Suitable energy storage project sites are quickly being snapped up in Australia’s National Electricity Market (NEM), with a premium on grid location.  

BloombergNEF (BNEF) has found that utility-scale BESS uptake in Australia could increase eightfold to 18GW in 2035, up from 2.3GW in 2024.

Taiwan’s HD Renewable Energy (HDRE) and Australian renewable energy developer ZEN Energy have secured a 795MW greenfield solar PV and energy storage portfolio spanning four projects in Australia.

Mark Croudace, executive representative of the LDES Council, questioned what technologies will join lithium-ion on the energy storage podium.

Fluence will use its AI-powered bidding optimisation software Mosaic to co-optimise Gentari’s 172MW Maryvale solar+BESS site in Australia.

Another roundup from the world of energy storage, with news from SMA, Canadian Solar’s e-Storage and Trina Storage.

Squadron Energy is seeking approval from the Australian government’s EPBC Act to develop a 1,000MWh BESS in New South Wales.

Equis Australia claims it has secured New South Wales’ first merchant BESS debt financing for a 500MWh BESS in Australia.

Dr Emi Gui of the Monash Energy Institute believes there’s a void in the market for an entity to drive Australia’s community batteries.

Acen Australia has sold a 50MW/100MWh 2-hour duration hybrid solar PV and BESS project to developer FRV Australia.