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Reported and projected cumulative global installations by region. with 'RoW' representing the 'Rest of the World' and 'Buffer' markets and use cases for which there is low visibility, BloombergNEF noted. Image: BloombergNEF

US, EU policies prompt BloombergNEF to upgrade global energy storage deployment forecasts

October 14, 2022
Recent policy developments in the US and European Union represent a considerable uplift to prospects for global energy storage deployment.
Origin's Eraring coal power station (above), is currently the site of a major BESS development by Origin. Image: CSIRO.

New South Wales hands 700MW/1,400MWh ‘Super Battery’ connection contract to Transgrid

October 14, 2022
Steps forward have been taken New South Wales, Australia, for the largest battery storage system anywhere in the Southern Hemisphere.
Large-scale solar PV plant in Victoria, Australia, with battery storage in foreground. The new CfD is designed to stimulate investment in large-scale PV and wind, which has stalled in Australia. Image: Edify Energy.

EnergyAustralia considering 500MW battery project in New South Wales

October 13, 2022
EnergyAustralia is tentatively planning to build a 500MW battery energy storage system (BESS) on land it owns in New South Wales.
bess cost

‘Average project size now 100MW/200MWh’: Wärtsilä energy storage VP Andy Tang at RE+2022

October 12, 2022
At RE+ 2022 last month, Energy-Storage.news met with leading figures from the energy storage industry for a series of exclusive interviews.
Black coal, the closest competitor to battery storage, will be all but off the system by the mid to late 2030s. Image: Flickr user John Englart.

Australia’s ancillary services costs coming down as more batteries enter market

October 11, 2022
New large-scale battery storage in Australia will increase competition and put downward pressure on costs of ancillary services.
Lily D'Ambrosio, Victoria's Energy Minister, announced the winners yesterday. Image: Friends of the Earth.

Winning solar PV projects in Victoria renewables auction include 365MW/600MWh of battery storage

October 7, 2022
Second Renewable Energy Target auction held in Victoria, Australia, won by six solar PV projects, four of which include battery storage.
Elsewhere in Australia, Neoen's 100MW/200MWh Capital Battery project reached financial close in October and construction underway. Image: Neoen via Twitter.

Australia’s CEFC lends AU$35.5 million towards cost of Neoen’s Capital Battery project

October 5, 2022
Australia’s national Clean Energy Finance Corporation has invested to help a 100MW/200MWh battery storage project reach financial close.
Australian energy minister Chris Bowen (left) visiting battery storage manufacturer Gelion's premises. Image: Gelion.

Zinc bromide battery production begins in Australia using legacy lead-acid production know-how

October 3, 2022
Zinc bromide battery startup Gelion has started up manufacturing operations in Australia which lean on existing production techniques for lead-acid batteries.
vanadium redox flow battery energy storage mustang vanadium M&A cellcube bushveld

CellCube in 8MWh flow battery pilot to target Australia’s C&I market prospects

September 30, 2022
CellCube has formed an R&D partnership in Australia in anticipation of establishing a presence in the country’s long-duration energy storage market.
AGL brought forward the closure date of Loy Yang (pictured), where it plans to deploy a large-scale BESS. Image: Wikimedia user Marcus Wong.

225MW of grid-forming battery storage supported by state government in Victoria, Australia

September 29, 2022
Alongside unveiling of an energy storage deployment target, Victoria government announced funding for large-scale battery storage projects.

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