Energy storage developer and system integrator Energy Vault has released its Q3 2025 financial results, showing growth credited to expanding projects in Australia and its ‘Asset Vault’ subsidiary.

Three large-scale BESS with a combined capacity of 720MW have been submitted for federal assessment under Australia’s EPBC Act.

Queensland Investment Corporation (QIC) and EDP Renewables Australia have signed an exclusivity agreement to develop the Punchs Creek Renewable Energy Project, a 1,600MWh solar-plus-storage project in Queensland’s Toowoomba region.

Australia’s Waratah Super Battery has been hit with a “catastrophic” failure at one of its transformers, reducing the project’s capacity.

HDRE and Zen Energy have executed a 20-year power purchase agreement for the 111MW/330MWh Templers Battery Project in South Australia.

Australia’s AGL Energy has agreed to divest 19.9% of its equity interest in Tilt Renewables to Queensland Investment Corporation (QIC) and a Future Fund-led consortium for AU$750 million (US$488 million).

Trina Storage has signed a memorandum of understanding (MoU) with Pacific Green Energy Group to supply up to 5GWh of battery energy storage systems between 2026 and 2028.

In a BESS market where success hinges on rapid, high-performance, and cost-effective deployment, the role of the system integrator has never been more critical.

Origin Energy has secured unconditional connection agreements with AEMO for its 300MW/650MWh grid-forming BESS at Mortlake Power Station in Victoria.

India’s energy storage industry is at a turning point as developers, financiers, and policymakers work to define viable business models for the next wave of large-scale battery projects.