The Australian government has announced the results of Capacity Investment Scheme (CIS) Tender 8, selecting 15 battery energy storage projects across the National Electricity Market (NEM), totalling 4.2GW/16.1GWh.

Flower and ENGIE sign a 7-year virtual toll for 126MW in Germany, while Entrix wins optimisation rights for DRI’s 133MW Polish BESS.

South Australia’s SA1 trading region reached the NEM AU$20,300/MWh price cap twice during the evening of 21 June.

Developer BLT Energy has received development approval for the 800MW/4,800MWh Red Gully BESS in Western Australia.

Energy storage developer Eku Energy has submitted two BESS, each sized at 300MW and 1,200MWh, for assessment under Australia’s EPBC Act.

We chat to Stephan Lehrke, head of Germany at Second Foundation, a Czech Republic-headquartered energy asset trading firm which is becoming an owner-operator of BESS.

Activity in Central and Eastern Europe (CEE) continues to accelerate, with two separate c.600MWh projects completed in Bulgaria by Solarpro & CATL and Sunotec and Sungrow, plus around 800MWh of capacity progressed across Romania, Estonia, Lithuania, and Finland.

Neoen Australia has signed virtual battery agreements with energy retailers Nectr and SmartestEnergy for Stages 2 and 3 of the Western Downs Battery in Queensland.

Octopus Energy Generation has partnered with ZE Energy to invest in and build one of Italy’s biggest BESS projects, while Eco Stor has secured financing for one of Germany’s, which it is already building. Optimiser Entrix has also won two large contracts in Germany and the Netherlands.