility Origin Energy has confirmed that the first stage of the Eraring battery energy storage system (BESS) has been energised.

A report by CSIRO has found that large-scale BESS capital costs have improved the most in 2024-25, falling by 20% year-on-year (YoY).

Australia-based investor Quinbrook Infrastructure Partners has submitted plans to the federal government for a 750MW battery energy storage system (BESS) co-located with a proposed polysilicon plant in Townsville, Queensland.

Finnish marine and energy technology group Wärtsilä has been contracted by Australian utility Origin Energy to deliver the third stage of the Eraring battery energy storage system (BESS) in New South Wales.

Australia’s Queensland government is set for crunch talks with Queensland Hydro to “save” the 2GW/48GWh Borumba pumped hydro energy storage (PHES) project, with its cost having increased to AU$18 billion (US$11.5 billion) and been delayed by three years.