Australian battery storage developer Akaysha Energy has secured an AU$300 million (US$196 million) corporate debt facility to accelerate its growing portfolio of utility-scale battery energy storage system (BESS) projects across Australia and global markets.
Potentia Energy, a joint venture co-owned by Enel Green Power and INPEX, has secured the first environmental approval for a grid-scale battery energy storage system (BESS) under South Australia’s new Hydrogen and Renewable Energy (HRE) Act.
French independent power producer (IPP) Neoen, which is now fully owned by Canadian investment firm Brookfield, has switched on the second phase of its 560MW/2,240MWh Collie BESS in Western Australia.
Asset manager MEAG and a subsidiary of inverter specialist SMA have partnered to deploy a 130MW/354MWh BESS in Germany, their second together and one which will deploy ‘next-generation’ inverters.
“Australia is one of the leading countries for grid-forming inverters,” said Natalie Thompson, senior analyst of energy storage and solar at Wood Mackenzie, when discussing the Australian energy storage market.
Renewables developer and independent power producer (IPP) TagEnergy has acquired Australian developer ACE Power, adding 6GW of energy storage and renewables projects to its portfolio.
We catch up with the CEO of BESS developer Harmony Energy about its strategy and plans going forward, following the sale of its affiliated Harmony Energy Income Trust (HEIT).