The Clean Energy Council (CEC) of Australia has revealed that six large-scale energy storage projects totalling 573MW/2,047MWh reached financial commitment in the second quarter of 2024.

Energisation has begun at Waratah Super Battery, the energy storage project contracted as a ‘giant shock absorber’ for the grid in New South Wales, Australia.

After Redflow entered administration, Energy-Storage.news Premium speaks to Richard Hughes of Deloitte, appointed to evaluate the flow battery manufacturer’s options.

AEMO has said that despite concerns about grid reliability in 2027-28, energy storage projects will help alleviate some of these concerns.

Today (29 August), the Victoria government announced it has streamlined the planning process to deliver the state’s “largest” battery energy storage system (BESS), ACEnergy’s 350MW/700MWh Joel Joel project.

The administrators appointed to handle the affairs of Australian flow battery manufacturer Redflow have already received interest from prospective buyers and investors.

Australian energy major AGL Energy and Neoen have signed a 10-year “virtual battery” contract to build a second 270MW/540MWh battery energy storage system (BESS) at the Western Downs Battery project in Queensland, Australia.

Australian utility Origin Energy has started constructing its 300MW/650MW Mortlake battery energy storage system (BESS) in Victoria, Australia.

Australian flow battery manufacturer Redflow is in voluntary administration after being unable to raise equity funding for a strategic plan.

Taiwan Cement Corporation has increased its valuation of battery storage and electric vehicle infrastructure solutions provider New HOrizons Ahead (NHOA).